Crypto moving 20%

in #bitcoin5 years ago

Up or Down, it is no more likely one way or the other- the point is that crypto is pushing for higher, and could be sold off, either position and point of view has its merits. Those who claim to know, and promote their ignorance by claiming it will go one way or the other, are the usual morons who talk the loudest in this community.

My own viewpoint is towards the bullish long term, and I would like to see a test of the 6k resistance within the coming days. However, it is just as likely that short sellers will gain the upper hand, and we will see a test of the support around $4560 within the next few days.

It is hilarious to watch the youtube posts that are loudly promoting one way or the other, as if these pundits have any idea in reality. The worst is the technical traders, as they show a couple charts as if they are evidence. Really do not be lead around like a cow with a nose ring, look to set your own trade and be confident that in the long term the market is going to rise to new highs.

Thanks for all those who have helped me realize that technical analysis is usually always wrong. Buy low, buy the dips and hodl, you can't wrong with dollar price averaging at low buy in prices.

Within a few months we should be testing new all time highs.

What is the current crypto you think is a good buy, and a good price to buy? For me the only really good buy is BTC.

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