RE: Bitcoin: How to Read Those Bloody Charts? And My Short Term Prediction.

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Bitcoin: How to Read Those Bloody Charts? And My Short Term Prediction.

in howto •  7 years ago 

It's a rising wedge and sellers dominate buyers clearly. Supports are really strong but selling pressure seems stronger for now. If dynamics continue unchanged, I predict price meltdown. This could potentially go below BTC mining cost. What would happen then? It happened in 2011 and that wasn't so great I remember.

howto
7 years ago by

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      ·  7 years ago 

    Ah, now that's interesting right there! Tell me more about this BTC mining cost issue.

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