after being long from 8k and taking out positions every 2k i believe btc has reached its peak and will collapse down to more sustainable levels (no positions) - this would be supported by the current fragile global economy and worldwide fincncial retracement that is required to happen
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Rebound up to 49'000 before further continuation down
CURRENT DEMANDING MINING 1 BTC IS NOW AROUND 1 BTC FOR 6000 USD CALCULATION PERFORMED ACCORDING TO THIS OPTION: coinwarz.com/mining/bitcoin/calculator PRICES AROUND 300-500K FOR 1BTC ARE IN THE NEXT YEAR ONLY WISHES THAT HAVE NOTHING IN COMMON WITH THE REALITY AND DIFFICULTY OF MINING 1BTC. I CAN'T IMAGINE THAT BILLIONARIES WILL PAY 20-50X MORE FOR BTC ON THE STOCK EXCHANGE THAN FOR BTC WHICH THEY CAN HAVE WHEN THE REALIZATION OF LARGE MINING FARMS.
BullWick
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@fluorforest, good point. I really hope this downtrend happens so i can trade up my bags. but this still just seems like we putting in a 4 here and a 5 will blow the roof off before a blowoff top.
CryptoStockCoin52
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this is the definition of apophenia
TeddyBands
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you suck bro go home
fluorforest
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OF COURSE, I WANT PRICES AROUND 300-500K FOR 1BTC BUT ON THE BASIS OF FACTS
PRICES AROUND 300-500K FOR 1BTC ARE IN THE NEXT YEAR ONLY WISHES THAT HAVE NOTHING IN COMMON WITH THE REALITY AND DIFFICULTY OF MINING 1BTC. I CAN'T IMAGINE THAT BILLIONARIES WILL PAY 20-50X MORE FOR BTC ON THE STOCK EXCHANGE THAN FOR BTC WHICH THEY CAN HAVE WHEN THE REALIZATION OF LARGE MINING FARMS.