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Bitcoin Edges Closer to Breakout Territory
I wrote about Bitcoin (BTCUSD) on May 5th. That was my first public analysis, but I have been telling Daily Price Action members about my involvement in Bitcoin since early April. To summarize, I’ve been buying Bitcoin every day for the last six weeks. Before I get into the details, I want to make it clear that I’m writing to you today as an investor in Bitcoin, not a trader. Most of you know I don’t use fundamentals when I trade. However, I do take fundamentals into account when I invest. With that out of the way, let’s talk about why I have been buying Bitcoin. Apart from having incredible technicals, ... (full story)
