Two reasons why bitcoin declines?

in #investment6 years ago (edited)

Hi everyone.

I want to talk about bitcoin in a long time. I've been around for six to seven months.
There was little price fluctuation. When it comes to ordinary stocks,
A rise or fall occurs unconditionally.
However, prices are still high at current prices.
If there is a mountain, there is a valley. It is flowing into the valley now.
For example, Fibonacci is now under 66%.
From the low point.
Down to some point. It'll get support points. Then it will make a technical rebound!!
This is an old post. Take a look.

https://steemit.com/bitcoin/@kugagood7/bitcoin-btc-1st-on-august-swing-and-mid-term-trading-possibility-study

I think that I can easily trade when I hold a point and approach on trading.
Buying large quantities at once is risky. High risk - high profit.
I tend to be a stable and defensive trading method.


** Chart and post notices

Trading and Analysis Center : Bithumb Trading Center of Republic of Korea.
Charts are similar for each country but prices are different. Note the advantage.


** Disclaimer: This post is a personal idea, not an investment idea. The transaction is a small transaction, so please enjoy it. It is your responsibility to invest, and you should be aware of subjective judgments and technical analysis to make investments.