Bitcoin heading to the great beyond

Bitcoin has sky rocket far to a greater height against the US Dollar where it never been gone to before and it currently sit on 23,0000 value. This is so incredible and of course the new high certainly will trigger financial media frenzy reporting that might make it goes further up.

However for traders this is the danger territory that becoming more dangerous to trade - going to a new territory never been tested before pose a great danger to its fragile foundation. As for me i will just become a spectator to the stellar rise of the bitcoin - because getting into the trade is like walking on a land mine. A titan reversal awaits the as the volume becoming saturated it might just crumble like no tomorrow.

Remember there is nothing that goes up forever - it's just a simple principle of nature. Everything lives in a cycle just like the rest and Bitcoin is no exception it's just a matter of time.

   

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