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BTCEUR trade ideas

Time to accumulate wealth Welcome, wonderful person! This has been an amazing period filled with anxiety and fear, must admit I felt some myself. I have been able to stop myself from doing anything whilst panic, and still holding my bags. However, I will try to use this period to accumulate as much wealth as I can, meaning get more BTC in my bags. Will transfer some savings I have had on the side and use that to actively trade BTC. I am not taking my existing BTC to trade because: "Do not invest in your trades, and do not trade your investments". My BTC bag is in cold storage and is my investment and will not be traded. New bought BTC will be my trade bag, and I will not mix investment strategies in this. It will be traded purely based on support and resistant and trend lines. Happy trading everyone, and stay safe! Whatever you do, do not take any actions when you feel overwhelmed or in panic. Take a short break and deep breath, then go back in with a plan!
by egilagre
Public policy announcements as a market manipulation toolDear fellow investors, As you have all noticed, the latest announcements from the CCP have had a material adverse impact on the price of BTC. However, let us all remember that the CCP has made similar announcements regularly in the past 8 years and that those have never been been followed by any form of implementation whatsoever. In fact, most Chinese retail traders, miners and crypto finance firms are currently consolidating their positions or entering into long transactions. One can only question the regularity of the CCP's announcements regarding an incoming BTC ban: - Once in a while, when the BTC price is high, the CCP announces a BTC ban and Chinese whales conveniently happen to sell whole chunks of BTC at the very same moment; - BTC price plunges as a result of the CCP's announcements; - The Chinese whales buy BTC back at a discount; - The circus repeats itself. This well-rounded process seems to be nothing more that a very easy way for CCP to transfer money from foreign investors' pockets to Chinese investors' pockets. One could almost say that false public policy announcements spread as fast as Covid-19 did. Now, you know what happens next: buy the dip... and HODL!
Long
by UnknownUnicorn22474982
Bitcoin's end of the bull run?Personally I feel the bull run is over. I was here in december 2017 and the same FUD was spread around this time in the cycle. But that is a gut feeling. The charts tell me another story. The vertical red lines are the past halving. Looking at the time since the halving of 2020 we are 330 days into the bull run. In 2017 at the same point in the cycle we saw a massive dip in the bitcoin price. Just like now. We still had to go up to the 2017 ATH on day 523 of the cycle. What if the timing of this cycle is the same? In that case we can expect a €113.000 bitcoin in november. Wouldn't that be something?
by Christopher_Cross
3