BITCOIN NOW OR NEVER: THE HOTTEST STRATEGIES FOR CRYPTO SUMMER 2019

Crypto market has experienced huge changes lately: going slowly up in July, it has reached his maximum and after the United States have declared unofficial product war with China, continuing its sharp domestic policy, the situation became totally unstable and all markets are behaving like crazy.

BITCOIN NOW OR NEVER: THE HOTTEST STRATEGIES FOR CRYPTO SUMMER 2019

Let’s take a fresh look at situation and mark interesting tendencies, upcoming trends and decide, is it time to buy or sell BTC?

BITCOIN – TURNING INTO HEDGE ASSET?

Some analytics say that Bitcoin is ready to become a hedge asset together with gold. After USD has lost its positions, people switched to gold and… Bitcoin. Billionaire Mark Cuban says that gold and BTC are “the same thing”, meaning that they are both collectibles.

BITCOIN CORRELATION WITH S&P500

American researches have noticed strong correlation between BTC growth and American market. Nautilus Investment Research company has analysed 18 cases of BTC rise and compared them with daily change of S&P500 index.Usually index reacts positively to the rise of crypto currency. By now there is no direct connection between BTC and S&P500, but we strongly advice to think about it.

BITCOIN NOW OR NEVER: THE HOTTEST STRATEGIES FOR CRYPTO SUMMER 2019

BIG PROMISES FOR AUGUST

Experts say that they expect BTC to show significant growth by the end of August with no dramatic falls. After a long time of silence crypto currency is finally ready to go up!

TOP STRATEGIES TO CHOOSE FROM

Now let’s check out 3 top standard situation and see what are the best strategies to apply in each case

  1. I have BTC: wait the rise and sell. The best strategy would be to wait the highest rise and sell.
  2. I want to buy BTC: wait the down.
    Probably now is not the best time to buy BTC, as it is going up.
  3.  I want to sell BTC: wait for the highest price, at least 30% more
    Calculate the 30% revenue point and sell it around this position.

The market is quite chaotic now and it is not surprising, people turn to crypto market and test different strategies today. To buy or to sell – that is the question! These days it is important to keep an eye on BTC and its movement.

BITCOIN NOW OR NEVER: THE HOTTEST STRATEGIES FOR CRYPTO SUMMER 2019

Analytics advice to be very careful and yet to be ready to act fast: in general, tendencies look like to be quite positive, but in case of any slight unexpected news, market can react really unpredictable.

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