Everyone wants in on around the $7000 Long

BITSTAMP:BTCUSD1W

Bitcoin / U.S. dollarBitstamp

Description

⋅ Oct 1, 2019 9:06 PM

So it's probably not going to be there. So big question is: shall I buy more around $8300???

Chart Patterns Trend Analysis

Comments

SavvyEvelynCharts

⋅ Oct 1, 2019 11:44 PM

why do people assume demand... not everyone wants a 7000 btc... the worst ta is those who assume demand without any evidence other then avg ppl saying things

bordev

⋅ Oct 2, 2019 5:33 AM

@SkylerBTCtrader, avg ppl now are pretty fearfull saying things like "4000 btc soon" so that tells me to be pretty greedy. It is a strategy that till now worked out pretty well for me.

bordev

⋅ Oct 27, 2019 10:56 PM

@SkylerBTCtrader, I hope you bought 7500 like me. Assumption was right.

IanArden

⋅ Oct 1, 2019 9:22 PM

Could be. That said, everyone was planning to buy the 8500-8900 CME gap and then to the moon; what if we actually go way below 7k? ;)

bordev

⋅ Oct 1, 2019 9:28 PM

@IanArden, well that makes me think of time frame June 2014 - Jan 2015 but those were pretty different times if you were there (post mtgox depression)