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Hard reject of 20k, but as expected.

Long

Bitcoin / U.S. Dollar (COINBASE:BTCUSD)

COINBASE:BTCUSD Bitcoin / U.S. Dollar

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The alts we're going up so the BTC whales became angry again lol. This process can take a whole month, the resistance at 20k is pretty strong, although we luckily don't have a sharp top. As I said the faster the dump the more likely it is that its a scamwick.

Comments

or maybe there arent as many people fomo'ing than expected. there is no reason to buy at the top unless you wanna get dumped on

mixedfeelings

@mixedfeelings, I think it's more a institutional game now, the little fish hardly move the market.

what are your expectations

MxrshBTC

@MxrshBTC, i think sideways for 1-2 weeks between 18k and 20k

So it will continue to drop? you say for the rest of the month?

MonaySess

@MonaySess, it could but i see a lot of power with the bulls, it seems they are playing with the price at this level, this indicates we're going a lot higher in december.

Marginbuu

@Marginbuu, ok cool