Buying Bitcoin not a safe Idea? | 29 March 2018

Wave Analysis:

Bitcoin continues to decline in value following the recent ban on Crypto currency ads by google and facebook. Twitter is set to join the rest, few days to come in banning the advertisement of Crypto currency to it's client base. We expect further decline in value during this expected announcement and even in the subsequent days. Thus, we're not in any hurry to buy this Crypto, rather, we choose to hold onto our sellers. We are eyeing a break below 5897.46, to confirm a possible rally towards 2354.4 or even lower.

Trade Recommendation:

Not the best time buy Bitcoin

The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.