Hello Friends, Interested and Traders,
normally I do no Long time technical analysis. But now it is (in my opinion) absolutely necessary. Why? I think a look into the Long time 1-Day Chart says all. We get nearer and nearer to the Point where BTC will have to decide what the future will bring. Will the coin be established as a relevant financial System, or will it slowly die?
The answer, as you can see in the Chart, will lately come around the last days in March or just in the beginning of April.
All of you who have Bitcoins in their wallets, watch carefully.
All the day Traders: difficult at this Moment, because the trading range decreases
To all Long term Traders: Watch out for the breakout, to the up or downward.
We will see what happens.
I started to draw the lines ( not to be seen completly in my Chart) starting at the top (around 20 K in Dez. 2017), and the low in 2015. So it is clear, which important decision the following days will bring.
Okay, thanks for your interest. As always, not trading advice, just educational. Trade safe and on your own risk.
If you like and follow me,........ makes me happy.
I will update this frequently,
yours Sascha
normally I do no Long time technical analysis. But now it is (in my opinion) absolutely necessary. Why? I think a look into the Long time 1-Day Chart says all. We get nearer and nearer to the Point where BTC will have to decide what the future will bring. Will the coin be established as a relevant financial System, or will it slowly die?
The answer, as you can see in the Chart, will lately come around the last days in March or just in the beginning of April.
All of you who have Bitcoins in their wallets, watch carefully.
All the day Traders: difficult at this Moment, because the trading range decreases
To all Long term Traders: Watch out for the breakout, to the up or downward.
We will see what happens.
I started to draw the lines ( not to be seen completly in my Chart) starting at the top (around 20 K in Dez. 2017), and the low in 2015. So it is clear, which important decision the following days will bring.
Okay, thanks for your interest. As always, not trading advice, just educational. Trade safe and on your own risk.
If you like and follow me,........ makes me happy.
I will update this frequently,
yours Sascha