BITCOIN Became UNSTABLE! Reasons to STAY AWAY:
I was watching BTC bullish rally the entire year and what we see right now worries me:
today's price fluctuations became naturally crazy.
just in one single hour, the price lost almost 1400$ of its value and managed to recover 600$.
today's trading range now exceeds 1500$.
hourly swings are sharp and huge.
it looks to me that btc now changes hands.
smart money sell and dumb money buy more and more.
we are closer and closer to all times high and I could imagine how dramatic the crash will be this time.
even though potential profits are appealing.
even though fundamentals are strongly bullish on btc ,
realize that for short/mid-term trading the price is unstable.
stay away and let the correction happen.
only then consider new trading opportunities.