Free Bitcoin Price Trade Plan Forecast
June 24 2019 Update: Bitcoin has continued to grind higher although into overbought price levels near-term.
Near-term price support is 8,914.27 to 9,817.88 with this latter price in which we would like to see hold support for the price to go higher near-term.
A break below 8,914.27 would suggest lower prices to come.
If Bitcoin continues higher from here the price could possibly see 13,500 to 15,500
Financial instruments go up, and down. Make money by short-selling when prices are going down.
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Invest2Success Cryptocurrency Advisory Service
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Invest2Success Cryptocurrency Advisory Trade Plan Monthly Subscription Email Service
The Invest2Success Cryptocurrency Advisory Trade Plan Service provides subscribers one low-risk high-reward buy long Cryptocurrency trade plan each Monday that is sent to your email based on daily time frame trade setup chart patterns that you can day-trade, swing-trade and or position trade for possible longer-term gains.
Low-Risk High-Reward Trade Plans on the Following Cryptocurrencies
If there is a specific cryptocurrency pair listed below that you are watching and or trading, inform us of it, and we will provide you analysis on your specific cryptocurrency trade pair.
ADA-USD, ADX-USD, AE-USD, ANT-USD, ARDR-USD, ARK-USD, ATB-USD, ATM-USD, BAT-USD, BCCOIN-USD, BCH-USD, BCN-USD, BNB-USD, BNT-USD, BTCD-USD, BTC-USD, BTG-USD, BTM-USD, BTS-USD, CVC-USD, DASH-USD, DCN-USD, DCR-USD, DGB-USD, DGD-USD, DNT-USD, DOGE-USD, EDG-USD, EOS-USD, ETC-USD, ETH-USD, ETP-USD, FAIR-USD, FCT-USD, FRST-USD, FUN-USD, GAME-USD, GBYTE-USD, GNO-USD, GNT-USD, HSR-USD, ICN-USD, ICX-USD, IOT-USD, KIN-USD, KMD-USD, KNC-USD, LINK-USD, LKK-USD, LRC-USD, LSK-USD, LTC-USD, MAID-USD, MCAP-USD, MGO-USD, MLN-USD, MONA-USD, MTL-USD, NEBL-USD, NEO-USD, NLC2-USD, NXS-USD, NXT-USD, PPT-USD, QASH-USD, QRL-USD, QTUM-USD, REP-USD, RLC-USD, SALT-USD, SC-USD, SMART-USD, SNGLS-USD, SNM-USD, SNT-USD, STEEM-USD, STORJ-USD, SUB-USD, SYS-USD, TAAS-USD, TRX-USD, UBQ-USD, USDT-USD, VEN-USD, VERI-USD, VTC-USD, WAVES-USD, WINGS-USD, WTC-USD, XEM-USD, XLM-USD, XMR-USD, XRB-USD, XRP-USD, XUC-USD, XVG-USD, XZC-USD, ZEC-USD, ZEN-USD, ZRX-USD
Buy and Sell Cryptocurrencies Every Trading Day
The Cryptocurrency trade plans are emailed to subscribers each Monday morning. The most important is that these are what we consider as low-risk high-reward Cryptocurrency trade plans with current strong upward price movement.
Picking Cryptocurrencies Ready for Price Moves
The service selects Cryptocurrencies that have begun and or already have started an initial strong price uptrend or downtrend. Our proprietary Cryptocurrency trading system picks selected Cryptocurrencies that are getting ready to make a potentially strong and extended price move after the initial beginning price move has begun thus reducing risk.
Cryptocurrency Trade Plans for Profitable Success in the Long-Term
The Cryptocurrency trade plans include buy or sell entry, stop-loss, and take profit price area targets.
On average for most Cryptocurrency traders is that trading results in one-third of your trades being profit winners, one-third being breakeven trades, and one-third being losing trades. The key to long-term trading profitable success is to keep your losers small and your winners large. This is done using trade management techniques using support resistance, moving averages, and ATRStop to name a few. Optimizing trade management can greatly increase overall gains and reduce total overall risk and increase returns. There are multiple trade management techniques that you can use, and we suggest you study and use them in your investing and trading to lessen risk, and maximize returns.
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The Invest2Success Cryptocurrency Advisory Trade Plans
Our Cryptocurrency trading system is proprietary and confidential system. Technically it's partly based on increasing decreasing accumulation distribution of the Cryptocurrency and other associated technical analysis of the price. The service attempts to capture relatively quick fast profits from Cryptocurrencies making short to intermediate strong price moves of one week to several months and possibly longer.
Remember: Stop-loss is a tool you use to keep small losses from becoming larger losses.
Cryptocurrency Bubble Again?
June 27, 2019 - Bitcoin Surges: Is Another Cryptocurrency Bubble Getting Ready To Burst? By Investors Business Daily
Bitcoin prices and related cryptocurrencies and stocks ran up again Wednesday, continuing a strong rebound that has intensified with last week's Facebook (FB) announcement that it is entering the crypto space. Prices have surged almost 40% since Friday, with the digital currency now flashing signs of a possible climax run.
The last time the Bitcoin price rose above $13,000 was in December 2017, the same month it reached its all-time high of $19,511 before a spectacular collapse in value.
Bitcoin prices shot up 21% to $13,752, according to CoinDesk. Ethereum jumped 14%, Bitcoin Cash rose 7%, and Ripple (also known as XRP) tacked on 3.3%.
Among Bitcoin and blockchain-related stocks, Riot Blockchain (RIOT) soared 15% on the stock market today, Overstock.com (OSTK) shot up 25%, and Grayscale Bitcoin Trust (GBTC) advanced 14%.
Facebook stock fell 0.6%.
Bitcoin Price Boosters
Several factors are fueling Bitcoin's rise. Facebook said last week that it will launch a digital currency, called Libra, next year, with big partners like Visa (V) and Uber Technologies (UBER). That was an indication that mainstream institutions are embracing cryptocurrencies and the underlying blockchain technology.
MoneyGram International (MGI) recently announced a deal with Ripple to use that cryptocurrency in payments. Ripple also took a stake in MoneyGram.
Also, cryptocurrency mining-chip giant Bitmain Technologies reportedly is getting ready for an initial public offering.
Finally, investors have Bitcoin fever again. Bitcoin prices are going up, and that makes many want to rush in, bidding up the price.
Another Climax Run For Bitcoin?
But that raises a concern.
The rapid and accelerating run-up in Bitcoin prices could hit a crescendo soon. After a climax run, stocks, commodities and currencies usually lose more than half their value quickly. They can take months or years to recover, if ever.
Bitcoin has already had a massive climax run in late 2017. It was a fun ride until it wasn't.
Investors in Bitcoin and related coins and stocks may want to take at least partial profits to lock in some big recent gains.
Facebook's Libra Is No Bitcoin Experts say there's a big difference between Facebook's Libra and the more speculative Bitcoin and most other cryptocoins.
"Libra is backed by a reserve of real assets ó such as bank deposits and Treasury bills. That gives it intrinsic value," CMC Markets analyst Margaret Yang told the Financial Times. She added that many other major cryptocurrencies, including Bitcoin, are "backed by nothing."
Oanda senior analyst Craig Erlam also drew parallels between the recent run and the asset's prior bubble.
"While I understand the excitement for the community that a company like Facebook, backed by other big names, has launched its own coin, this just feels a lot like last time and we all know what happened then," Erlam said in a research note. "Perhaps this time the drop-off won't be so bad as we are seeing more mainstream adoption, but it may be naive to think that it can't come crashing down again."
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