Good evening all. Looking back at Bitcoin again today, as obviously we had a very big impulsive candle to the downside. Media outlets calling it a 'crash' and half of the internet. But lets take a broader perspective, we want to know what's going on mid to long term to make good profits. Obviously the second stacked position would of got stopped out at entry if you made it risk free. If you didn't it would be slightly in profit. But this is also a good indication as to why we take profits and also secure profits along the way by moving stop loss up just incase we do get a crash.
Is that just the second major higher low in the bull run? price seems to of hit demand and respected it. Certainly looks to of found support. Only time will tell, still in good profits so keep holding for now. GLIYF
Is that just the second major higher low in the bull run? price seems to of hit demand and respected it. Certainly looks to of found support. Only time will tell, still in good profits so keep holding for now. GLIYF