BITCOIN BTC - Alternative View - Will we break or drop?
Chart is self explanatory BTC/USD
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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Comment:
It is looking much better. We are riding over resistance line. I attrubute this mostly to the current politics in the world. First abrupt price rise I attribute completely on value of dollar drop. Finally the formation of support I attribute to recent news in politics in relation to Middle East. These news cause people to move their money from banks into cryptocurrency because in the worst case scenario, banks won't be there to provide you with money, where as your wallet will still have value.
