On Monday, the price of Bitcoin (BTC) and alts such as Ethereum (ETH), Fantom (FTM) and many other coins (actually everything) fell sharply. Bitcoin lost more than 5% and Fantom even more than 10%. The reason for this is the unrest resulting from a lawsuit between the SEC and crypto exchanges Binance and Coinbase, but there were also technical indicators that showed a weakening market and a downward trend. Bitcoin price found support on that all-important 200-week MA, but the bounce has been very slight so far. In this video I tell you why I see this crash as an opportunity, why this fits my investment strategy and how I respond to it. I also discuss interesting buy levels of Bitcoin, Ethereum and Fantom in this video.
Bitcoin, NFTs and Stocks
David has been active with cryptocurrencies since 2013. In 2018, he became part of the Crypto Insiders team, sharing price updates and macro updates on a weekly basis. In 2021, in addition to his work as a shareholder at Catena Investments, he will be a Youtube Channel started to share his knowledge and insights about investing in cryptos, shares, NFTs and other assets. Do you want to know more about his vision and insights? Then follow him on his Youtube Channel!