RE: Bitcoin Blood in the Streets | Be GREEDY!

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Bitcoin Blood in the Streets | Be GREEDY!

in bitcoin •  7 years ago 

Can you explain how you decided that 11-12K is a good entry point for yourself ? What indicators on which chart timeframe did you use, in combination with other historical data points ?

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There was support at that level, Bitcoin trading at around that level before bursting up to $20k and it is a level that just makes sense for most people who want to overcut $10k to ensure they get it before it bounces back (assuming it does).