I know I will get a lot of flack on this post. However, I am going to say it. Bitcoin looks like it is in a massive bubble. I understand the ease of transfer between two parties. But there is no way to control your risk with bitcoins extreme volatility. With the US dollar one can hedege their purchese or sale with the futures market. I believe bitcoins could be in a modern day tulip bubble, where I have no clue where they will trade too with their extreme volatility. What I do believe, there could be some people who will be buying the top. This is just the way it is.
Bitcoin has reached it´s first target at 1880. In order for it to reach it´s second target, it has to clear 1880 and hold it as support to trade to it´s second target at 2323, which I believe will not trade. With bitcoin who knows, because bitcoins are on crack and can jump really fast or crash just as fast if not faster.
https://www.tradingview.com/x/lDy68yCc/
Disclaimer: The Anunnaki Clown Trade Room is so great it will guarantee you a 100% loss to zero win ratio. yes that´s correct! The Fake Anunnaki Trade Room is so great, you will lose all your money, blow up your account, get margin called, all by using this horrible system.
This video/post is satirical and should not be taken serious at all. The Fake Anunnaki Trade Room is a fictional trade room that is for entertainment only. I show in many of my videos the sillyness of YouTube traders, who pretend to have all the correct calls and never lose. Which is total hogwash.
Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.