ExchangeShark

Indecision or not?

BITSTAMP:BTCUSD   Bitcoin
This indecision is nothing but a pause on the uptrend caused by the first-to-second quarter transition, what we are looking at is a very healthy uptrend, with so many things going on around crypto lately it would be unimaginable to believe we are expecting a big dump, I do NOT believe this a good entry point to either a short or long position for a swing but a time to range trade

I have my eyes on the price going up to 70k by the end this year if the trend continues the way it is right now, we the integration of Visa, MasterCard and Paypal to crypto assets I would say I’m staying short at that price but as I said if I had to recommend something it would be range trading for now until we define support or resistance

This is not intended to be financial advise, it’s just a share of my thoughts and a bit of my strategy and position at this time
Comment:
It seems like we’ll be hitting 70k sooner than expected, I’m simply holding and trying to get in with margin orders before the swings
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