BTCUSD - Something smells fishy, something smells wrong.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
2375 13
Not sure. >.<
Feel i should cash out, watch on the sidelines.

Bitcoin hit peak price with peak popularity. Notice how public interest in bitcoin is fading. That's because human psychology in 2018. Today's news is tomorrow's history. Most people heard about it at the water cooler or saw it on Big Bang Theory episode, they got curious, some bought, most didn't and now life goes on. Unless something changes bitcoin isn't going anywhere, but neither is the price IMO. Streetsurfer I think you have a good gut feeling here because what the markets are showing in these past few weeks is it's time for bitcoin to consolidate for a good period of time while the altcoins get their chance to gain ground, just like they did from March - June. July - November was bitcoin's time. December - ??? will be altcoins time.
hahahahaha...just watch now ... Lightning Network is coming and when that comes true, we'll see the BTC fly as usual. The price in December suffered a high well above the standard of the year and therefore had the need for this correction. People making their profits towards the end of the year, people migrating from the currency because of the problems in the btc blockchain, miners were attracted to coins with better rates and profits, all influenced that there was this correction. I already imagined that in January this trend would change, and my expectations are already showing real. The first updates in the blockchain are already scheduled for this month. The price has already broken the trend line down and has already broken a major resistance, creating a support. In the next few days the most likely is that we see the price going against the historical maximum. It is now a matter of waiting to see what is really going to happen, without going crazy at the swings. Good luck!
Didn't you buy on the dip? looking to FUD to buy some more? Sorry, we on the way to ATH now.
Pretty much had a seizure trying to decipher this chart. you're actually hampering your own message with too much info
the only way is up, why so negative ? New ATH later this month :)
+1 Reply
prep16505 Strybie
@Strybie, There's also this other way, called down. Both are possible.
They will dump huge amount they can't make it break current resistance.
hi, got the same feeling, i can not find any pattern after 22 december correction ABC (or A)... it looks like BTC wants to keep on droping but "someone" in critical moments pumps it up.... or it is just very irregular corection, but if you compare 2 weeks before and 2 weeks after 22nd dec .... now i looks very dynamic like never before...
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