Can you time the Market with Bitcoin?

We’ve all been there. You watch the stock market or cryptocurrency prices tick up and down, and you wonder if you should buy or sell. Is now a good time? What if I wait and the price goes up? Or worse, what if I wait and the price goes down? A lot of people think that timing the market is an impossible task, but maybe if we can anticipate smart money, it can be done. Here’s a simple theory on how to do it.

Dow Jones Industrial Average vs Bitcoin Price
Is the key to timing the market to watch both the stock market and cryptocurrency prices closely? Maybe it is? For our example, we’ll use the Dow Jones Industrial Average (DJIA) and Bitcoin. Let’s say that at 9:30 am on a particular day, the DJIA hits bottom while Bitcoin starts its descent to the bottom. This means that smart money is moving out of cryptocurrency and into stocks. At 1:30 pm, Bitcoin hits bottom while the DJIA is almost at a top. This means that smart money is moving out of stocks and into cryptocurrency. By watching both markets closely, you can get a feel for when smart money is moving in and out of each asset class. Then, you can make your own informed decisions about when to buy or sell.

Timing the market can be a difficult task, but it’s it impossible Sometimes it pays to watch patterns. By watching both the stock market and cryptocurrency prices closely, you can get a feel for when smart money is moving. Or at least today, that’s what it seemed like. So how will tomorrows market go? Will it function the same way?



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