The BTC is still reduced The main target for the next few month, will be 133 After reaching this level. BTC can start the upward trend.
Comments
BitWave
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fancy chart.. but what does that mean?
ZarNegar
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The meaning of this chart is that, BTC will surely fall to 113
I have no doubt this scenario
MoonTrader
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How can you be so sure?
OmgImTrader
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Good TA makes traders sure. No big deal
MoonTrader
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There's no such thing as having "no doubt" in TA.
OmgImTrader
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When btc was in 600s I had no doubt it will crash. That happened
MoonTrader
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But you couldn't know that for sure at the time.
OmgImTrader
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I knew that for sure.
MoonTrader
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What's that thing they say about hindsight?
xpierro
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Overvaluation is overvaluation. I never traded bitcoin, and ESPECIALLY when it was around 600. Why ? Because I can't use them, nobody can, those who can are shady for most, nobody understand the core principles and I have trouble making people understand the intrinsic value of it or even the use cases. Brokers crash often, are made by magic card traders, the cryptography behin it, albeit perfectly safe, has been made by someone completely unknown. Banks and government, that people criticize all the time but goes to, crying, when things goes a bit wrong, condemned strongly an unregulated currency that would make their countries unable to pay their debt if it was ever implemented globally. Look, the bitcoin is like a worldwide Euro, everyone can use it but no central political gov can pour trust in it to print more, rendering it useless as a real currency. In a word: we are so not ready than paying 600 for a number on a screen is a lot too much. Everyone KNEW it would go down.