When can you be profitable with Bitcoin again?
I'll tell you what, without many words, just look at the chart.
It gives simple signals when to act. 2-3 trades per year, that's all you need. Calm sleep, nice life.
When will the next time come when you should buy Bitcoin again? The answer is up there on the chart.
This simple but mega-powerful idea was presented to you by ReallyMe. Don't forget where you read it first. Take care & good luck.
I'll tell you what, without many words, just look at the chart.
It gives simple signals when to act. 2-3 trades per year, that's all you need. Calm sleep, nice life.
When will the next time come when you should buy Bitcoin again? The answer is up there on the chart.
This simple but mega-powerful idea was presented to you by ReallyMe. Don't forget where you read it first. Take care & good luck.
Comment:
There is a lot in this idea that may only seem important or decisive to you after the fact. For example, you should not despise the fact at which angle the two curves intersect. The last 3 times it was close to 90°. This is an incredibly clear signal. If you have done previous market research, you know that it rarely turns out so clearly.
Comment:
So, what's new?
If you're smart, you can read this chart correctly.
Bitcoin is likely to rise a bit and then collapse even more.
Bitcoin is likely to rise a bit and then collapse even more.
Comment:
Comment:
Tough fight. Currently it looks like the blue line is going to cross the golden one from top to bottom. It really does. If this is the case, it's smarter to own Gold than Bitcoins, because Bitcoin might then sink and die off for a long time to come:
Comment:
Patience is the key. If you want to lose quickly, invest elsewhere. If you want to win slowly or at least preserve your savings, invest in Gold for the time being and then switch to the MSCI World / S&P 500 sometime in 2021. I'll keep you updated.
Above all, stay healthy. All the best!
Above all, stay healthy. All the best!
Comment:
To explain what is happening and how final it is. Take a look at the development of the Bitcoin / Gold ratio over the last five years. The thick black line was always the last support. On March 12, 2020, it was broken down massively and very aggressively and became the new long-term resistance. Thereafter, on 20th March, the price still tried to overcome the new resistance and was rejected. From now on it will go down for a very long time and very deeply. A "long holding strategy" makes no sense at all under these circumstances, unless you are willing to wait many years and want to risk losing everything in the end.
Comment:
It must be a miracle for the blue line to cross the orange line from bottom to top this year or next...
Comment:
Comment:
It is the year 2023 and bitcoin still craps out