akberaa
Short

BTC going down in flames, China ban reaction?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Updating on my idea (linked below)

Target price 1 of 7550 is in play.

Target price 2 of 7,100 is next

I believe the market is reaction to chinese banning news, (https://www.ccn.com/china-ban-block-cryp...)
Feb 05
Trade closed: target reached
Reposting September news. Greedy people always sinking to new lows.
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this old news, warmed up and served again for FUD. not buying it.
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akberaa retiringsoon1
@retiringsoon1, possibly... but it hit the newspapers sunday again, same message (warnings) said over and over again scares retail investors or people substantive 'relative' holding in BTC.

be it the same news repackaged, or progress on a stated warning, the market is reacting to it and dragging prices down, as a "hodl-er" myself, i aim to go long with fresh cash, once i see a bottom.
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@akberaa, sorry, didn't mean to sound negative towards you. Thank you for sharing. I just wanted to point out this is nothing new, only manipulators trying to control the market sentiment.
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akberaa retiringsoon1
@retiringsoon1, all good bro :)

and yes, too much FUD out there.
+1 Reply
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