What's up my people. Seems like BTC is bouncing off the $9 200 level just like I predicted yesterday. Now we need to wait for a confirmation before we enter a trade (SHORT). We need to break 8200 in order to know we will keep going down, once we do then your shorting targets are: $7750 and $7250.
If BTC doesn't break from this point then our next possible bounce will be at roughly $9550!
good call. Check out the latest massive negative sell volume. People are skeptic on buying more. It's all about market sentiment, it's going down.
bethek
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I think the same bro we are still in march. December still far...
cI8DH
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300M tehter was printed very recently. I don't see BTC going down easily. It's good to keep an open mind for both bullish and bearish scenario, otherwise you'll miss the boat!
UnknownUnicorn2029062
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@hkh222, 300M in a market worth nearly 200B means VERY little. Basic math here.
cI8DH
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@DENZOSS, I totally disagree with you. In fact Crypto world's problem is that 0.001% of the market can easily reduce the price to near 0. I am sure if someone just places a sell order of 50k BTC in Bitfinex (no need to sell it), the price would drop by at least 50%. Crypto market value is just an indicator. If you have 100K BTC and BTC price is 10k, it doesn't mean that you have 10B worth BTC. Ask Mt Gox lawyer. Crypto market is still trying to discover its worth.