Bitcoin – A Technical Outlook and Comments On The Safe Haven Argument
Ryan Wilday joins me today for a look into the Bitcoin and overall cryptocurrency markets. We start with a comment on the technical set up where Ryan shares his positioning and stops. Next is a general discussion about the safe haven appeal of Bitcoin.
Click here to visit the Elliot Wave Trader site and follow along with Ryan’s technicals.
So the message is it’s going to hit 18,000 pull back to 9,500, then break out above 19,000-20,000 and then shoot up to ‘six figures’ ‘just a matter of time’. Good knowledge, I better sell my gold then, wouldn’t want to miss out on such a dead cert.
Maybe you should. Or better yet, have both.
I almost sold my Wallbridge shares when it was in the teens to buy some BTC. NOT!!!! Wallbridge is .53 currently.
https://tos.mx/k79Wxbg
I closed my gdx short at 26.83 now since went in at 29.91…price is mid channel and the largish doji is smack in between TAS support and resistance…Maybe I get a retest of the upper channel line…GLTTraders
https://youtu.be/EKkrWs-XXmY?t=14
Ira’s metals