Post
Topic
Board Trading Discussion
Re: Bitcoin please stop going sideways now
by
Upgrade00
on 26/11/2020, 21:28:19 UTC
However, bitcoin dumped hard today.
What's your thought on the bears still having considerable leverage in market prices?
Bitcoin has risen over 100% in the past few months as it moved from the $9k range to over $19k. I would not be much spooked by a drop of less than 15%< such volatility is expected when Bitcoin is on the move and does not indicate a shift from bullish to bearish sentiment. As a trader you would attempt you to use technical analysis to interpret price movements, an investor would not be too ruffled about such a situation.

The video included is a loop of a shirt clip and doesn't offer anything to the post. I'm of the opinion that external links should only be used when absolutely necessary.