According to investment expert Clem Chambers, trading is not an investment and vice versa. But it’s possible for both to help the other. Chambers says that when he sees a big fat trade signal for a stock, he looks at that stock and whether it’s a good investment. The investment expert explains his Bitcoin (BTC) predictions from this perspective.
“The current state of the market is distressing”
The problem with tried and tested trading signals is that you’re better off making your own. Otherwise they won’t work as old ones tend to be bought and sold. The only time they can be open is when the market is very confused, no longer efficient, and clear signals are not being bought or sold because everyone is traumatized. If signals are your own secret sauce, the difficulty is similar. They just don’t come that often.
So you can have a wide variety of tools. Currently none of them work. That’s why you sit on the muddy shore like a crocodile waiting for an opportunity to glide. It needs to be a relaxing strategy. But let’s face it, if you’re not a market junkie, you’re not included at all. That is why painful waiting is painful. Current markets are in such a state. Does this look like Bitcoin (BTC)’s Wile E Coyote (the jackal chasing the Road Runner)? Does your hero already fall off the cliff, beating the air before the fall, or is the $20,000 bottom?
Bitcoin chart in 2018 / Shows big move after volatilityThis was four years ago. Four years is roughly one halving cycle in the past. Here we are now:
Current Bitcoin chart / Big move ahead?$10,000 or $20,000 bottom for Bitcoin?
cryptocoin.com As you follow, Bitcoin has been in a dive for a long time. Normally these compression events are declining. However, only about 80% of the time. Importantly, the direction for a big move will be set as volatility erupts again. You should not be greedy and try to catch it early. However, it will obviously go on for a long time once it enters new territory. This is what a trader is trying to catch.
I keep thinking this has dropped to $10,000. As an investor this makes me consider it a buy around $10,000. So this trade signal is warning me to be ready to bottom and average out there. Will $10,000 be the bottom? It depends on the Federal Reserve and this madness of the Ukraine/Russia war.
This buy and sell signal also warns me of the danger of buying $20,000 as Bitcoin (BTC) bottom. Will W do it instead?
Will Bitcoin make a big W?In a way, I hope not. Because right now only something like hell can cause it. Instead, I’m optimistic that a new downward move will be a bottom. Once we get there, it will be a logical way to set up a good position for the next halving.
