crypto_poet

Wishful thinking

Long
crypto_poet Updated   
BITFINEX:BTCUSD   Bitcoin
I do wonder if this pitchfork hodl? As you can see bottom trendline is a massive support - if it breaks price action is going to get nasty again - until then we have a good few days to lock in some profits... Let's watch it closely (I'm sure we all do :)).
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Nice bounce on a weekly - 18 % profits until now... trace them with stop-loss.
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Just pointing out low monthly volume - in my opinion way too small to call it capitulation - remember, we are in a bear market - not only with cryptocurrencies - S&P500, OIL ... all are in trouble - don't be wishing for crypto as wonderful cure for your investments - wake up and be realistic, make sure you follow money management and your working strategy! Remember - with crypto ALWAYS use STOP-LOSS !
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Beautiful :)
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