Bitcoin (BTC) Advice

in #bitcoin6 years ago

btcd.pngAs I had predicted in yesterday's analysis (https://goo.gl/pr8QAb), the upper line (LTB) of the Bitcoin triangle was leveraged and prices started to fall, something that is totally normal.

In the last hours, Bitcoin had a small decrease of its value, this is due to the price having touched the upper part of the triangle and it is not yet complete, but it is close to being completed. It is expected that this month the triangle formation will come to an end and prices will explode. We can see that both Bitcoin against the altcoins had noticeable gains in the last week, which is indicating that we are moving towards a new positive trend.

My advice to investors is this: those who are accustomed to trade this may be a good time to make a profit in the short term, both in the BTC and in the altcoins. For investors who are unfamiliar with trade, my advice is to hold their positions and wait for the price explosion, something that may occur later this month.

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.029
BTC 57305.83
ETH 3076.79
USDT 1.00
SBD 2.40