BitcoinUpdated GET READY: TO LOSE YOUR MONEY!
Oh yes - gamblers aplenty are punching the air. I have little doubt now that BTC will hit 20,000 (or more) soon. Even 21,000 is possible. This does not mean that it will get there. Price could make a significant correction right now before moving north again.
Almost every time the RSI has hit 90, there has been a sudden and significant correction.
To be clear, corrections do not mean that price will head to rock bottom.
I am not bearish on Bitcoin. As some will see from my other posts, I've said that it could reach $30,000 by 2024. I'm out of it, because I do not like the sort of volatility I see.
Almost every time the RSI has hit 90, there has been a sudden and significant correction.
To be clear, corrections do not mean that price will head to rock bottom.
I am not bearish on Bitcoin. As some will see from my other posts, I've said that it could reach $30,000 by 2024. I'm out of it, because I do not like the sort of volatility I see.
Note
Potential killzone approaching (this is not advice). 
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.