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    Wednesday, June 16, 2021

    [Daily Discussion] - Wednesday, June 16, 2021 Bitcoin Markets

    [Daily Discussion] - Wednesday, June 16, 2021 Bitcoin Markets


    [Daily Discussion] - Wednesday, June 16, 2021

    Posted: 15 Jun 2021 09:00 PM PDT

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    Bitcoin price analysis! The big trend is still up, and we've retraced to a 62% fibonacci level.

    Posted: 15 Jun 2021 07:26 PM PDT

    I believe we've hit the bottom at the 30K level. The daily and monthly RSI have turned up, the crash was a 62% fibonacci retrace, we bounced off the lows twice, the daily fast macd has crossed up, and the monthly RSI is still above 50 indicating the up trend is still in play.

    Charting is not 100%, but it's a darn good probability tool. We could still test lows again, or even go a little lower to maybe a 76% retrace, but I believe the 30k level was the bottom and a great entry point. The smart money always takes a 62% retrace with the trend.

    Charting for newbies!

    Learn how to spot tops, bottoms, and how to protect your profits.

    r/Crypto_Charts_Updates

    submitted by /u/gostoso1969
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    Financial master, Suze Orman, shares valuable insights on how to invest in Bitcoin. She says Bitcoin is a great choice for long-term investments.

    Posted: 16 Jun 2021 01:09 AM PDT

    Personal Finance expert, Susan Lynn 'Suze' Orman, imparts valuable insights on how to invest in Bitcoin. First and foremost, she makes it clear that she supports Bitcoin as a long-term investment only. Specifically, Orman emphasizes that she does not believe Bitcoin to be a good option for a currency.

    submitted by /u/_Raga2143
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