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Members,
Good afternoon!
In our previous update we told our subscribers that Bitcoin | BTC/USDT was overbought and seriously overdue for a big pullback.
We were 100% correct on our call to sideline our money to fiat/USDT.
...and if you followed our timely advice, then you had an opportunity to buy cheap Bitcoin or super cheap Altcoins today.
We personally added some BCN, ADA, QTUM, BCC and EOS on Binance Exchange near today's lows.
It is our expectation that Bitcoin will continue its bounce off today's lows to about $8,800-9,000 and this is where we plan to take our Altcoin profits.
Thereafter, we anticipate that Bitcoin will drop with force to the $7,900-8,000 range.
Charts speak louder than words, so please check out our BTC/USDT chart below to see the probably course for Bitcoin:
(*Click the chart above to make it bigger)
Also, if you were wondering why do we trade Altcoins rather than Bitcoin? The answer is simple.
Altcoins are more volatile and provide a larger profit margin than Bitcoin.
Remember - the overall direction of Bitcoin and other cryptocurrencies are extremely hard to predict, therefore we like to offer our subscribers both Bullish and Bearish perspectives.
With regard to that, we highly recommend that you use Stop-loss Orders to protect gains, as well as limit possible losses, when trading these highly volatile digital assets.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.