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UnknownUnicorn281561
Jan 24, 2018 8:44 PM

Can you recognize the differences? Short

Bitcoin / U.S. dollarBitstamp

Description

Nasdaq composite IXIC and bitcoin. Where is your entry point for long position? 10K looks like a strong support? Maybe...for short term

Comment

Comments
Bartdeking



Everyone can play with charts dude ;)
hahaha
Bartdeking
@Bartdeking, BTW @AhmadTamim I am not saying that it goes up in the upcomming months dont get me wrong.
but I do not see many obsticals at the moment.
no mount gox is crashing or somthing like that ;)
filipnr1
@Bartdeking, I love how bull will neglet this pattern till BTC drops 80% from ATH
goldbug1
All in perspective
LexTDMA
@goldbug1, Nice
josephtse
@goldbug1, Both Amazon and Nasdaq fell 76.8%, and I'm expecting the same thing to happen to BTC, before moving higher like old faithful Amazon did. I will be surprised if BTC doesn't breach your blue trendline above.
goldbug1
I think this is a better example.
Hbjornseth
You're taking 6 years of data on the left, comparing it to 6 months of data on the right. This could in theory be the same as the dip between 1998/1999 if you zoomed in. I'm not saying it is, but it could be. I guess time will tell.
Exercise-Discipline
@Hbjornseth, Cycles have shrunk over the years, as information flows faster and trading is more automated.
TheCryptAlpha
We are not going back down to $2,000 no fucking way
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