This is a very short but quite informative for long-term investors study. I'm using the MA Multiplier on the BLX to grasp Bitcoin's 1W action since the early stages. As you see on every single Cycle, every time the Multiple 1 was hit, the market top/ All Time Highs ( ATH ) didn't take to long to be achieved. It is interesting to point out that the Multiple 1 was...
The latest Bitcoin impulse reminds me of the previous one from 8k to 40k. Step 1: BTC broke two key rejection zones in a row, the 20k and 30k to finally find resistance around the 40k. Step 2: then we had a deep retest/correction till around 30k before the next impulse movement started. NOW, WHAT? Will History Repeat Itself? Step 1 done: BTC broke two key...
As Bitcoin pushes into the mid 50k area, I get question after question on what to invest into, should I buy Bitcoin now, what coin or stock is going to be the next 10 bagger, is Doge coin a good investment, all from those trying to get rich quick. Let me be painfully honest, most are going to die broke trying! We are now rolling into tax refund time, another...
Investors buying bitcoin now stands chance and make more profits.