Bitcoin has no fundamental value “at this time” as a measure of its price. That makes it perfect for trading technically with one exception. It is a thinly traded and some big coin players do manipulate the action, so technicals only work part of the time. We must always be alert to sudden price shocks if working Bitcoin. For this reason, I prefer using Osprey Bitcoin Trust (OBTC)* as a surrogate for directly trading Bitcoin. It gives a slightly delayed reaction to directly trading Bitcoin. A type Continue reading