Opinions
Keith Richards
Bitcoin
XBTUSD-CUR
BUY ON WEAKNESS
Nov 25, 2024
N/A
Stock price when the opinion was issued
0
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DON'T BUY
Technically, looks great. Chart shows a huge consolidation zone and then a breakout. If it were a stock, he'd say to go for it. But there's no value associated with the price. The whole idea has a host of issues. Go back to 2018 and look at the chart. So you can roll the dice and buy it, but don't blame him if you lose money ;)
Evolving from this crazy, speculative investment to a real deal. Lots of interest in it. Good rally late 2023, paused, then broke out. Overbought, due for a pullback and then may consolidate. You want to see rallies and consolidation. Don't want to see a breakdown, and there's no sign yet.