I love it when it's going according to the proposed plan ...
The lower boundary did break though due to the panic finally setting in.
The most likely targets are 4400$ or 3000$. But note that if 3000$ breaks, it could mean freefall to 1150$... I don't think anybody wants it that low other than people saying crypto is dead.
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that's pretty good. BTS @ $0.053, gotta love it. Never thought that would happen anytime soon again whn it reached $1. Now here we are...!
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I hope somewhere in the 4’s it bottoms, that would fit some Fibs good as well.
Maybe Rally in December again just like last year?!
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Yes it looks like a december rally. Even better if it ends November with a bullwick.
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Let’s hope so!
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market is getting crushed, wouldn't this qualify as capitulation ?
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Yup, the weak hands are panicselling. This is the capitulation needed to clean this market.
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That will definitely shake off all the weak hands :P I hope we don't have to go this low tough.
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I did say that I liked the third scenario in one of your previous posts. I've been converting my SBD to STEEM while it was going down. Even sold some of my STEEM Monsters cards for STEEM. What do you think the bottom would be. I think we might even go to somewhere around 30 cents. What's your take?
Are you kidding me. Those prices would be heavenly. That should bring STEEM back to 7 cents. I'd love that. Less posting on STEEM would also mean more rewards for those of us who do post.
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Believe me you don't want 1150. Even for me this would be insanely hard to invest a dime this low, because it would be too damn close to zero. I'd have huge FUD.
I think the low could already be in soon. I bought Steem @ 60, @ 50 and @ 40 cents already.
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I missed buying BTC while it was few hundred dollars. I have given up on BTC. But $1150 would be a blood on the street opportunity for me. I have basic security because I live with my parents. So I don't mind a harsh winter if it means better profits down the road :-)
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This third count you are referring to does not look right anymore. The bounce did not occur and the symmetry would be far from normal.
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The one thing falling faster is BCH.
Trading BTC -> BCH may be a good swap, however
Do you have any thoughts?
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Let the dust settle. BCH may come out stronger than ever, or it will die.
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If BCH die, I dont see BTC will survive... as BCH was meant to be a “solution” for BTC..
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Nuclear power was meant to solve our energy crisis and reduce C02 drastically worldwide. That didn't work out so well either...
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But they still exist and countries still using it
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