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RE: Bitcoin shows extreme strength, lets look at big picture
Hey coinhead, thanks for the reply. I was also wondering if I was doing this right. On BTC right now on GDAX there was a break in support/the base along with a few little bounces along the slope. Are we supposed to wait for a big rally back to 4100 (old base) or take these smaller bounces as selling points? Thanks! :)
That depends on how involved you want to be. How much time do you have to be sitting at your computer. If you know its going up to 4100 and you try trading little bounces it can easily get away from you and run up with out you. Especially if you get lost in the little bounces like luck did on his last video. Looks like it came within $50 of your $4,100 I wonder if that base is satisfied. It was a pretty week base I think.