Portfolio Update

LONG TERM
LONG
| from 7.51$/btc with 1 unit (100 btc)

SHORT TERM
FLAT
| waiting next trading signal

Here you can see how it looks the situation with a weekly chart, it is impressive to observe that 1.5 million bitcoin changed hands during the great swing from 0.50 to 9, 25% of total supply of bitcoins (~6mln). There are many investors that bought when it was under 1 btc and are still holding for long term. The previous huge massive buying happened in october 2010 when in 1 month volume peaked at ~2 mln.

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3 thoughts on “Portfolio Update

  1. GeorgeK

    What an insightful post and exactly what I needed to read this tough trading times!
    Thank You.

  2. adsense

    i tend to see bitcoin in a strong bullish sentiment . however i also think that we will see a low point in early june and higher prices into mid july if not mid aug or sept before a bull market peak is seen. We can’t go high forever.

  3. randall

    Hi Enky,
    I am not a TA expert, but I also do believe we have one more surprise to the upside up to 10$ or 11$ before a severe, quick decline to 3-4$.

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