BITCOIN - GOOD BUY RIGHT NOW $$ MMA EPISODE1
What's up Steem'rz?
Bitcoin is a good buy right now and this is why I think so:
We've retraced 61.8% from the "Halvening" bubble and survived the Bitfinex hack. We are still in an uptrend - shown by the dotted green line and we have "Moonvember" coming up to give us some fuel for another boost up to new highs or maybe double-top.
Looking at the 4hr candles I expect to see consolidation between the thick red and green lines up until about mid October when we start to get pumpy. The other scenario I believe could be a further drop to the next fib retrace line of 78.6% (~$520USD) - if this happens I'm going to buy all your Bitcoin :)
Stay patient and sell for easy gains in November!!
PS - I hope to do more of these and welcome all discussion below :)
Hi @Protrader welcome and I'd encourage an introduceyourself post with an authentication photo of yourself holding a piece of paper with Steemit your name and date etc. You're from New Zealand too yeah?
Hi, thank you :) Yes, that's a good idea - I'll do that sometime soon and yes I'm from New Zealand.
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