King crypto currency over $ 103,000 and subcoins continue double -digit gains. If the BTC may remain strong and the increase in the price of ETH is sustainable, it seems more likely to gain more for crypto currencies. But the crypto is always full of surprises.
Altcoin Investment Strategy
In the past weeks, there have been many investors who sold at a loss because they did not expect recovery in the markets. The excessive bottoms in the subcoins and the weakened volumes in recent days showed this. However, crypto money markets are recovering. Moreover, there may be much more when an agreement with China is signed.
So what’s the best strategy these days? Michael Poppe advised to be brave by saying “suitable for risks” for current conditions in today’s assessment.
“The best strategy in such a trend is to evaluate the 20-40 %corrections in #Altcoins. This is very simple. Just have basic positions and buy decreases. This is the approach.”
We have experienced months when each rise has brought greater decreases and we will probably have reached the summit in the process when investors gained this tendency. Because when it appears to come to the end of the decline and rise in crypto currencies, the reverse turns begin.
Bitcoin (BTC) predictions
We have now returned to six -digit prices from the days when analysts constantly warned. Many analysts made a decrease in making predictions, while a significant portion chose to remain silent in the midst of uncertainty. Investors who trust in their investment projects and patience started to collect their earnings. Anbessa emphasized that investors should take their own decisions again in their assessment today.
Kyle says that the rise is according to the eye.
“Bitcoin
$103,267.87It was not a magical event for the reached $ 104 thousand; Two bad short squeez took place in a row:
At $ 97 thousand, $ BTC broke a large set of liquidation, while 360 million dollars of shorts were burned.
In 101 thousand dollars, the bears tried to short the double hill was 240 million dollars smoke. Heat maps illuminated both points. ”
The analyst is waiting for the continuation of the current trend, and the interview with China on Saturday and the new executive orders that Trump will sign at 23:00 will bring more volatility in the following hours. As Trump starts to recover everything, he can repeat things and remember that he is full of surprises.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
