I played a few positions here over New Years Eve and New Years Day and was able to gain about 20% overall on my portfolio, but lost about 10% of it because I was late getting out of this trade. However, back into BTC heavy now, while it is stable and other alts are still a little down. BTC seems safe for today, until the alt rallies begin.
Note
Before this happens we have to see where the consolidation ends up and look for the next target. This is a complete shot in the dark, just guessing. If I took a best guess it would be $2.50 target after a short consolidation or sideways period.Note
BTW, I expect all ALT's to start a rally today in about 3 hours after BTC futures open.. or shortly after. Target Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.