Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Andre#
on 09/11/2015, 22:15:20 UTC
The BTC market is unpredictable in the short term, but longer term the obvious patterns form.  If you are a long term bull, then trade on the long term patterns.  Buy/accumulate when the market is bottomed and no one cares, sell near top of rallies.  Then be patient to get back in, because a rally bubble can take a while to unwind. A LONG while.  There may even be several mini bull runs/short squeezes along the way, but ultimately the price ends up bottoming out way lower and all volume/volatility dies.

How about this as a strategy for a lazy trader (like me)? It's the cross-overs of K and J of the KDJ indicator.



Hasn't crossed over quite yet  Wink

It did on Bitfinex. Anyway, if it does happen to bounce off, I'll just have to take the loss. Even if it goes wrong once every two years, it's still pretty good.