I've read many reports that BTC is going to take another fall short term which may drive the rest of the markets down
Ha ha, just goes to show that it depends on which analysis you look at. I'm pretty much daily watching two YouTube channels and they're both traders. They're both saying it's not cut and dry, and one of them is actually bullish. Over thing is certain, the trading range is so tight that it's gonna move biggish within a week max. Up or down, but BTC is moving soon. We've been consolidating for like three months.
I've started trading again so I'm sat on the sidelines looking at break levels. If it closes daily above certain level I go long, if closes daily below another I short. Either way the possibilities to make money are decent. But there is only one way we want it to go to help bring alts back to life and that's up.
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I get my articles from Coinmarketcap app, coindesk and coin telegraph but I have to admit, saying I'm a tad confused by technical analysis is an understatement! I just look at the graphs from over the course of a day, week, month(s) and years to see how the prices right now stack up. Seeing as I originally bought in around ATH, everything looks like it's on sale now 🤣
Decided to start averaging over the last few weeks with BTC and buying up steem when it's floating around 13-14p although now it's around 12.5p, crazy really! Could be an orca by the end of the year if this continues 😂
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