The bitcoin closed the week very strong and is driving the short trade.

in LeoFinance2 years ago (edited)
First of all I want to give a big shout out to all hive friends and especially to the members of this wonderful community like #Project HOPE . I want to share with all of you this post related to some considerations about bitcoin and how it closed the week very strongly and how it is driving short trading.

Crypto world opening to a week that closed with many expectations leaving behind the bad moments of losses with the Bitcoin, which recovers and takes a firm step towards the imminent recovery of the entire market.

Undoubtedly this end and that was also too extensive of falls and bounces interspersed with its sideways price action may be over to the satisfaction of all investors and cryptocurrency holders and pass this temporality for history and not be repeated again.

The new price of 22,300k at the time of this publication reaching is one of the highest obtained since mid-August, gaining more than 3.8% in the last 24 hours, which fills with a lot of joy and good news for all those who thought that even winter was present and reassures a lot to the weak hands that were with a lot of negative expectations.

Undoubtedly, as the market is very volatile and the news makes it possible to make some movement in buying and selling, it is expected that when the US inflation data is known, it can have an influence on the current trend.

To conclude the best and most advisable is to be able to make entries and exits according to the strategies that have given us the best response in the profit obtained, since the market is for it, and hopefully this onslaught of bitcoin is to have a radical and definitive change of uptrend.

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thank you very much for your information, it is very gratifying for me.

You're welcome @dimarmaca! Have a nice day 😊👍