2021-02-16 15:21:16
BTC/USD FREE UPDATE -
Yello Ladies and Gentlemen
Bitcoin keeps flirting with our psychological resistance at $50k level, which we explained in the previous
FREE update on 12 February. Remember that as more times we test the resistance, it became weaker and weaker and buying pressure
stronger and
stronger.
Our
acting support remains active after seeing a great response slightly above $45k earlier.
For the time being when
BTC is looking like this and about to break-out, there should be some caution around altcoins. If bitcoin were to break the resistance, the BTC dominance levels would likely spike as well, which would be bearish for alts. While Bitcoins price is seemingly on-trend, not much alts will outperform it. Remember that you do not need to be in a position all the time just because you want to catch every pump. That is not beneficial for you. From our experience, it can turn against you very quickly. Try to manage your exposure properly; don't let your emotions lead your
bald actions!
Let us remind you what time of history we are in. This is the largest wealth transfer in the world's history right now, and people think it's a virus, but that is the distraction. We are heading into a more digital world. Crypto is not going anywhere anytime soon, and most countries around the world will soon be transacting all digital. We are in a significant transformation, headed up by the Federal Reserve Banking System, the evilest people on the face of this Earth.
If you are a long term investor like
ParadiseTeam, what we do is dollar-cost average our way fully into
Bitcoin, step by step ladies and gents, the future will be fiat-less
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