Bitcoin 2017: Zones and Ideias for Position Trading
After 2015-late 2016 mega bull cicle, I'm expecting about 10 months of consolidation (previous accumulation time cycle in 2015) in the $1020-660 range, as too many people need to take profits before we can rise more.
My strategy will to buy/sell the first tests of those zones, using safe leverages to slowly build positions. Overall, it might be a pretty boring year for BTC, after all the early volatility is over.
In the red zones, look for buying opportunities in altcoins, especially Ethereum and (maybe) ZCash, the hyped-altcoin-that-hasn't-been-pumped-yet.
My strategy will to buy/sell the first tests of those zones, using safe leverages to slowly build positions. Overall, it might be a pretty boring year for BTC, after all the early volatility is over.
In the red zones, look for buying opportunities in altcoins, especially Ethereum and (maybe) ZCash, the hyped-altcoin-that-hasn't-been-pumped-yet.
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