Post by
GG20200 on Jan 24, 2021 7:59pm
What's coming ? BIG option expiry, Stimulus, and EARNINGS
The biggest call option expiry this week .. Bitcoin heading higher
You got stimulus talks > exactly which week gets passed in february ?? nobody knows
The $1.9 trillion will get passed ... good for Bitcoin and the US stock market.
EARNING season just around the corner.. lots of big corporate earnings coming out in Feb.
Bitcoin heading back up, u always going to get some wild gyration in bitcoin but the overall trend is heading higher.
The big institution, whales, and salmons ... all need to make money, lots of money.
Bitcoin already went down already .. shorting bitcoin from here increases your risk of losing a lot of money when it violently rebounds all the way back up and more.,,
NOBODY KNOWS HOW HIGH BITCOIN CAN GO ON THE NEXT RUN
Betting bitcoin to go down from here to make money, u can do that... but how long can you profit from it ?
1 hour ? possible
1 day ? getting tough
few days ?? ( unlikely )
You look at your risk and reward.. if you have bitcoin already.. you either hold or buy more
If you don't have any bitcoin.. now is a great opportunity to start accumulating
Comment by
Skeltic on Jan 25, 2021 12:37am
THe first week of Feb, every major company will be sending reps to different BTC discovery conventions mid to late feb there is going to be some wild action.