I have seen more than 3 videos today. They give their views on where they think the bottom is.
Looks like we most of them see the bottom at about $3200. But because most of them have it at the 100 day moving average I think it will be above this. This is because everyone in technical analysis is seeing this and people are watching it. So people will start buying before this level. I think.
Below are the 3 best technical analysist on video.
.
The Chart Guys
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DataCash
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World Crypto Network
.
Great time to buy more Bitcoin, Steem and other crypto.
Where do you think is the low point?
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Colin Brazendale
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I'll be picking up a little more BTC periodically through this crash. Its going back to $5k someday and I'm not selling, so its a good time to accumulate.
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Agree 100%. It was a good time to stackemup. Even today.
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Colin, the disasters that have befallen the southern U.S. will run into the double-digit billions. The poor souls that have crypto-currencies will be selling to get USD to pay for rebuilding. This also significantly reduces the number of buyers and potential buyers. So this is also a declining factor.
What's wrong with my analysis?
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Good point about the floods. Maybe even some rigs got wiped out so great time to start mining. Genesis mining is the most reliable one.
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Yes, all true. Lots of things happening around the world today.
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Like Trump yeah.
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I say 2600
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USD ?? it will stay above 3000$ for sure
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All we can do is hope. And while we are on the topic of hope....I hope you have a WONDERFUL, WONDERFUL day and thanks for connecting on here. 🤠
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Yes we had a small dip below $3000 and then a sling shot to $4000. Crazy stuff. Seeing some consolidation now.
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Interesting times.
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This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
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Thank you @minnowpond1
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