
Due to the recent historic tipping point for Bitcoin, hitting $10,000 (and $11,000 today), I think there will be a lot of day trading around this range for a little bit, since there will be a lot of weak hands fleeing if they've been hodling/holding for a while at this point. I am in accumulation phase (and using Hexabot - more info HERE), so any market movements between $8000 and current levels won't make me flinch and anything below $8000 will probably put me in a buying frenzy.
I'm going to be using this same accumulation strategy for Bitcoin, Ethereum, Litecoin, Steem, And Ripple. I think the first 3 will experience a HUGE BOOST long-term for many reason, not the least of which is the fact that Coinbase allows purchase with a debit card and is one of the main 'beginner' sites to buy Crypto. Steem of course is something I'm accumulating because this site is one of my greatest passions in the Blockchain Realm and Ripple because of the integration it has seen with banks and payment systems, as well as its backing by The Bill And Melinda Gates Foundation (look up mojaloop). All of these 5 currencies I expect to do VERY well in the medium to longterm future, so I plan to accumulate and hold mostly for these coins. :)