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RE: Bitcoin Technical Analysis: Could be about to break up, or break down soon?

in #bitcoin8 years ago


What I think is that the price would drop in this month , July, due to the hard and soft forks and SegWit that could occur in August. I would personally replace my bitcoins with other coins like litecoin, lumen, eth, and few more to protect my bitcoins. Also, these other cryptocurrencies are falling and it is best time to buy them to make handsome profit in 3-month time.
If you could do similar analysis for Ethereum, it would be great. Thanks for the valuable post :)Excellent analysis @xaero1

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My personal trading strategy will be to wait for what looks like a clear 'bottom' on all the various charts before buying back in - rather than just buying at arbitrary points while things are still falling.

This is all except for STEEM where i abandoned most of my trading knowledge, because I simply wanted more steem power!

Also, yep hope to do a post on ethereum.