The Bitcoin herd is arriving again
November 19, 2020 Leave a comment
Bitcoin is trading at $18,000 and now, I’m being asked for an opinion.
On October 9th, when Bitcoin was $11,000, I wrote a note about the rare extreme in its volatility reading which augured for a notable rally.
Another optimal time to buy Bitcoin was when it was oversold around the $5,000 mark in March 2020.
(see the ellipse’s and comments in the chart below)
Being attuned to these moments is one thing but having the conviction and acting decisively on a view or thesis is something else.
November 19, 2020
by Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 