Is this a top? Or just a time out?

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John9999

Just looking for opinions on everybody thinks. We have to 16,000 level And hovered there for more than a few days. Is this a little consolidation to then leg up to a higher level?

I’m looking to put some $$ in BTC. Finally.

Hmm. Wait for a correction ? Go now? Does it even matter?

Unfortunately I just did not have the disposable funds till now.

Please keep comments to thoughts on short term move for BTC.

Thanks
 
what’s your goal? What’s your target BTC price? Let’s say your goal is 10x. BTCs target price would be $160k. Doable? Maybe? I personally want 10x too so instead of BTC I took a similar alt coin that has a lower price and purchased 19 LTC last week at $145. LTC is based on bitcoin but faster and cheaper for transactions. Like a chequing account while BTC is a store of value (savings account). This is all in my world - not that any of this is true. So my target LTC price is $1,450. I think - and again this is my hallucination - it’s a lot easier for LTC to get to $1,450 than for BTC to get to $160,000. So if you only have $16k I would evaluate other coins: LTC, XRP, ETH, BCH.
 
BTC is the mania/fad these days, lots of smart money is involved in it by now.

I would hate to even touch it and more so, when governments have not yet given a go ahead for its formalization.

One news item and it can implode and explode. Absolutely hate to touch this live wire.
 
John9999 said:
Just looking for opinions on everybody thinks. We have to 16,000 level And hovered there for more than a few days. Is this a little consolidation to then leg up to a higher level?

I’m looking to put some $$ in BTC. Finally.

Hmm. Wait for a correction ? Go now? Does it even matter?

Unfortunately I just did not have the disposable funds till now.

Please keep comments to thoughts on short term move for BTC.

Thanks
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Does the TA show where to put a stop? If yes, buy: if no, wait.
 
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