Bitcoin(BTC/USD) Update 01/02/2018: Bloodbath, Nothing else!!!

in busy •  7 years ago 

Bitcoin is really witnessing a strong sell off in today's session as it is down over 11 percent and at session low of $8917.
BITCOIN.png
Next possible support appearing on chart above is $8000 level.
So. watch patiently for 8k level before any new buying position.
With that said, I am signing off this short update.


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The Tether situation is weighing the market down BIG TIME! Nobody knows what to expect from Tether at this point. We could wake up one day and see Bitfinex and Tether get taken down by the authorities Liberty Reserve-style.

yes, reuglisation is taking its toll

what happen to crypto market , can bitcoin will p again and cross 30000$ end of this year

that is speculation, and crypto market is facing correction in face of 100s of percentage of rise

We do not know whether the market will fall further. It will be reasonable to buy coins gradually. For example, can divide the sum for investments by 4. Buy 25% now, 25% if the market falls even harder and so on.

dont catch falling knifes, let them fall and then pick up

I am afraid when it will down under 5000$ !!!

yep!!!

Thanks for informTion
We will be seeking furthet more in future.

Buy Buy Buy Buy !

ok, best of luck!!!