Bitcoin is most popular topic on ET = Bitcoin has peaked

Discussion in 'Crypto Assets' started by FXforex, Nov 25, 2013.

  1. FXforex

    FXforex

    I have come to the conclusion that Bitcoin has peaked at $800 and will now crash down to about $80.00. The reason you ask? Bitcoin is the most popular topic on ET.



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    Bitcoin 1 Year Chart
     
  2. m22au

    m22au

    You might be right - but it could go to $1,000 and beyond before falling below $100.

    If you were to short Bitcoin at $800:

    * what percentage of your account would you use for the trade?
    * would you use a stop loss, and if so, at what price would you cover?