What can bitcoin's past tell us about the future?
The history of bitcoin gives a lot of information about what might happen in the future. Certain events trigger price movements and by analyzing them we might be better prepared judging events and news in the future. 2017 has been a great year for bitcoin and we've seen bitcoin reach great heights, but at the same time there has been lots of uncertainty.
This shows bitcoin rarely drops down out of thin air. There's usually news or an event triggering the drop or rise. Also when bitcoin is struggling to break resistance, a news event often helps to break resistance and reach new heights.
This shows 'Buy the rumor, sell the news' can definitely be profitable in this emotional market. I hope this reminds you to stay on top of whatever is happening in crypto world. Also remember that results achieved in the past give no guarantees for the future.
This shows bitcoin rarely drops down out of thin air. There's usually news or an event triggering the drop or rise. Also when bitcoin is struggling to break resistance, a news event often helps to break resistance and reach new heights.
This shows 'Buy the rumor, sell the news' can definitely be profitable in this emotional market. I hope this reminds you to stay on top of whatever is happening in crypto world. Also remember that results achieved in the past give no guarantees for the future.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.