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Bitcoin Alert: Buy Here

By InTheMoneyStocks.com (Gareth Soloway)CryptocurrencyAug 21, 2019 04:01PM ET
www.investing.com/analysis/bitcoin-alert-buy-here-200457308
Bitcoin Alert: Buy Here
By InTheMoneyStocks.com (Gareth Soloway)   |  Aug 21, 2019 04:01PM ET
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+1.57%
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BTC/USD
+0.18%
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Bitcoin briefly broke $10,000 again Wednesday, which has happened at least 5 times in the last month. This constant attack alerts technical traders that eventually it will flush lower.

How Low?

BTC/USD
BTC/USD

Target (NYSE:TGT) 1 is $8,800 and target 2 is $7,575. These are the two levels I plan to accumulate at. I have been patiently waiting to re-buy Bitcoin since it topped out around $14,000. I am a believe in crypto as the future mainly because of the massive printing of fiat currencies by central banks and the increasing debt of countries like the United States. It is unsustainable and a collapse is inevitable. When the epic financial collapse finally comes, debts will vanish and central banks will be dissolved. From the ashes citizens will demand a currency with a defined print structure so governments cannot just print trillions on demand. While I am a believer in Bitcoin, I am also believer in having it as part of an overall portfolio, not the entire portfolio.

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Bitcoin Alert: Buy Here
 

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Bitcoin Alert: Buy Here

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Comments (4)
Louisa Youz
bolero123 Nov 11, 2019 7:56AM ET
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ooops
Davey Trep
Davey Trep Aug 21, 2019 11:28PM ET
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ill pass thank you
Jonathan Whipple
JonathanTWhipple Aug 21, 2019 11:26PM ET
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"When the epic financial collapse finally comes, debts will vanish and central banks will be dissolved. From the ashes citizens will demand a currency with a defined print structure so governments cannot just print trillions on demand.". . . It's literally comments like this that make it so no one takes the hodlers serious. People aren't going to be demanding bitcoin when a financial apocalypse happens, it's going to be an all out looting and riot lol.
Paul Mampilli
Paul Mampilli Aug 21, 2019 11:19PM ET
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Nicely put
 
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