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RE: Bitcoin - Some feel good stats
That is pretty interesting for the amount of times bitcoin has fallen below 10%.
That sort of gives me additional confidence that things probably won't fall as low as a lot of people are calling for. Like $6,000 levels.
I was able to pull off a decent trade before that drop with 1 BTC and when the bottom fell out I gained 0.156 BTC and then converted it to Ethereum for now. I just had a feeling that we would get dropped on our heads again. I didn't want to risk my alt positions.
If it falls to like $7,000 I will likely inject more fiat.
I am expecting it to hold up around $8k, but we shall see. I was calling for this drop a while back, but since it never happened I was thinking we might be ready to go up without needing it. No luck...