You are viewing a single comment's thread from:
RE: Bitcoin Update (08.02.2017)
Hi Carola! In the short term I am bullish. 8600 looks like a level of resistance. If we break it, I expect we go higher than 9K. However I still need to be convinced this is the end of the bear market and it is possible we fall again to 6K, or less, once we pass 9-10K. It depends on the way bitcoin grows - if it breaks the resistance levels decisively, it will boost the confidence that we are in a bull market. Just my 2 cents.
I think BTC is a litle bit boring today after days of great outliers.
Or is it the silence before a big storm...?
I smell a storm. In the morning I was a bit more optimistic and was giving some chance for the correction to be over, but since we couldn't pass 8600 for a second time for the last 2 days, I will prepare for a new price plunge.
The 5th wave..? How will you prepare?
I'm waiting for bitcoin to reach 9K and I'm going to sell some alts -mostly litecoins, possibly some ethereum. Plus I will send some cash to an exchange (if Kraken lets me do it cause I couldn't last night - are there any issues with the site?) But don't follow me, please - my advices lead to severe financial losses and bankruptcy!
Hoi Alex, no I will not follow. I was just curious don't worry :-)
Kraken I do not use it, I have heard that they have some technical issues once in a while. I am on Binance and it is a very good exchange I think, It's fast and I have never problems. I am also on Hitbtc and once in a while problems with them..
Yeah, I use binance too (and bittrex), but I think one can't send fiat to binance? I use only Kraken for fiat, so I hope it works fine tonight. Or I may sell litecoins for Tether, but I really prefer not to do it.
Hi my friend @humblestudent every time you despress why?
We are mooning towards 12 k.
Hi Salah :)
No, I'm not depressed at all - just trying to increase my profits in the long term and to lose a bit less IF bitcoin falls again. It is risky, but bitcoin couldn't convince me till now that we are in an uptrend.