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RE: Bitcoin (BTC) Morning Update: Wedge Pattern Fractal at Work

in #bitcoin7 years ago (edited)

A good time to buy would have been in the 12-18$ range when it dipped hella. but most people were selling around this level. If I compare it to the chart from November when the original rebranding date was to be (nov 22nd). On the 16th, LSK hit it's peak of 12 dollars. 6 days prior to the rebranding date. What should we expect from this? If LSK gets 1 more leg up, BTC wise it might hit .004. I am still looking for that extra leg up, but dollar wise LSK follows BTC as every other crypto. BTC is still in uncertainy, which makes investing in lisk at this moment very risky. If you had gotten in early, you are lucky. A common rule of thumb is buy the rumor and sell the news. Selling before the rebranding date is something to consider. It's more likely to go down. However, If they announce some good news and things to look forward to in the short term, it could surge the price up more.

JRcrypto


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interesting buddy! well can we say that to sell his assets before wating for clear signals from BTC might not be the best he can do. after all BTC might make another good rally, if its not choosing the way down to the bottom.