Crypto Movers – what to watch week starting 27/11/2017

Bitcoin – has been on a crazy run from ~USD6500 up to a high of USD9800. If Bitcoin is going to crash, it will crash soon; if it maintains current price into next week, it might be worth a buy. If it crashes, buy; if it maintains current price give or take 5%, it may be worth buying before it inevitably rises further. Our position; hold long term.

Ethereum – has been waiting to run to $500 since May. Current price has held up well and seems to still be a bullish market. Our position; hold long term.

Powr – was picked up by Australian energy providers last week and rose to ~$1.20. Has retraced back to 70c area. Our position; buy and hold long term.

Komodo – has had around 33% rise in the past 3-4 days and looks to be setting up for a bit more of a run. Our position; buy and hold short term.

Bitcoin Gold – hasn’t really amounted to much, price fluctuates wildly around the $300 mark which can be a great opportunity for short term trading. Our position; sell or trade