RE: Day Six

You are viewing a single comment's thread from:

Day Six

in tronbegone •  5 years ago 

the bitcoin dump is already happening and bitcoin have dropped massively to $7700 i guess this might be the best time to buy or we should wait a bit longer to see if the dumping will continue??anyways great analysis from you @edicted

Posted via Steemleo

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Yes, If Bitcoin crashes significantly under $7500 I would be very worried. Like, say if Bitcoin was sub $7000 for over 3 days. That would essentially break how consistent this doubling model has been over the last 7 years.


2020 Bitcoin baseline values.

JanFebMarAprilMayJune
$6933$7467$8000$8533$9067$9600
JulyAugSeptOctNovDec
$10133$10667$11200$11733$12267$12800

Yeah honestly I would say buy now... It's exactly between that $7467 and $8000 level... and we are right in the middle of the month. We are at the doubling line right now. Exciting to watch it bounce off once again.