After the recent drop under 11.80$ i decided to close this long term trade initiated 4 months ago and take a break. This is the third consecutive day with negative net volume (outflow of money from the market) and this starts to worry me a bit after a big spike to 15.84$, i think we’ve just seen a buying climax bar that marked a potential top, after all the market surpassed yesterday my long term resistance at 14$.
I bought at 5.06$ 4 months ago, profit for this trade is ~661$, total gross profit so far 3261$, 8 trades profitable out of 12 total trades.
i will be very long with bitcoin, anyway long
Hi Enky, you did a good job there 3261 $ will get you a nice holyday on Haiti or Hawai. Thanks for the forcast would be nice if you could get back at one stage and give us again some input. I personally think BTC is here to stay the computation speed growth is still positiv.
All the best Bitcometrader