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Bitcoin Weekly: Breaking Support
By ProButterfly  •  June 24, 2018

Last week we were moving along dangerous levels were flirting with the February lows. This week however the bulls couldn’t defend the key $6k support level and we broke down. Sentiment in the market is becoming increasingly dire as the resolve of hodlers is severely being tested. The key question that is on everyone’s mind is whether there is any bottom in sight. 

Trading without a Plan

This week a lot of people messaged about their bitcoin holdings. Sellers panic sold their holding and others bought thinking this is a good time to get in. Warren Buffet has said that the financial markets are designed to transfer wealth from the impatient to the patient. To give that more context I strongly believe that the markets are designed to transfer wealth from those who do not have a plan to those who do. Patiently holding a bag of

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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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