Post
Topic
Board Speculation
Re: Above $20,500, BTC will give $4k+ move. Here is why
by
davis196
on 03/12/2020, 07:13:54 UTC
Above $20,500 till where there can be some resistance, if BTC crosses this mark, there is going to be short squeezing.

Anyone who wants to sell will sell around $19500 only because that is the level. Above $21,500 - $21,000, a lot of futures trader will face short squeezing, new retail investors will enter. Easy $3,000 - $5,000 move. I guarantee.

Good ways to trade:

  • Sell around $19700. Rebuy around $21,000 and take a $4000 profit atleast.
    Another good way is to move to alts which still have 2x upside left.

Bring on your thoughts. Let's discuss, debate and predict together

That's a great advise on how to lose money. Grin
I'm not very good at math,but how exactly can we sell at 19.7K,then buy at 21K and make a 4K profit?
The best move is to just HODL...
Why do you think that the altcoins will go 2x?If the altcoins are going 2x,while Bitcoin price is increasing with 10% only ,wouldn't all the investors just leave BTC and jump on the altcoins?
How the hell can you "guarantee" that the price will go up by 3K-5K USD?Do you have some secret insider information?Are you the god of crypto trading or something? Grin