The Bitcoin Demand Area I'm Waiting For

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Going to $8500 would be a sign of strength for BTC

Everyone talks about bitcoin crash, but in my opinion is a quite normal retracement, and i'm waiting till it hit the strong demand area + 61,8% fib + complete the trendline to buy and hold bitcoins .

Notice the "demand area" how the price earlier went to the moon in no time, and that's a sign of many buyers in this area.

It would be a great thing if this stuff all got sorted and the 'threat of 8K' was taken out of play. Big money has too many alternatives right now and we definitely need new money entering the space. Expect some hiccups on the way up, as people will be leaving en masse once they have recouped their losses and new retail investors are more hesitant to enter.
former demand are, now known as dump area. if we get there, which we might in few hours, i think people will go bananas and start dumping the coins
Strong demand..... yeah because of the damn news about it. That doesn't exist anymore
Simple & clear. Thanks for sharing.
+2 Reply
malditoduende EspressoDopio
@EspressoDopio, double P for espressodoppio ;)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out