A Word of Advice To The Hodlers! BITCOIN! (BTC) Hi friends! Welcome to this update analysis on Bitcoin! Today, I want to drop some advice for all of my hodlers out there. I see a lot of comments about how people are holding on to their positions, and that they expect this market to bottom relatively soon. That is a very dangerous assumption, because nobody knows when or where this market will bottom. In the mean time, you could be capitalizing on the market's decline, as opposed to watching your portfolio deteriorate over time. Personally, I don't think we are anywhere near the bottom (based on my analyses) but many people do have that opinion. So, I think it's important to shed some light on the primary formation that they should be focused on, to really understand the confines of this extremely bearish market. The formation that I'm referring to, is the downtrend channel (in black.) BTC -2.48% has been in this channel since the all time high, and it has been responsible for the absolute annihilation of the price of Bitcoin -2.48% . To highlight how critical it is, for BTC -2.48% to eventually find it's way out of this downtrend channel , I'll present you with a fact: If Bitcoin -2.48% doesn't get above this downtrend channel , it will be worthless by June 26th. That's a very real fact, that should make you very weary of buying anywhere inside of this downtrend, with the intentions of holding for ... full article on Facebook /markspringerofficial2016 #markbcoiner #ethereum #Bitcoin #btc #bitcoinprice #bitcoinnews #newbeginings #cryptocurrency #trading #money #future #technology #tech #now #traders #digitalcoin #dash #monero #currency #blockchain #forex #happy #gold #fun #crypto #business #market #bitcoin #xrp
Ein Beitrag geteilt von Mark Springer (@markbcoinerspringer) am
