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FBMKLCI

BTC

  1. At its purest form, BTC is a pure technical play with no fundamental whatsoever
  2. So reading this kind of chart is also very interesting
  3. From the peak at year end 2018, BTC hit USD20,000 per coin before going down to USD3800/coin early 2019
  4. The recent high at USD13K/ coin got back many ‘experts’ talking before it fizzles out to the price now
  5. So what next?
  6. I expect this to go sideway for the next 3-6 months
  7. Let’s revisit this in due time

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