At the Q4 of 2018, the Bitcoin and crypto market experienced negative sentiment (near anger and capitulation level). Based on the technical analysis, the market is consolidating between $3,200 and $4,200. The current trend is expected to continue into Q1 of 2019. The GenXInvesting strategy is to accumulate BTC holding around $3200 area.
Happy Trading!
GWK
Happy Trading!
GWK
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If you are interested in the bitcoin, gold, and equity market outlook, please checkout steemit post steemit.com/cryptocu...usdgld-usdbtc-usdspx for details. Please leave comment for future analysis and content request.
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We are still looking strong on the upside to $4200 before the pull back
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We are getting close to the 200 days moving average around $3,300. Important level for the price action.
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Good time to start accumulating but keep some liquidity for in case of bottom breakout
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If you started accumulation yesterday, you will be pretty happy with 8% gain :)