Cryptocurrency Investments Part VI. Investing in Bitcoin Part I.

in #bitcoin • 4 years ago (edited)

Cryptocurrency Investments Part VI. Investing in Bitcoin Part I.
If you now look at the volume of trading on bitcoin, then the volume has increased, but the price is not rising, therefore, those who bought at $ 5,000 are now selling.

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The golden intersection most likely will not work since we have been sideways for a long time. Since they work when a trend changes.
At this time, there are many optimists that the price of bitcoin will go up (The golden intersection, halving), most likely the price of bitcoin will first go down to the $ 5000 area.

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As a result, exchange money passes from one hand to another, and it is necessary to ensure that the most persistent investors begin to sell bitcoin, and someone else buy it cheap. to subsequently sell a lot more expensive.
After Bitcoin tests $ 5,000, or maybe a little lower, the long-awaited BTC price increase will most likely begin.

You can see the full range of investments in cryptocurrency here.

#investments #goldenintersection #halving #btcprice
4 years ago in #bitcoin by
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