Bitcoin Will Go A Bit Lower And What About Altcoins?

in #trading6 years ago

Bitcoin is awesome and it has made fortune for some people. I think it will be in ludicrous mode once we have crossed the 200-day moving average. It has been falling for some time and it is hanging at a very hot zone where anything could happen. I am sharing my viewpoint only based on the experience that I have grasped in time. It tends to do the opposite that a normal person would want it to do...


High-Resolution Chart - https://ibb.co/pwmRXby

Overview - Daily Chart


High-Resolution Chart - https://ibb.co/4ZpWwdn

A Closer Look - Daily Chart


High-Resolution Chart - https://ibb.co/5nHTQ4x

4-hour Chart


It may be forming a triangle and consolidating at the current level and there is a very huge possibility that it would hit the $7200 mark and it would be totally healthy. You don't have to worry, in fact this is good as it would provide us with some life-changing opportunity and we would be able to accumulate at these levels. 

Altcoin markets would ultimately follow bitcoin and going a bit lower.


High-Resolution Chart - https://ibb.co/StJtfbP


High-Resolution Chart - https://ibb.co/74bD9QR


Invest in crypto because this is a lifetime opportunity and you may not get a chance to make huge profits in future. Have some courage to bear temporary loss and tremendous financial benefits.


Don't forget to follow me @funnyman

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