RE: Bitcoin Market - Staring at the Bear.

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Bitcoin Market - Staring at the Bear.

in cryptocurrency •  7 years ago 

" lack of new money "..makes perfect sense. I'm out of BTC still but looking for a good re-entry point. I think I'll wait a bit!

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Hi @scalerman look for a giant red candle or an accumulation pattern (prolonged sideways price action) to make your entry.

Thanks @Dan! I see BTC up 2.5% today but Im going to look for that red candle you mentioned first. Cheers :)

one more thing @scalerman, if we start bouncing from there and break $8000 then I'd say that could be quite bullish.