I'm still learning this stuff. This is my guess for what will happen. Everyone is predicting a bullish run coming up. Im predicting a bearish one.
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I believe We will see some strong movements in 2 days.
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Looks like it broke from that resistance line last night. From what I have learned is that you buy when it breaks ATH especially when it was a previous line of resistance. Let’s see what this weekend and CME will do to the price!
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Looks like BTC decided to go up. Interesting to see how rules don't always apply. BTC is definitely out to prove everyone wrong. Congratulations to those who saw the opportunity to buy around 18k. This bull has his tail on fire!
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BTC attempting to take a breadth to bounce above the long term bullish trend line.
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Waiting to see if it will come back and pass that long term trend line. There is potential for this to continue bearish if its not able to surpass our previous ATH.
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BTC is beginning to look bullish. If it is able to pass $15,500 and continue on then we are looking good.
Ascending Wedge on BTC chart is a bullish pattern. Trust me!!!
andreotruiz
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@TonyCryptano, let’s see man! I’m excited to see what happens in the next few days/weeks. Best of luck to you and your investments!
Cradlethebomb
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@TonyCryptano, If you trust anything in this market, you lose. But generally if it goes up, it goes down, if it goes down, it goes up. I need to start writing this shit down.
TonyCryptano
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@Cradlethebomb, if you want to short BTC now - good luck!
mightytrader
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Just buy BTC and hold. I try to short but it's too hard. Buy a little and trade the alts to multiply your BTC. This thing is just going to keep going higher until it pops. But when it pops... could be 5 or 10 years... who knows? Stock market a bubble too... but it hasn't popped yet and lots of money to be made doing longs.
andreotruiz
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@mightytrader, thank you! I have diversified into a couple that have profited me well. I didn’t take into account all the transfer and exchange fees and lost some money. But I’m learning from my mistakes. Thanks for the motivation and insight!
mightytrader
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@andreotruiz, No problem. What I did, was I took $500 in November and bought some BTC... I started trading alts and now I have 3k worth of BTC.
If BTC goes down, doesn't bother me because my initial risk was $500. This, I think has done me much better than trading BTC and alts in USD. Too hard to trade cryptos in USD, from my experience.