@mageve09,
100% There's hype around bitcoin going to 100k but remember as we broke the previous high there would be a flood of retail orders. Thats what we call liquidity. Institutions will use their orders to drive price lower and once again buy it back at a lower price!
vollman1
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It will never go below 40 again.
battenandreas
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Lol these same people called the top at 12k, 16k, 19k, 20k, 25k, 30k, 40k, 42k, 50k. Good track records so far. I just think some people got burned so badly by the last bear market they keep on betting for it to topple over.
ahmad_ash123
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@battenandreas, I think you're sadly mistaken. I never called these tops. However I will refer you to my previous bitcoin trade where I called this bullish move catching 96% to our members!
So I'm sorry to break your heart but as you can see my analysis speaks for itself!
Knishant
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Lol! You smoking something?
ahmad_ash123
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@Knishant, Its all a case of institutional trading. Your word against mine, institutions against retail trading ;)
ahmad_ash123
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Beautiful Movement on Bitcoin. Exactly as expected! Well done if you’d capitalised on my idea!
JustJayChizza
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If we continue moving up like this without correcting, at all, the fall is going to be NASTY. Every time BTC goes up 1K in price, the bull market becomes that much shorter. At this rate, we'll top out at 100k in April and then the bull market will be over as we crash down to 20k.
ahmad_ash123
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@JustJayChizza,
Definitely possible that the bull market continues but it goes against how institutions trade. There is bound to be a push lower to take retail traders out of the markets!