Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 01
Trading cryptocurrencies can be extremely risky,
but equally rewarding, especially for someone
who is positioned on the right side of the markets.
While a buy and hold strategy is profitable when the trend is outright bullish,
it is a better strategy to get in and out of positions when the price is inside a range.
We believe that Bitcoin has formed a bottom around the $6,000 mark for this year,
but we don’t anticipate a vertical rally from the current levels,
unless the world sees a full-fledged trade war between the top two economies.