[Daily Discussion] Wednesday, December 02, 2020 Bitcoin Markets

[Daily Discussion] Wednesday, December 02, 2020
[Altcoin Discussion] Wednesday, December 02, 2020
How to leverage long BTC with a lump sum - long term?
Bitcoin sets new all time high and monthly records
Bitcoin Performance 2020

[Daily Discussion] Wednesday, December 02, 2020

Posted: 01 Dec 2020 08:05 PM PST

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Altcoins Discussion: Altcoin Discussion

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[Altcoin Discussion] Wednesday, December 02, 2020

Posted: 01 Dec 2020 08:05 PM PST

Thread topics include, but are not limited to:

Discussion related to recent events
Technical analysis, trading ideas & strategies
General questions about altcoins

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How to leverage long BTC with a lump sum - long term?

Posted: 02 Dec 2020 07:34 AM PST

MMCrypto has a long term BTC trade which he mentions regularly he will keep running. Do any of you have something like this in place?

Should a crash occur, or something else like hash ribbons buy signal firing, I am considering using a small lump sum on BTC, and if I were to leverage long term I wonder what is a reasonable level or where I could learn about it.

MMCrypto has been referring to hash ribbons and that if we close (I think a monthly?) above the previous ATH, historically we will never go below that price again. It would seem worth considering as an entry for long term.

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Bitcoin sets new all time high and monthly records

Posted: 01 Dec 2020 08:13 PM PST

Bitcoin, on its way to setting a new all time high across most exchanges in November, also had 3 other records.

- New ATH

- Best monthly close

- Highest gain in dollar value in a monthly candle

- 127 days above $10K (are we even still tracking this?)

I think we definitely break 20K in December. I say we will touch $25K.

What are your predictions?

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Bitcoin Performance 2020