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Bitcoin Weekly: Is time to HODL or FOLD?
By ProButterfly  •  June 17, 2018

Uncategorized Jun 16, 2018

This week was a true test for crypto HODLer's. The term is an internet meme was started back in 2013. Bitcoin was crashing and this one person decided to hold their position. If you are interested in reading the post originating the meme, find it below.

Fast forward to this week and Bitcoin came close to visiting the lows of February 2018. This week the resolve of HODLer’s was definitely tested. Based on our review last week we mentioned the key $6k level that the bulls didn’t want to see breached. We came awfully close to breaching that level but found support near the region. However the bounce didn’t come with the volume that was needed. Which reinforces the case for the bears at the present time being. If volume doesn’t return and we stair step our way higher, it may open some

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By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
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