Bitcoin is most popular topic on ET = Bitcoin has peaked
- Thread starter FXforex
- Start date
Quote from FXforex:
I have come to the conclusion that Bitcoin has peaked at $800 and will now crash down to about $80.00. The reason you ask? Bitcoin is the most popular topic on ET.
Bitcoin 1 Year Chart
You might be right - but it could go to $1,000 and beyond before falling below $100.
If you were to short Bitcoin at $800:
* what percentage of your account would you use for the trade?
* would you use a stop loss, and if so, at what price would you cover?