Check out this news on Bitcoin today Sept. 5th. All credits going to CNBC. Goldman Sachs did NOT settle for the price of Bitcoin. Like I said... too expensive for banks. Retail traders will settle for anything. Not a Investment banker that has back to back months of winning trades for years. Maybe GS will come back to the table at a better price like $1100 or under $1000 a Bitcoin. We may get some bullish months when Bitcoin reach $2500 I hope.
okay so i was thinking shall i comment or shall i not or shall i. okay, im going to comment. so you think buying BTC at 1k a brilliant idea. lemme tell you this; no it isnt. if BTC will ever drop that low will make it merely impossible to mine -> so BTC will die. secondly, for it to even recover to hit 3k will take YEARS! so i don't know what you are on about! we all wana get our coins cheaper..we all wana make money here. you can trade collecting coins or more BTC on bounces than wishing it to drop dead cause your profit will take SOO many years to come. im glad the market aint controlled by your hopes and wishes.
loa1975
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@AsmaHassan, It's just a correction. People's heads go bonkers when BTC pulls back a little, smh... Good comment AsmaHassan!
Asma7assan
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@loa1975, Thanks! As long as we are safe and sound above 6.8k we can call this a higher low formation. Also, it was expected since volume was running low and we were going up steadily for the past week minimum. Its only healthy that we pullback. We formed an ascending triangle and this was a bear break from it like majority of this pattern formation. Normal. i don't see a reason to panic.
Asma7assan
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@AsmaHassan, Must I add, weekly looks sexy asf! so we are good guys
AlphonsoElliottJr.
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@AsmaHassan, You say the weekly when you did not consider that the monthly candle is in control. lol
AlphonsoElliottJr.
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@AsmaHassan, We will see in the near 2020 future. Think like a bank! This news from GS is going to shake alot of people, it may even shake the ones who are mining causing them shut the mining down. One more problem is that people think they make money... Money makes Money like Iron sharpens Iron. Do not trade against Goldman Sachs.. You will surely lose your crumbs of Bitcoin.
Asma7assan
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@AlphonsoElliottJr., Goldman sachs arent the only players in this game. Secondly, we bounced so many times every time we hit 6k, do you not think smart money will come rushing in before we even go as low as 4k? no hun, you are widely mistaken.
AlphonsoElliottJr.
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@AsmaHassan, The problem is soooo many people bought into this area September 1. So many people was bullish. Do you atleast understand that?
Asma7assan
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@AlphonsoElliottJr., I saw the shorts spike high as ever too! im telling you i was wary of this dump before it even happened! i expected that and people who knw their shit will know that a drop was imminent. a speedy pullback of 5% doesnt call for a 2k ...do you atleast understand that?
Asma7assan
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@AsmaHassan, but why am i even arguing with you about this. the market wont go by your hopes or wishes nor mine. clearly, you are an ultra bear not knowing wat hes wishing for. like i said, i'm glad the market does whatever the market wants!