Will Bitcoin still rise

The gray scale appears again. Grayscale Bitcoin Trust has more than 400,000 holdings, setting a new high again. These positions are mainly US institutional investors. The growth potential of other investors is still great. After all, the number of speculators is still several orders of magnitude behind the number of people in any mainstream stock market in the world. The currency circle deserves our continued attention. At the same time, the founder of Grayscale said that next week, a large number of advertisements promoting Bitcoin and Ethereum will be placed on FOX, CNBC, MSNBC and FOX Buisiness, in order to make Bitcoin and Ethereum and other digital currency investments public. Obviously, after this wave of advertisements, funds will obviously flow in again, so the new funds will effectively support currency prices next week. The overall opportunity is greater than the risk, and the sustained high is the high probability market. ​ Combining the weekly charts of Bitcoin and Ethereum, it is clear that the relay market is rising. In an upward trend, don't scare yourself every day. Once the cost advantage position is cancelled, it will be difficult to find a comfortable position in the future. I got in the car and the trend is good, so I should continue to sleep on my back. Bitcoin weekly (rising relay): Bitcoin: The probability of a sharp correction of Bitcoin is still low. The next 1-2 months should be in a stable period with low risk. At this time, Bitcoin will not bring huge wealth effects to everyone. Long-term investors should hold it patiently. The return is much higher than that of participating in the stock market. It is better to hold the spot and short short. ​ ETH: Stronger than most mainstream, since there is no direct attack today, the high shock should continue for 1-2 days, and a new high will be reached after the shock. ​ XRP: It is very weak. Although there is news that Ripple will cooperate with Bank of America, but with so many banks, it has nothing to do with currency prices. ​ LTC: The trend is obviously weaker than most mainstream. I have said this dozens of times this year because there is no hype expected. ​ BCH: The fork has not been specifically determined, so continue to link up. ​ EOS: Linking the big pie, will follow up afterwards, but it is probably not very exciting. ​ BSV: This wave is always weaker than his father's BCH. When will the volume increase in a single hour, then consider participating, otherwise the opportunity cost of holding positions will be too high. ​ ZEC: High shrinkage callback, the trend has not changed, take it first. ​ ADA: The new high should be coming soon. It is obviously strong recently. Hold the position first. ​ TRX: The trend has not changed, hold. ​ XMR: Anonymous classes are obviously weaker today, including dash, but the overall callback amount is not large, and will continue to rise after a few days of shock. ​ IOTA: 2.0 is coming, and the enthusiasm for small currency speculation is relatively strong recently. You can pay attention to whether there will be an acceleration in the future. ​ LINK: Stepped on the vent of the oracle and became the leader of the market. Recently, it has accelerated. The market value has surpassed Wright, ADA, and BSV to the sixth position. This acceleration inevitably means short-term risks. It is not recommended that everyone follow High, those holding positions can dump goods one by one. Zues Capital, an institution that shorted LINK, liquidated its position by 11 million US dollars. Investors who did not follow the trend, no matter who they were, would be crushed by the market. Use this as a lesson. submitted by /u/Bitcoin_lovers [link] [comments]

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