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andypro16
Dec 13, 2017 3:22 PM

Mind your risk. Short

Bitcoin / U.S. dollarBitstamp

Description

The price rises with decreasing volume may represent decreasing of buying power.
Bearish divergence also reminds us to be more careful on what we are buying.

Comment

Comment

You are also reminded that good news (e.g.Bitcoin future avaliable on CBOE and CFE) don't represent that Bitcoin must rocket because the news could be manipulated by somebody (who are manipulating the BTC price???).There might be some bad news appearing in the mass media on some day. Don't forget what was happened in the mid September 2017.

Comment

I am not urging you to short but just hoping that you could think deeply whether you are investing or just betting on those "currencies".
Enjoy your day!
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