When to buy BitCoin 2020

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amn3873
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Have you been wondering when to buy BitCoin in 2020? If you are trading crypto currencies using a crypto currency trading strategy, you may have been surprised that your recent sell orders may have been a loss.

Many intraday traders may have woken up this morning to see that the stop loss in their sell orders have been triggered and they are out in a loss. Why is it that BitCoin crypto currency is rallying so strongly and triggering sell order stop losses?

If you were looking at BitCoin crypto currency wearing supply and demand glasses, you would have noticed there was a huge impulse that become an imbalance around $4.096. We discussed this new imbalance in a previous BitCoin technical analysis last November 2019, go and check that analysis together with the YouTube video included in it. Check previous analysis at https://set-and-forget.com/crypto/bitcoin-btc/wait-retracement-longs/

Pools of supply and demand imbalances are created in all BitCoin timeframes, you must know what these imbalances look like and what they mean before you decide to take a trade on BitCoin. The BitCoin technical analysis video below is doing a long term analysis of the monthly timeframe, intraday and shorter term positions are not explained, those are different monsters.

BitCoin crypto currency forecast and prediction 2020
Our supply and demand forecast and prediction for BitCoin crypto currency is explained in this analysis and also in the video technical analysis below. If you are a short term trader or scalping BitCoin for profit then it’s a different story and analysis. For long term positions, now it’s not the type to buy BitCoin crypto currency.

If you want to learn how to trade BitCoin and other Crypto Currencies using our proprietary supply and demand strategy, join our trading course. You will be welcome to join our trading community.
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Crypto Investing
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