TradingView
BALE_FX
Jul 7, 2020 8:37 PM

Start selling your bitcoin now is all going down from here Short

Bitcoin / U.S. DollarFOREX.com

Description

Remember to look at the bounce off from the support and resistance level.... Start selling your bitcoin now is all going down from here
Comments
Ralferator
nobody knows for sure
SlenderLoris
@Ralferator, this lol.. But, I do hope we see more of a fall off.. I don't think (logically, but btc doesn't really move based on logic :/ ) that we can break out without a drop first. The market is too stagnant and with the current higher volatility of the more traditional markets, and even the altcoins for that matter, 9k btc doesn't seem that appealing. A drop to the 7k area will generate new buyers, as well as some good ol' fashioned fomo.. But, as you said, nobody knows 🤷‍♂️
Ralferator
@SlenderLoris, i also think it would make more sense for BTC to fall to arround 7k first. But also it seems to me like BTC a lot of times does exactly the opposite of what people are expecting. So i am not going to short but just hodl and wait
SlenderLoris
@Ralferator, lol exactly.. Im short from around 9.6, took half in the 8.9 area and moved my stop into profit.. just waiting to decide if I should hop out now or not. feel like I've been waiting for confirmation for years but its only been a week. Glad my trading platform allows sub accounts or I would be missing out on some decent scalps..
mixedfeelings
@Ralferator, yeah just buy more if it drops.
More