It's a toss up right now. I think it will depend largely on the equities market. If they go up, so will BTC. Otherwise, you could see a pullback. If it was me, I would just wait until there's a decent pullback before going long. Ya know, we've already had such a huge rally.
This where my belief in funnymentals got me on the bullish side which doesn't really take much to get me there You're seeing the January effect of money coming into the markets, equities and cryptos The precious metals are smelling a Fed pivot or even if not a pivot, turning on money-printer to add liquidity, all this concern of weak bond market, Yellen concerns of a failed Treasury auction, we could be turning Japanese Speaking of Japan, they're just going rogue on their consumption of JGB's, some may think all this fiat printing needs some kind of hedge in hard money, i.e. gold, silver, bitcoin so tl;dr, we got a tailwind on the equities market not crashing this week, Powell and his fed cohorts had their chances last week to crash the market but they didn't
I wish I understood Greek, but... Possible ELI5 as I'm a noob chartist? I have an order for intraday $21,055 today, the swing-trade position has done nothing
Dude, I do not short btc, lol Long, add 5 btc to the position, but will be closed by tonight Swing-trade position is long 5 btc position, multi-day hold, until we hit maybe $50k/btc
Which crypto exchange do you recommend? I'm in the US. Coinbase Binance.US CEX.io Gemini Kraken Bitstamp
The one that I know most people use is ByBit (with VPN) I use defi dex called ApolloX, there are others like GMX, DyDx You need crypto in a wallet. I can expand more later if you have questions, there's also tons of YouTube for using DEX Going out for a bit right now, have an order for $21,110