Post
Topic
Board Trading Discussion
Re: any opinions about the recent btc price crash?
by
wxa7115
on 05/05/2021, 16:26:40 UTC
Hey,

What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?

cheers
There are many things going on your favor, you are one of the first newbies that I see that is actually following a strategy and not just trading with their emotions and whatever feels right, and because of this you are seeing that despite the crash that we saw there is nothing to worry about, congratulations, you are on the right path and you will eventually make profits if you can keep it up.

Now about your question, what we saw was just a correction, it was an important one but that is the kind of thing we see in this market from time to time and I am not worried, and even if this eventually means that we see a crash I will see this as an opportunity to buy bitcoin one last time for a cheap price before a new bull run.