Yang358

Bitcoin year end count down may start soon ...

Yang358 Updated   
BITMEX:XBT   Bitcoin
Just a personal opinion. Please don't take it as buy or sell advise as I am totally new to this world of virtual money game :)
Comment:
Comment:
www.zerohedge.com/cr...estable-institutions

2020: The Year Bitcoin Became Investable For Institutions
1. WATERSHED MOMENT: AUDITORS & SEC APPROVAL OF MICROSTRATEGY PUTTING BITCOIN ON ITS BALANCE SHEET

2. The aim is to make Bitcoin “the primary treasury reserve asset on an ongoing basis”, along with cash and short-term investments, according to the company’s official US Securities and Exchange Commission (SEC) approved Form 8-K.

3. THE FEAR FOR GOLD BUGS: RISK-AVERSE CAPITAL GOES TO BITCOIN
Comment:
asiatimes.com/2020/1...8k-in-2021-citibank/

Bitcoin could hit $318K in 2021: Citibank
1. Note to institutional clients says the crypto may be in the middle of one of its 'unthinkable rallies'

2. Fitzgerald pointed to bitcoin’s 2010-11 “exponential move” as being “very reminiscent” of the 1970s gold market. Gold had experienced 50 years of a constricted $20-$35 price range before a breakout occurred after a change in fiscal policy by the Nixon administration in 1971
Comment:

1. There are three kinds of people: Those who make things happen, those who watch things happen, and those who ask “What happened?”

2. The same goes for trading. If you never look back at the trades you took, especially the ones that were losers, you will consistently ask “What happened? Why am I always a loser?”

3. If you watch things happen *plus* examine all the factors that went on during the process, your trading ability will grow inch by inch, yard by yard, which will turn you into one of those top traders who MAKE things happen.

4. You will be able to *see* the money on the chart. And once you learn to identify patterns by analyzing trade after trade after trade, you find there are *limitless* opportunities to make money. (I paraphrased that last sentence from Mark Douglas, Trading in the Zone, which I highly recommend.)

Note : this article is good to follow :)
Comment:
www.tradingview.com/u/alanmasters/

"The more the resistance is hit, the weaker it becomes" said alanmaster

Note : I learnt this word from Alanmaster. The sentence itself is easy to understand but the true meaning of the sentence is not that easy to understand :)
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