Bitcoin failed to break through $10k, how far down will it continue?
Looking for a reliable Bitcoin trading platform? Try my link at binance for half off trading fees (only 0.05%)
Here's my link: https://www.binance.com/?ref=13626955
One of the reasons I only use binance to trade is that it has high security and offers a wide selection of cryptocurrency pairs. I've been using for so long, I can't help but recommend it to others.
Bitcoin Rejects $10k!
Bitcoin has taken a negative bounce down from $10k. We already see Bitcoin starting to take a small bounce off of the $8,400 support level that I drew on the chart below.
Be careful in this market. The downside in crypto can take hold quickly.
In my video this week I discuss where I think Bitcoin is going and how you can potentially profit by watching Bitcoin, and buying into alts to take advantage of a delayed and extreme reaction to Bitcoin's price movement.
Where do you all think Bitcoin is heading? How do you plan to profit from it's price action? Let me know in the comments below.
Thanks for reading guys. You are the reason I share my ideas. I greatly appreciate the support.
Disclaimer: I am not a financial advisor. The articles that I write are for educational purposes only. Do your own research and hold yourself accountable for the investments that you choose to make.
Check out some of my most recent articles, your support is much appreciated:
Silver down big time, a great buying opportunity
Silver takes off
Dow Jones looking bearish
Why buying a home is a terrible investment
Bitcoin: Bear Market Woes
Bitcoin on the move
Are we approaching a 1929-like stock market crash?
The Most Effective Way to Invest in the Stock Market
Intelligent Investing: Becoming a Shrewd Investor
How Do Gold and Silver Fair During Asset Deflation and Economic Recessions?
Wyckoff Logic: Finding Entry into a Market
Are you an aspiring stock trader? Do you hate paying brokerage fees and commissions? Sign up for Robinhood using my link and get a free stock:
Robinhood is the first zero fee stock market broker that offers free option trading, crypto trading, and much more.