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RE: Bitcoin needs to editing some.

in #bitcoin7 years ago (edited)

Looks like 7900/8k will be challenged to me. 3k Is where I thought it may end up in last December or January. I don't believe some of the stuff I see because the % of the moves are unbelievable. This is all foreign to me. I have never witnessed anything like this % wise. I treat everything in 1/2s or times 2. So take my 3 k with a grain of salt. Actually a lower low, points to a negative #. that's impossible. 3k isn't impossible, It hasn't made a lower low just yet. I don't know if it will. These % moves are above my paygrade. But I can divide any number or double them too. Doing this points to the possibility of that lower low. And a lower low points to a sub 0 number. This wont happen, 0 is the lowest it will go. So I could imagine 3k is a place it may go. Take out the lows of 2018 and its a good shot. Don't be fooled by a bounce after the lows are taken out. I went out on a limb weeks back. Time will show.

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I was hoping that 3k might come after new higher highs predicted this year. But, probably, this is a good time to test this level now. As a big whale I would do the same - push the price down and buy it as cheap as possible. Would be interesting to see how it goes.

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