thebumtrader

BTCUSD - WARNING! Not for the faint-hearted!

thebumtrader Aktualisiert   
BITSTAMP:BTCUSD   Bitcoin
As I was analyzing the price history of BTCUSD pair, I come across the Weekly chart of 2014-2015 time table.

As you can see in the chart presented, when the MACD crossed, all hell broke loose! FOR A YEAR!
It took a WHOLE YEAR before it recovered and then went parabolic AGAIN in 2017.
Now, we're here HOPING that the uptrend continues!
But truth be told, we are going to suffer the same fate!

If you do not want to lose money, you sell into fiat or hold on tight within AT LEAST A YEAR.
For me, I'm gonna have to switch back to forex.
At least I can sell short there. Or BitMex so that I can sell short the hell of this thing.

Anyway, may the odds be in our favor! *crossesfingers*
Kommentar:
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That's the 2017 soon-to-be crash. Or should I say, beginning of the end.
Daaaaamn! I HOPE I'M WRONG ABOUT THIS!
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Compare this to the monthly chart of BTCUSD pair.

fm.cnbc.com/applicat...77728_goudatulip.JPG
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