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❕NEWS Aayush Jindal: Bitcoin Could Go Down To $ 32K

aryan4

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According to prominent analyst Aayush Jindal, Bitcoin is in a short-term bearish zone.
She estimates that if the price breaks below the $ 35,500 and $ 35,000 support levels, it will gain momentum.
She thinks that if this happens, a decrease of up to 30 or 32 thousand dollars may occur.
What do you think of this famous analyst's comment?
 
Short term trading in Bitcoin doesn't yield much profit as compared to altcoins . As for me the best thing for altcoins is long term trading
You may be right, but choosing the altcoin to buy is sometimes not easy. Many, if not all, seem risky to me for some reason.
 
You see, before seeing this your post, I read on Google-news, just this news!
Well he is an expert and is not currently foreseeing a good near future for Bitcoin.
But, I would nevertheless like to know on what data he is based for this bad prediction (because I have only read the title, but not the whole article in the newspaper).

@De-rector
I'm sorry, not being able to send a PM to you, I just wanted to ask you if you understood what I wrote in Italian (you can use Google-translator), in another thread, to a female BMF user.
Thank you.
 
You see, before seeing this your post, I read on Google-news, just this news!
Well he is an expert and is not currently foreseeing a good near future for Bitcoin.
But, I would nevertheless like to know on what data he is based for this bad prediction (because I have only read the title, but not the whole article in the newspaper).

@De-rector
I'm sorry, not being able to send a PM to you, I just wanted to ask you if you understood what I wrote in Italian (you can use Google-translator), in another thread, to a female BMF user.
Thank you.
I didn't understand but I was very sure using Google translator I could get the meaning, I am always ready to learn stuffs concerning Crypto currencies
 
You may be right, but choosing the altcoin to buy is sometimes not easy. Many, if not all, seem risky to me for some reason.
True , choosing altcoins may not be easy but with thorough investigation and research , you will surely see coins that have good potential for a rise
 
Altcoins like ethereum, litecoin, stellar and bitcoin cash are never very difficult to choose and Investing in them is a risk worth taking.
 
The analysis is very simple, those traders that are buying bitcoin at $34,000 and reselling at $37000 are making close to 10% gain, if a trader has repeated this 10 times in the last 3 weeks he would have made 90% to 100% gains already.
I do have a better picture of that now. You are right, they do make better profits on the short term than long term hodlers who have no control over what the price could be at that time.
 
I do have a better picture of that now. You are right, they do make better profits on the short term than long term hodlers who have no control over what the price could be at that time.
Yeah but not very many people have the time nor understands this logic of earning more with bitcoin and most of us that recieve payment via bitcoin may not see it been profitable but the person that Invested his money will.
 
Altcoins like ethereum, litecoin, stellar and bitcoin cash are never very difficult to choose and Investing in them is a risk worth taking.
Trading in known altcoins can sometimes yield serious gains. The kind of altcoins you give are quite known. I guess if the timing can be adjusted well, the opportunity to earn is not that far away.
 
Yeah but not very many people have the time nor understands this logic of earning more with bitcoin and most of us that recieve payment via bitcoin may not see it been profitable but the person that Invested his money will.
True. If I will have enough money at my disposal , I will surely make profit from trading because I have learnt few things about short term trading , and I hope to practicalize it.
 
Trading is very much profitable , my plan this year is to engage the use of Binance very well for trading since there are more coins compare to luno.
 
True. If I will have enough money at my disposal , I will surely make profit from trading because I have learnt few things about short term trading , and I hope to practicalize it.
I think we are in a similar situation. I trade with a limited amount of money I have, but I generally like to take long positions. But as you said, we have to improve ourselves.
 
The more you trade the more the profit and the risk, so for a start one can start trading with smaller amount then upgrade later as you make more profit.
 
Bitcoin like any cryptocurrency carries a certain risk, causes their volatility and sudden fluctuations. This is also due to the fact that they are not regulated by a real bank.
The only transparency factor on their transitions (in the case of Bitcoin), is associated with Blockchain.
 
Trading is very much profitable , my plan this year is to engage the use of Binance very well for trading since there are more coins compare to luno.
True , but I will also advise you to send you token back to a secure wallet after trading. Binance is a Centralised exchange site that is prone to hacking
 
Trading is very much profitable , my plan this year is to engage the use of Binance very well for trading since there are more coins compare to luno.
Truly incredible profits are possible. I have had profitable trades in normal trading, but I also experienced some losses in leveraged trades. I think more research is needed first. I hope you will make profitable trades.
 
According to prominent analyst Aayush Jindal, Bitcoin is in a short-term bearish zone.
She estimates that if the price breaks below the $ 35,500 and $ 35,000 support levels, it will gain momentum.
She thinks that if this happens, a decrease of up to 30 or 32 thousand dollars may occur.
What do you think of this famous analyst's comment?
I think bitcoin has become much unpredictable nowadays, it is fluctuating between 30k to 35k a lot. For the last few days we haven't see it rushing towards it's all time high rather bitcoin is facing high resistance on 30-35k range.
 
I think investing your 40$ on bitcoin is a pretty good idea for now as the price of bitcoin has felt to 31k and I think bitcoin will surge soon towards it's all time high of 42k.
 
I think investing your 40$ on bitcoin is a pretty good idea for now as the price of bitcoin has felt to 31k and I think bitcoin will surge soon towards it's all time high of 42k.
Let is be hopeful of new Investors because they are the ones that can boost the price of bitcoin as it stands now , the trading is just within $29 to $39k.
 
I think bitcoin has become much unpredictable nowadays, it is fluctuating between 30k to 35k a lot. For the last few days we haven't see it rushing towards it's all time high rather bitcoin is facing high resistance on 30-35k range.
Yeah this the issue now. Am waiting for Bitcoin to stabilize before I can buy more. The fluctuations is discouraging for investors
 

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