1. Since we all had the same idea (free money), BTC will sell off and go back to the 50 MA
2. Next stop is the last resistance, place your first limit orders there
3. It will not go down - until it does and meet the 50 MA
4. Don't forget the black swan, it can even go down to the 100 MA!
Think about it, Bitcoin Gold will sell for i.e. 10/1 BTC. What will you do? Sell for real BTC? Of course! And what's next, sell the "free" BTC for real FIAT? Of couse, especially at a ATH!
Humans are lemmings, don't be a Lemming, don't run off cliffs, protect your goods!!
2. Next stop is the last resistance, place your first limit orders there
3. It will not go down - until it does and meet the 50 MA
4. Don't forget the black swan, it can even go down to the 100 MA!
Think about it, Bitcoin Gold will sell for i.e. 10/1 BTC. What will you do? Sell for real BTC? Of course! And what's next, sell the "free" BTC for real FIAT? Of couse, especially at a ATH!
Humans are lemmings, don't be a Lemming, don't run off cliffs, protect your goods!!