RE: [ Bitcoin ] Bitcoin Dump! Another dump on it's way?

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[ Bitcoin ] Bitcoin Dump! Another dump on it's way?

in bitcoin •  7 years ago 

What a dump yesterday. Looks like Bitcoin can surprise us going up to 20000 and down to 6900 or lower?

bitcoin
7 years ago by

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      ·  7 years ago 

    I am unsure what to do. Sometimes doing nothing is better. What if we go to 6900. Then maybe it is a good idea to sell some positions now with this mini bounce?

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      ·  7 years ago 

    Not a financial advice, but there's head and shoulders in daily chart, and yesterday's dump just finished right shoulder. Breakout might follow any second now. Bearish triangle on a longer time frame as well. When news were super bullish, we went sideways, google trends go sideways as well. At least the volume is declining, so maybe we aren't going into a bear market.

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        ·  7 years ago 

      Breakout to 7500

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        ·  7 years ago 

      I hope not, but with all this negativity we can go down to 6900 easily before we rise again. Do you think we will go down to 6900?

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