marketcast_

BTC: Time for a position in Bitcoin?

marketcast_ Updated   
BITFINEX:BTCUSD   Bitcoin
Hello! As you can see for the Bitcoin chart there is currently 1 green band and 4 red bands. That is bearish. However, sooner or later Bitcoin will make a run up. What is the common sense way to invest in the unpredictable and take advantage of a possible ?

One way is to be invested in the market according to the amount of “bullishness” it’s showing.
For example, total up all the green bands:
1 band green = 0-20% invested
2 band green = 21-40% invested
3 bands green = 41-60%
4 bands green = 61-80%
5 bands green = 81% – 100%

Others may use it this way:
More than 3 bands green = be invested.
Less than 3 bands green = don't be invested.

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*possible rally

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