$BTC $WLD
I am still learning to study the market, but still I leave you my prediction: BTC is reaching its peak, but WLD is just starting to recover. Keep in mind the current situation in the USA; until wages are negotiated, the dollar is unstable, it devalues due to distrust. People are migrating to other assets like gold $PAXG (currency linked to real gold), BTC, and others. This is the reason for the current market. So what is happening with WLD?
Simply put, WLD was on a downward trend, BTC had a great movement and this was dragged down. What does this mean? As soon as the United States solves its problem, all that money that migrated to safe assets will return to USD, BTC will return to 12,000-14,000 and WLD, which persists with the downward trend, could easily reach 1.1.
Therefore, my advice is to take advantage of the rise, go long if you want, but take precautions, place a trailing stop and have a short ready with a stop market for when they announce in the United States that everything is resolved. Take advantage of the market; it is a great opportunity, but be careful.
It is not about betting blindly in moments of high volatility; the leverage you use could be your worst enemy. Use stop loss, trailing stop, convert your long into short at the best moment, and reap great profits! Good luck to everyone and don't stop watching what happens in the United States these days.
I am still learning to study the market, but still I leave you my prediction: BTC is reaching its peak, but WLD is just starting to recover. Keep in mind the current situation in the USA; until wages are negotiated, the dollar is unstable, it devalues due to distrust. People are migrating to other assets like gold $PAXG (currency linked to real gold), BTC, and others. This is the reason for the current market. So what is happening with WLD?
Simply put, WLD was on a downward trend, BTC had a great movement and this was dragged down. What does this mean? As soon as the United States solves its problem, all that money that migrated to safe assets will return to USD, BTC will return to 12,000-14,000 and WLD, which persists with the downward trend, could easily reach 1.1.
Therefore, my advice is to take advantage of the rise, go long if you want, but take precautions, place a trailing stop and have a short ready with a stop market for when they announce in the United States that everything is resolved. Take advantage of the market; it is a great opportunity, but be careful.
It is not about betting blindly in moments of high volatility; the leverage you use could be your worst enemy. Use stop loss, trailing stop, convert your long into short at the best moment, and reap great profits! Good luck to everyone and don't stop watching what happens in the United States these days.
