Hello, Viacoin MAN wants to help his friends so he will show a graph that is easier to read by pulling the primary charting that his bias has elected for. Viacoin MAN is using the XBT30M index as a reference for this chart to filter noise of small movements and capture what is nice and beefy.
Viacoin MAN sees that now selling is weakening and that Bitcoin looks very interesting. There is strong support as long as this holds bitcoin should break out. When Bitcoin breaks out of macro-cycles, it makes for the best investment of our time! This is contingent upon it holding its support. Viacoin MAN understands people worry a lot about "what if". The chart doesn't give a reason BTC will fall too much, so why create a fear bias? People are still scared, investors live in forests, losing homes and entire credit scores. Now is still the time to buy.
If the worst happens a margin short is possible to protect our investments but that is not a move to make in hopes of profit.
No one does well shorting the bottom.
Viacoin MAN sees that now selling is weakening and that Bitcoin looks very interesting. There is strong support as long as this holds bitcoin should break out. When Bitcoin breaks out of macro-cycles, it makes for the best investment of our time! This is contingent upon it holding its support. Viacoin MAN understands people worry a lot about "what if". The chart doesn't give a reason BTC will fall too much, so why create a fear bias? People are still scared, investors live in forests, losing homes and entire credit scores. Now is still the time to buy.
If the worst happens a margin short is possible to protect our investments but that is not a move to make in hopes of profit.
No one does well shorting the bottom.