Like the previous analysis on BTCUSD, I successfully caught the top by comparing Bitcoin with Gold. 
Although they share some similarities but I do NOT think Bitcoin will go sideways from here.
BTC continues to act as the 'base currency' of the whole crypto market. Some exchanges already adding ETH pairs, that's why I am bullish on ETH too, maybe even more bullish than BTC.
Technically BTC could fall to as low as $8000 like many people suggested, but think about this, let's say it does go down to that low, you'll TEMPORARILY lose 20%, and what if it doesn't and shot up instead? You'd have to be FOMOing back into BTC or miss out this 75% gain opportunity.
Again, as always.***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
Although they share some similarities but I do NOT think Bitcoin will go sideways from here.
BTC continues to act as the 'base currency' of the whole crypto market. Some exchanges already adding ETH pairs, that's why I am bullish on ETH too, maybe even more bullish than BTC.
Technically BTC could fall to as low as $8000 like many people suggested, but think about this, let's say it does go down to that low, you'll TEMPORARILY lose 20%, and what if it doesn't and shot up instead? You'd have to be FOMOing back into BTC or miss out this 75% gain opportunity.
Again, as always.***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
Trade active
I'm all in.
Trade active
So far so good, it's back on track.Trade active
Haven't had drawdowns in a few months, but I believe it's just sentiment extreme caused overshoot, it will come back to ATH, I'm still in this trade.Note
YouTube goo.gl/BkRuQL
Twitter twitter.com/vilasignal
Twitter twitter.com/vilasignal
Related publications
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
YouTube goo.gl/BkRuQL
Twitter twitter.com/vilasignal
Twitter twitter.com/vilasignal
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.