ARESABI

[CRYPTO] Bitcoin Crushing the All Time High?

Long
BITSTAMP:BTCUSD   Bitcoin / Dollar
There is not much to say besides that the cryptomarket looks fantastic at the moment. The price of Bitcoin ( BTCUSD ) is moving slightly below the All Time High at ~$42.000, which we actually achieved a few weeks ago.
While most of the market was scared that we might see a price-correction similar to January 2018, we saw wannabe-robinhood Elon Musk and a few other famous people putting the Bitcoin Hashtag (#bitcoin) in their Bio, which lead to a pretty strong breakout
which was enough to drag the rest of the retail investors in. Institutional money is across the board for a few months now.
Although i do think that most of the institutional money joined way before they announced it and spilled fuel in the fire by doing so.

Anyway, make sure to have some Bitcoin in your portfolio. Even if it's just a fraction of it. You'll be thankful at some point.
Kommentar: Entered this long trade back with this idea

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