It's going down, I'm yelling timber...

in #btc8 years ago

You better move, you better dance...

Let's make a night you won't remember, I'll be the one you won't forget.

Something like that. :)

Here we are a week later, and things couldn't look more different than this time last week:

The question on everyone's mind, will prices hold around these levels or are we destined to restest those lows?

A lot of people have been saying we are going to retest those lows, however, I think we are going to hold up in this area right here and then bust that downtrend line to the upside.

But I am forever the optimist. :)

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Good composture

I am also optimistic like you , hoping for the best

I'm with you. Pulling charts out to a year and looking at a long term trend, I bet we get some support at around the $8500 mark. Where were you thinking the support line would be? I like your optimism!

I am thinking anywhere from about 8,500 to about 9,500. Should be some support in this area.

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