Bitcoin is Cheap Until April, We’ll Never See Price at $3,000 Again: Trader

Despite being down 80 percent from its all-time high, a fairly large number of investors are still cautious and shorting bitcoin in a low price range. Bitcoin shorts achieved a 3-week high earlier this week, demonstrating a  lack of confidence of investors in the cryptocurrency market in the near-term performance of bitcoin. But, according to a trader known to the cryptocurrency industry as “Galaxy,” bitcoin at $3,000 may be a rare opportunity that does not come again in the future. Why $3,000 For Bitcoin is Rare According to Galaxy, since its inception, bitcoin has established a trend of reaching a

The post Bitcoin is Cheap Until April, We’ll Never See Price at $3,000 Again: Trader appeared first on CCN

source https://www.ccn.com/bitcoin-is-cheap-until-april-well-never-see-price-at-3000-again-trader

READ MORE http://bit.ly/2u7Ra95

from Cryptocurrency News https://ift.tt/2T50015
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://ift.tt/2XxnqzJ Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!