The support at $11,000 melted away quick.
Will we get a rebound to $11,800 later today?
Let me see... as this seems to be the predominant way people are making buy/sell decisions about crypto right now...
Magic 8 ball says.....
But this is Crypto so if enough people shake the Magic 8 ball and get a different answer it will go and we should be at $14,000 tonight (note sarcasm)
I'm still holding my predictions from here:
https://steemit.com/bitcoin/@pawsdog/12-3-2017-the-market-view-and-trading-outlook
(I told you what was going to happen today, it's not magic, its charts and volume..)
https://steemit.com/bitcoin/@pawsdog/12-2-2017-the-market-view-and-trading-outlook
It's bouncing all over the place today... be interesting to see how Korea reacts overnight...
Yeah I'm wondering that too.. regardless the 3 day charts and 1 day say we are going south for a while..
That's fine... the consolidation is desperately needed to build some support for future growth.
The truth is we need a nice bear market at a predictable price point to form some real solid support levels that can't be melted through in a matter of minutes
And for some (ah, me) to try and grab some further investments at nicer prices...
agreed... :)