Bollinger bands trading strategies youtube dubai
These are the questions that are most likely going through everyones minds right now. I know my mind has been diving down rabbit holes of twisted forks of possibilities that resemble something like a graphic on the science channel of what an alternate universe looks like.
It made sense at the time. Traders were uncertain of what the fork might bring. Would Bitcoin cash become the new digital Gold, leaving BTC worthless, or would we find that Bitcoin would strengthen and continue its upward trend? What happened next was euphoric and left investors stunned. Investors have now been warned of another fork, and yet bollinger bands trading strategies youtube dubai currency to be created out of thin air. Everyone with holdings of altcoins have sold and are now holding bitcoin.
The supply is struggling to reach the demandand of course — the price reflects this. Alt coins are struggling and Bitcoin is booming. Poof, Billions of dollars worth of cryptocurrency is seemingly just zapped into the market. Based on previous events. What is the likelihood of the bullish trend continuing? This fork will be the exact opposite of the last fork, and market shorters are going to be loading up. As the fork initiates, BTC will start to see a bearish turn as investors take their profits and invest in the now cheap alt-coins.
Lazy long investors are going to lose their profits, shorters are going to profit, traders will take advantage of the volatile daily markets, and life will continue to go on. As of writing this, Bitcoin BTC has reached yet another all time high. Where is all this bollinger bands trading strategies youtube dubai money coming from? Where will it go if Bitcoin tanks?
What will happen with this incoming Bitcoin fork? There are only 2 mindsets we can choose from here bullish and bearishand the only way to decide, is to look at bollinger bands trading strategies youtube dubai facts surrounding the market. Lets rewind a couple of months. If we look at what happened around that time, we can begin to understand why Bitcoin is incredibly bullish right now, and we may also understand what may happen after this hard fork.
What do I think? Which side of the market will you be on? Check out my Youtube channel.
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