BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC in a strong demand / support area , possible retracement, long opportunity. 
Trade closed: target reached

Comments

thanks, lost all my savings
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smrsss spindriftur
@spindriftur, Your mistake for investing more than you could afford to lose!!
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@smrsss, joking lol...
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dont think thats going happen before 1800 mark.
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tradewonk shaxrashid
@shaxrashid, 1800 is too low.
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shaxrashid tradewonk
@tradewonk, thats the price that will scare everyone away from bitcoin. when bottoms happen they are quick swings and not many get on the board because of fear. at 1800 2000. not many will have the guts to jump on the train. they cannot possible shoot BTC from here . when was the last time you saw everyone getting on the train and on for a rally. whales dont like that. they will shake up the weak hands till they get out. thats how it has always been in any market. thats my take on it. 1800/2400 region is where this will create fear, panic and exit.
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tradewonk shaxrashid
@shaxrashid, Might be, but not in my analysis, you can already see the price jumping now. I think we are in a perfect buy moment.
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shaxrashid tradewonk
@tradewonk, of course, anything can happen in the markets. i will rather wait on the sidelines for that drop. yes ive bought XRP, but bitcoin is not convincing for me. plus its pretty useless.
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tradewonk shaxrashid
@shaxrashid, It is, but at the moment i look at the bitcoin chart to buy altcoins, or rather XRP which is 90% of my portfolio.
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shaxrashid tradewonk
@tradewonk, yes xrp is a must have, they are actually doing some ground work to justify what the company and the coin stands for and has use for rather than speculation. It will later on decouple from Bitcoin or probably the whole crypto network and move independently i believe based on its company performance.
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