“Trade the only true “FREE” market not manipulated by government!”
BTC tags 10K overnight, and then backs off … the “halving” comes next week,
and the significance of this event isn;t what you think it is … for the first time
ever, the “inflation rate” of BTC earned by miners [those that verify transactions
on the block chain] will drop below 2%, meaning into the future BTC inflation will
be below any fiat you care to name … that should mean price goes north in a big
way, cuz as we all know by now, “helicopter money” is being printed daily by
every government on earth.
Granted you had to be up near the European open to catch the following 2 early
trades today, but it isn't the time that’s important, it’s the trading action and
subsequent “setup” that matters, cuz trust me you’ll see it again if you missed
it … directly below, 2 early trades in BTCUSD.
click on chart to enlarge
The key question though, is can you tell me why they generated a buy signal, and
then what triggered the liquidation? … No? … then get the new e-book coming
out in the next 10 days and find out!
Things have calmed down in BTC from yesterday’s $1000+ range, and here in the
afternoon of New York, it’s a battle up at the 10K level … I’m pretty sure there’s a
bunch of pre-programmed selling at 10K, and the games being played by the
whales is definitely in play … nonetheless, some good trades today via the
algorithm.
Blog update on Sunday… until then mi amigos … Onward & Upward!!
Have a great weekend everybody!
-vegas
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