Reply To: Is Bitcoin Lining Up for a Major Buy?

The Lazy Trader Forums Lazy Trader Online Trader Community Forex Set-ups Is Bitcoin Lining Up for a Major Buy? Reply To: Is Bitcoin Lining Up for a Major Buy?

#6793
Rob
Participant

Bitcoin seems very technical as do some of the other cryptos – a perfect mirror of the emotions that the crypto investors are likely feeling. If you do plan on trading cryptos then the more liquid they are, the better (ie: Bitcoin being the most out of the “big dogs”).

The current set-up (which we are still waiting to come to fruition) will occur at 8300 – 8500. It’s like we will see the buy signal (if we get it) on the daily timeframe not the weekly as the weekly chart for Bitcoin looks….horrible (compared to the daily!).

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