Buy the Rumor, Sell the News?

Louis Sykes
October 18, 2021

Just like that, Bitcoin hit our upside objective.

Now, patience is warranted as demand begins to absorb the looming supply around these levels.

It'd be prudent to raise cash and take some profits off the table while Bitcoin is below 65,000. Below there, the downside risks remain elevated for now.

 

Article Sales Message

All Star Charts Crypto Members Receive

  • Our professional research delivered to your inbox
  • High conviction trade ideas to make money
  • Full coverage of entry and exit signals across the crypto landscape, including major coins, altcoins, and other tokens
  • Video conferences every week
  • Alerts to cryptocurrencies before they become mainstream
  • Custom indices, correlation, trend strength and relationship analysis
  • Access to Rangefinder – our proprietary app for tracking trade ideas in real time (annual members only)

You need to have a subscription to access this content in full.

Log in or subscribe
Filed Under