Bitcoin Forecast October 30, 2018
The bitcoin market fell slightly during the trading session on Monday, as we continue to see a lack of movement overall. The market continues to simply be without directionality, so I believe that short-term scalping in a back-and-forth type of manner is probably crucial. At this point it’s likely that we will continue to see a lack of longer-term movement but I also recognize that the support underneath has been crucial in of course very reliable. I find this interesting, and it is perhaps an area where longer-term investors are looking to put the money to work, but for the short term trader there’s almost no money to be made unless you can be quick about it.
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