RE: Bitcoin may be in oversold territory once again

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Bitcoin may be in oversold territory once again

in bitcoin •  7 years ago 

Think it's gonna form a new ceiling at 2400-2000 for a while (several days at least). Once it breaks out, mooning to 3.5k+.

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You mean a floor at 2000-2400?

Nah, ceiling. New resistance forms on weekends + aug 1 coming up. I predict it's going to plummet before coming back up.