The bitcoin had an excellent growth for the last years. I wish I purchased it for around USD400 when I first set my eyes on it. At the time it looked "expensive" and I was not sure what would be the best way to buy it.
Anyway, the current trend is too exponential in my opinion and I think it may be due for a correction. I have no idea where the support level will be, but in case the price would reach the $1000 mark or the band between the two green lines, I consider it would be a good buy, for long term strategy. I would be afraid to short it now though.
Anyway, the current trend is too exponential in my opinion and I think it may be due for a correction. I have no idea where the support level will be, but in case the price would reach the $1000 mark or the band between the two green lines, I consider it would be a good buy, for long term strategy. I would be afraid to short it now though.
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