You are viewing a single comment's thread from:
RE: BITCOIN PAUSES AT DAILY TREND LINE RESISTANCE. NEEDS TO BREAK OUT TO RESUME HIGHER TIME FRAME BULLISH TREND
This is yet another positive review of the book by Varoufakis. Looks like I should just buy it and invest the time to read. After all, unlike most of the other academicians and intellects in ivory towers and air conditioned offices, Varoufakis has real world experience. He had gone through the crunch during his very tough time handling Greece’s financial problems. The guy has a lot of credibility. At the very least, we should hear what he has to say.
As for Bitcoin, I’m speculating this: the market might become like mid-September to early November if/when BTC breaks past the resistance. That is, most other coins will see a fall when traders sell them to have more Bitcoin in their portfolio.
I’d definitely recommend getting a copy of the book. It’s not a big read and the language used is light so it’s actually quite fun.
Varoufakis seems to divide opinion. I believe he tried to do what was best for the Greek people by standing up to the EU. It might not have totally worked, but he keeps his credibility for trying to fight for what he believed was best for his people. I’m with him in believing the EU is wrong.
Always have a portion of portion of Bitcoin in your overall portfolio for this reason. Bitcoin is a beast of its own and it’s time in the sun will come again. Bitcoin is still king!