I no longer have a position in BTCUSD, and I've explained why I sold everything.
But this is hard to see, was sharing this chart with a few close friends who were asking when to buy. I said it's not the time.
Is is time? BTCUSD still looks week. Once you reach the cross of death, there's a 50/50 chance of it happening. If it does, you can see 50% drops, if it doesn't you can see 60-70% increase from that point.
But as more central banks around the world are looking to introduce "CBDC" - Central Bank Digital Currency, there is a question as to whether the governments will allow cryptos to flourish that are not controlled by them.
My bias is for short, for the short term.
But this is hard to see, was sharing this chart with a few close friends who were asking when to buy. I said it's not the time.
Is is time? BTCUSD still looks week. Once you reach the cross of death, there's a 50/50 chance of it happening. If it does, you can see 50% drops, if it doesn't you can see 60-70% increase from that point.
But as more central banks around the world are looking to introduce "CBDC" - Central Bank Digital Currency, there is a question as to whether the governments will allow cryptos to flourish that are not controlled by them.
My bias is for short, for the short term.
Be Bold.
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