Bitcoin made this huge pennant in the last couple days and by this point you cannot tell if Bitcoin will move higher to touch a key point like 10K dollars or a lower key point like 5K. If you see someone calling a bull run here or a bear run it is just a speculation or a trade they are making. At this point the probability of breaking up or down is a 50/50 and what I am doing here is waiting for the breakout on Bitcoin to trade it again and meanwhile I will just relax and load up some altcoins that have strong potential in my opinion.
This is a fast and simple tradingidea/comment just to show you how you can't say where Bitcoin is likely to go right now since the probabiliity is not helping significantly any trend right now.
This is a fast and simple tradingidea/comment just to show you how you can't say where Bitcoin is likely to go right now since the probabiliity is not helping significantly any trend right now.
Comment:
So what I want to show you is that there is no reason to try predicting it right now. Just wait for the breakout and that's it.
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trying to break up right now.
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Breakout not confirmed yet tough.