WyckoffMode

BTCUSD: Upward Pressure Becoming Evermore Evident; Worth Risk...

Long
WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! In my opinion, it is worth a managed risk with low leverage for margin long. Don't forget Stop Loss (SL) if using cross leverage. If you have not accumulated Bitcoin yet, this may be a good time to do so. If you are still cautious about taking the plunge, you can divide your capital intended to invest in Bitcoin into 8 to 12 pieces. You can use two to four pieces to buy now and hold the remaining pieces as insurance against your worst fear. However, if the price action begins pumping up as I expect this weekend, you may be forced to FOMO in by using 2 to 4 more pieces of your capital to accumulate more Bitcoin.

Should Bitcoin be your only investment? No...

My recommendations are the following: It's NOT TO LATE...

ADA
ICX
DOT
LINK
DASH
VET
IODA
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My Top 3 Picks in regards to "Highest Percentage Increase Estimate" from this point up to the Buying Climax near year end.

ADA
DOT
VET
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We are about to witness a MAJOR inflow of US dollars flowing into crypto over the next six months unlike most here can imagine. Those holding large sums of cash right now will begin to feel the pressure to get out of the US dollar and into commodities; such as energy stocks like oil; as well as buying physical silver, gold and crypto currencies.

Yes, we will see the stock market continue to rise like a bat out of hell for a while longer as the FED continues to inflate the dollar. We saw oil go up today when the dollar plunged. This is going to continue and they are going to lay part of the blame for inflation on increased energy prices. The reality is the FED is giving practically free money to banks who are not giving out loans to small businesses but instead are pumping the stock market with those dollars because they know they FED will continue pumping out all this free cash and buying up debts.

It's possible we could see a CRAZY RIDE in crypto currencies unlike anything most here would ever imagine. This "inflation" is going to "inflate" the crypto markets on a much more massive scale than what we will see in the stock market. At least in regard to "Percentage Increase of Investment."
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Weekly Time Frame:
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The Green Line in this 3-Day time frame continues to turn up more vertically. I'm simply posting an update of its progress.

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2-Day Time Frame:
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BTCUSD: Is There a Reason Why we Must Go To the 20-Week MA Again

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