Enough is enough!
Now it came down as fast as it went up. When it goes high we kind of feel its still going to go up and plot the charts and guess what happens it goes down. Well we had over 60% down in Bitcoin price from ATH and the people who then told, ahh i wish bitcoin was at maybe 8k or 10k could have thought of buying. But now hey, its going to go further down they say.
Well technically speaking we have broken the Fib retracement support at 38.2% Fib and i guess we can expect a little more volatility and see it probably hit 23.6% Fib level before reversal & guess what that also is a long term support trend line too. What i will be doing is to place a low leverage long around $7k range.
Blood red streets, how are y'all coping with it.
Cheers guys don't give up. We'll make ATH soon. See ya around :)
Bitcoin : 1EDEU9A9D1pJYGkM8JaEEUgdH7U8yUNeXp
ETH & ERC 20 tokens: 0x277be3fe5b9b6fed7eff380bff320f9c1caf69a2
that's right, and that is that all the cryptocurrencies are low, recover little and return to fall quickly. What we have left is to wait.
yea waiting patiently
This is the right time to buy it cos its gonna rice and will be like investment in future
i dont have open position yet mate for trade. in wallet for holding yea its fine to buy i guess
Yes @opeyemioguns this is the right time to purchase it,so that we have great investment in future and @amrashchandra will never give up until we achieve our aims. Thanks for sharing
Guess this drop in price of BTC is coming from Over sold and Price Correction. But some mentioned that becoz of Google will ban all realted Cryptos. Any idea please kindly share. Big thanks @amreshchandra for sharing your thought. :-)
Hey @andyjim. Thats one of the reason too for the downturn. sorry not sorry @google what else to say. Uncool decision
@amreshchandra - One other big incident that I would like to share is the result of Pay Off from the incident of Mt.Gox's Bankruptcy. As recently the trustee (Nobuaki Kobayashi) of Mt.Gox dumped $400 million in BTC and BCC on exchangess to pay off the claimant . So price of BTC is huge drop. And Soon there will be another big dump again.
Possible too mate but we could see a huge loong soon as we are approaching the support
wow ! Nice post ........... I agree
Cheers man thanks for coming by :)
Yes I believe bitcoin is gonna come back rise again
Yea lets get it going haha .cheers man
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