My post was not well received by perma-bulls in the Bitcoin community. As many of my followers know I am also a Bitcoin bull but I also understand that a bull market needs support. We can not go up without first building a strong foundation. The Bitcoin trend line to the moon is still there. I am not one bit worried about this pullback. In fact I hope we see sub $5000 Bitcoin once again.
Yes, I think we need to go lower before we can safely go higher. So I decided to move into ICO's and into altcoins. If Bitcoin trends lower altcoins will also take a hit but if it trends sideways or slowly goes down altcoins will be the place to be.
If you want to read my post from yesterday click here, "Bitcoin Mania Has Arrived! I Will Be in My Bunker."
Thank you to all of my readers and those of you who are subscribing to my Youtube channel. I am really going to turn up the volume and share insight into the world of Bitcoin, ICO's and Crypto Currency as a whole.
My content is not financial advice. It is my personal moves in the Crypto Currency space. Always Do Your Own Research.
