BTCS Inc (BTCS)

[Watcher411]

They are part of the collection that reflect bitcoin to a degree. So long as bitcoin travels in a range, or moves south, these will as well. Bitcoin is still in a downtrend setting lower highs, and lower lows. It's still a bear market. These will follow, although 0.04 held for some time.

Now, that's not to say there's not opportunity. When something goes significantly oversold, then there's opportunity to purchase low for a pop higher. Just looking at the chart, I noticed we pierced the lower BB today and then closed inside. There's a small gap in the chart, suggesting a potential bounce coming up to close it at some point.

As a disclosure, I am not in play on this ticker. While it's on radar as so many others are, I'll play when it starts to again make sense, if it again does. Just pulled a nice 40% gain on another non-btc ticker today, so while these may be out of season, my time is best spent elsewhere.

My recommendation is to review many tickers, select the best tickers in the moment, and ride them when they make sense. Dump them when you have your small wins. Good luck.