Thoughts on the Market 8/14/19

in bitcoin •  5 years ago  (edited)

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Those super large dips including today's dips are some massive players. Don't be fooled, this dip is in relation to both the stock market and players making the price dive. The good news is that aside from the massive movements the market is relatively flat. To me that would mean that retail investors and people dollar cost averaging in seem to be sitting on their satoshis.

We will see what the rest of this week will bring!

(if you look up top I managed to catch the Dow Jones Shooting up...a happy accident!)

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this will be testing the support level

it will, but because it's so manufactured I don't think it means that much. were this a slower curve I think it would matter more. A fast drop can correct up.