It has sold off but i think it now has some up to it. it went from $11,202 down to $10,139 at the time of this post. I dont care what happens to it. if i see a buy signal i will buy if not i will set back and see if Warren Buffet is right when he said to buy a 5 year put......
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it sold off more today. i thought i would go up to the daily 21 moving average before heading back down to the 200ma. if it breaks(or penetrates the bitch) it could break down even lower.
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before the major sell off i had tweeted out that i thought it would go to $8k. Unfortunately my twitter was blocked, so i have no verifiable proof of it.
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i was not watching bitcoin overnight so im sure there was some indication that it would continue to sell off. but i will stay i was wrong on thinking it had some up to it. with that said i did enter or exit the market biased off my analyses so there was not enough for me to be certain.
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