The correction may not be over yet. The $10,000 mark was breached briefly last evening (EST). To me it looks like we have not yet had that capitulation drop on high volume. I think that is needed to get to exhaustion and set up a reversal.
RE: The fudders are going to need an awful lot of bad news to get Bitcoin under $10,000 that's for sure!
You are viewing a single comment's thread from:
The fudders are going to need an awful lot of bad news to get Bitcoin under $10,000 that's for sure!
What's your price level prediction?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am sticking with somewhere near $7,800, with an extreme case scenario near $6,300.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Word on the street is, that if it goes to $3,500 it would wipe out all the cloud mining businesses, and lending platforms to boot... and I would say good riddance!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Both are rackets. Sometimes you need a forest fire to get new growth.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Couldn't have said it any better myself mate!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree with that. One more huge spike lower to wipe all all the margined longs and then up up and away.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey, now that makes sense... and a good tactic if I do say so myself.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit