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matthewjohnston128
Feb 16, 2018 3:05 PM

BTC seems to be loosing the steam for the weekend.  Long

Bitcoin / U.S. dollarBitstamp

Description

IMO, we need more momentum to break through this level. Weekends are usually not the best time for this, so we may end up circling back sometime next week. Let the press spread the word about BTC hitting 10k again, and the masses to figure out how to buy BTC with their paychecks being deposited today. Or I could be totally wrong and we could hit 20billion this afternoon...

Your thoughts?
Comments
Fida4u
@matthewjohnston128 thinking about a 9500 entry, any remarks?
matthewjohnston128
@Fida4u, that depends on your personal strategy and trading or investment style.
Long term, I think we'll all be glad we got in when we did.
Short term, I recommend going outside and turning off your charts.
Box1515
Food for thought: Chinese New Year is today. When the Chinese investors/traders get up tomorrow, that money they took out for the holiday will likely start to flow back into the markets. It may be a happy Chinese new year for all of us. :p
Box1515
For the past couple months weekends have generally been in the green for crypto. Sundays and Mondays have been harsh for weeks though.
filbfilb
very possible. People (including myself) tend to get ahead of themselves.
matthewjohnston128
@filbfilb, That RSI just doesn't look like it can support the weekend.
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