norok

Stop saying Brexit and Bitcoin in the same sentence!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I am sick and tired of reading armchair fundamentalist quipping in a tone they think is so wise that "Bitcoin UP on Brexit! {insert witty remark}" If making and reading commentary is your hobby then by all means continue but talk is cheap; it's not going to make you any money.

Let's assume for a minute that you do somehow have a crystal ball for a fundamental event. Even if you were correct the first time how can you repeat that strategy for the next event?

Bitcoin's movements are entirely based on technical price action as I have been detailing the last few days and all the way back to March. The bounce following a double bottom happened at the 571 Weekly support level 6 hours before any news came in for Brexit and every other market that WAS effected began moving.

Want to talk or make money? Quit reading the news and learn to read charts.
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