Bitcoin 2017: Zones and Ideias for Position Trading

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
1091 1
After 2015-late 2016 mega bull cicle, I'm expecting about 10 months of consolidation (previous accumulation time cycle in 2015) in the $1020-660 range, as too many people need to take profits before we can rise more.

My strategy will to buy/sell the first tests of those zones, using safe leverages to slowly build positions. Overall, it might be a pretty boring year for BTC , after all the early volatility is over.

In the red zones, look for buying opportunities in altcoins, especially Ethereum and (maybe) ZCash, the hyped-altcoin-that-hasn't-been-pumped-yet.
Comment removed.
tududu betmantrading
@betmantrading, Reported, get out of my profile.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out