The Market continues to experience a fairly rapid recovery, unlike Bitcoin, which remains in a defined price band, which, if broken, will bring us close to $ 10,200. Some specialized media in Cryptocurrencies attribute this recovery to the end of the payment of taxes in the United States. I give my point of view and it is that the market recovers due to a cycle in the Bitcoin that occurs once a year since 2013 and that moves the whole market upwards, additionally from the point of view of the Technical Analysis I give my recommendations of investment against Bitcoin in several pairs such as Ethereum, Ripple, EOS, which are:
Do not get carried away by emotions, it is quite remarkable the increase that cryptocurrencies have suffered, but remember that it is a very volatile market and as they rise can go down.
Maturity at the time of analyzing the market, many people who do trading do so by being carried away by emotions, feelings and without projecting the market in the future, so an arduous study must be done to protect the investment that has been made.
The month of April and May were cataloged as crucial for the crypto market and this is being fulfilled, many rumors of analysis are coming to light but I recommend following market trends and making an optimal trading.
