WHAT HAVE FOUND ABOUT BITCOIN MIGHT SHOCK YOU

By Profittrader | MARKET SIDE | 19 Nov 2024


Alright guys! This will be a very quick analysis and also  informative. So now, we can see that bitcoin went all the way up to  $93,355, and then went back down  to $86,666.573ce82a43261ed07164d25881c1dfe348f5d2ea98ed8f783a5e0b2498331b4a.png

Was a nice moves wasn't it ? will be great to hear  lots of you bought a Lambo right ? hahaha!! ok now, if you are still holding  great, maybe you are big fan of Bitcoin, and if you are not holding, sorry to break it; you might soon be missing out. Looking at the chart, people are beginning to think bitcoin will collapse, and so leading them to post lots of crazing content online, fueling panic selling from the weak holders. The think is, to be on a safe side, sell, 65% of your holdings, and let the rest be. This strategy is to help you reduce bad emotions and some kind of feelings towards money. So to help you withstand the current market situation, sell 65% if it falls you are not at a lost, its still your holding and you have the opportunity to manage your portfolio well with the 65% that was converted to a stable asset, offering you opportunity to buy at a discount at key price levels  down  market prices. 

POTENTIAL MOVES ANALYSIS: Ok lets explore a1 day time frame to validate these claims: c7a294d1c716421c1e3835cad4f7d98bb3c734d92e6066eb54202c664bebd315.png

 

Ok guys so, I can't advise any body to buy at this level man! Because anything can happen. Note, our main focus in this market is to protect our capital, while trying to make decent profits. So buying at this current price, isn't an advice from me. Should you wish to buy at this current level, well do that at your own risk and risk intelligently. It's all for now guys. Stay safe!

 

 

How do you rate this article?

10


Profittrader
Profittrader

A writer, a trader and a market Analyst


MARKET SIDE
MARKET SIDE

This blog is all about market analysis and predictions of what might likely happen in the market. My dealings are mainly on cryptocurrencies, Gold and Euro/usd. Please understand that all the analysis on the blog is for educational purposes only, and does not constitute any investment advices. Therefore make your own research before taking actions on analysis found on this blog.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.