mycotoxin

BTC thats a doji on the bottom, this has to move to 6600 Grrrrrr

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
218 views
6
BTC thats a doji on the bottom, this has to move to 6600 Grrrrrr.
Comment: I'm puzzled by BTCs behavior as a Doji on the bottom of a downtrend normally indicates a reversal. Albeit judging by the size of this Doji it would be a temporary reversal.
The longer the Doji the stronger the bounce. Id expect a temporary bounce at least to 6600 in this case and i'm hopeful we may get one,

Comments

Its a bearish market, Whats the confusion. Once it goes to say 7500 then bulls are back. Sit back and watch the show.
Reply
you think so? we have a huge Bearish Butterfly harmonic. ...and we've yet broken the trend line from 20k.
Reply
mycotoxin TreeTruffle
@TreeTruffle, There was indecision on the direction and the bulls pulled it up and gave us that nice Doji and now what ? Where is the follow through move ?
Reply
This market is frustrating! Bears have an interest to pump this sucker at least to $7k-8k then dump. Pump and dump at least, but just dumping and eventually you will have no room to keep dumping and people will be too afraid to enter the market again as BTC will be worthless. So basically your just dumping to kill the market!
Reply
mycotoxin Derekf425
@Derekf425, well stated , plus whos going buy if everyone is dumping ?
Reply
Derekf425 mycotoxin
@mycotoxin, Exactly sure you make money in the short term I get that, but crypto is still a fairly new market with lots of room to grow if we support it to grow. If we just dump the market and become greedy the mainstream will just see this as a pump and dump and then how do you encourage new mainstream buyers to want to invest in the market when its sitting at the bottom at $1000 or less like the bears want it to be at. They will be left alone at $1000 with no buyers lol
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out