Bitcoin / USD

Bitcoin is in a flat, which means either a set of positions and subsequent growth, or sales on the news with a subsequent dump. As a rule, the market maker at the end of the triangle simply walks against the crowd and collects liquidation, perfectly seeing the whole picture on orders. A stream of news awaits us further, they will lead the crowd in the wrong direction. In the medium term, even the best analysts now express completely different opinions. Therefore, we decided to draw a clear picture for you when the price goes below the middle of the channel. As a rule, the price is obliged to walk in it and even touch $ 6,000, but this market is very speculative. Now on all exchanges margin trading appears with large leverage (x20-x100). If you turn on the logic, then in the long term it looks more to a big dump than to growth (many will want, having $ 250 with a leverage of 20x, to buy a cue ball for $ 10,000, listening to advertisements about digital gold). Bitfinex and Binance have done contract trading just now, before this bunch of news, and all these transfers of the SEC ETF solution are probably not by accident. Still there is a “Black Swan” with the Bitmex exchange.

PS: Good volatility is always good, we’ll just look for entry points and catch small movements. The main thing now is not to forget to put a stop loss. You can’t believe in only one scenario, always take into account the fact that we can show a wave of both $ 6,000 and $ 18,000 (just in the first scenario, money can begin to pour into top altcoins, and in the second into bitcoin).

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Which coin will become the world currency of the Phoenix? This is the entire cryptocurrency market. We can conclude that Phoenix = Blockchain.

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Age of Phoenix

Age of Phoenix

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Which coin will become the world currency of the Phoenix? This is the entire cryptocurrency market. We can conclude that Phoenix = Blockchain.