Bitcoin hit and dropped from critical level... Here's what it means. Recently bitcoin rallied and tested an important technical level known as the daily 200 SMA. The significance of this level was mentioned in our March video where we explained the median potential returns for bitcoin between the first day of spring and the end of the year. We summarise the key points in this video and what this means for the crypto. #Bitcoin #BTC #AlessioRastani
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Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.
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