I am bought in bitcoin
back into the 61.8 fibonacci level. Seeing a huge sell off in Bitcoin
and the manipulation going on with Bitcoin cash
will put the market in uncertainty. This will probably cause Bitcoin
to be delayed in its progress to higher price. I still believe Bitcoin
is not affected by Bitcoin Cash
that much as many are making it seems. It is holding its price quite well and only seem to be in a corrective phase. Like I keep mentioning, I am expecting Bitcoin
to go to 5k min and 3k maximum. From there, we will not visit 4 digits for quite some time. What are your thoughts?
Trade with care.