Well, we just finished the journey to $5,000. It was longer than it should have been, but that's okay. So, now that we are here, what is next?
I am expecting price to go to $3,000 at some point, however, I will not be shorting from this point. We are way oversold on the RSI and it wouldn't follow my strategy to short here. Be very careful if you are going to buy at these prices. Be prepared for a serious decline.
This is not the death of bitcoin, but it certainly isn't its finest hour either and we will all need to regroup to rally again. Be smart and don't lose your money. The next bull run could be extremely beneficial for you. You need to have money to buy into it though :).
This market is still bearish.
Good luck friends, I hope you prosper.
-YoungShkreli
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Bought some bitcoin @ $4300
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have buy orders at $3500.
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We are fast approaching my 3k target. If price goes below 1K AND does not moon by the next halving, I will not be investing in crypto anymore. I will still believe it is a great idea, but I will not be looking to partake in the community. I will still hodl the coins until $0 however. Just won't look to accumulate stacks after that point.
Both Coin Cap and Bitcoin arrived at bottom of triangular convergence.
Now, Can I expect that the drop is over?
What do you think about this? I want to hear your opinion.
1) Coin Market Cap
2) Bitcoin
AlexKuptsikevich
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I agree with Short here! I still think about Sell for BTC (it's my thought of the previous week - and for now too):
Now, Can I expect that the drop is over?
What do you think about this? I want to hear your opinion.
1) Coin Market Cap
2) Bitcoin