RATE Group | Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…
37313
wp-singular,post-template-default,single,single-post,postid-37313,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…

01 Aug Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…

Posted at 20:31h in Bitcoin News by

[ad_1]

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

Trading cryptocurrencies can be extremely risky, but equally rewarding, especially for someone who is positioned on the right side of the markets. While a buy and hold strategy is profitable when the trend is outright bullish, it is a better strategy to get in and out of positions when the price is inside a range.

We believe that Bitcoin has formed a bottom around the $6,000 mark for this year, but we don’t anticipate a vertical rally from the current levels, unless the world sees a full-fledged trade war between the top two economies.

Meanwhile, we continue seeing opposing views on the future prospects of cryptocurrencies. Pantera Capital Bitcoin Fund, which recently had its fifth…

[ad_2]

Source link