Inorogu

Bitcoin and the hype

BITSTAMP:BTCUSD   Bitcoin
Hello everyone!

I talk in this update mostly about BTC and other assets that we are trading. In the update i said that i hold a trade from 28th of August(sorry- it was 28th nov) and if you follow this you know the trade. I would say don't be sorry if you missed on the trade and opportunity. There are big names out there who missed it also. Its fine, sometimes you don't get it right. I think there will be a pullback but we can still squeeze till 25k. But one of the key things to watch is definitely the next earnings season and the financial sector which will be the most impacted by higher rates. Usually bullruns catches everyone by surprise. But one of the first things i learned in bull runs is that you fade the first move because thats when everyone gets trapped. The pullback will be brutal. Will we see 10k? depends...maybe not... but we can definitely revisit the lows. All you have to do is be patient, accumulate small bits and i am sure you will do fine in the long run. Obviously dont buy from top either.

Have a fantastic week ahead of you!

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