Updated

Bitcoin Market Outlook

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

Note

If you are interested in the bitcoin, gold, and equity market outlook, please checkout steemit post steemit.com/cryptocurrency/@genxinvesting/near-term-outlook-for-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 :)

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