Time to Buy?!
Is this going to be us all weekend? The current price of Bitcoin is $11,574.97 as I am writing this. All cryptos have crashed in the last 24 hours. Are you buying the DIP yet or are you waiting to see it go below the deck of $10,000?
Good luck! Cheers!
Brother last time it was moved from 5500$ and stay on 19783$
the gap is 14283
its show it will coming back first target half of the movement now it cross the half movement now it stop at 8900@ usd it it cross it then it touch again at 5500$
It's creeping back up already. All of my alt coins took huge hits while I was sleeping.
Good question, and what's on everyone's mind. There's no fundamental value in crypto, so there's no logical price to step in and buy it. It's ALWAYS been a confidence game, and in a confidence game, you're trying to guess what a herd of gnats will do next-- which is of course not easy.
We weren't really able to trade our crypto when bitcoin was $19k, due to large fees wiping us out, so we certainly can't do anything now either. What's the wait time and the mining fee to even sell a bitcoin right now at $11k? Cuz that's the even better question!
It is going to be an extremely volatile weekend for sure
Personally, since futures started for BTC, I am more looking to ETH, LTC. The corruptors have now gotten involved and Bitcoin is soiled. At least for the near term. Not to mention the fees and ludicrous tx times.
There is still a lot of space down the green line, if not the lower red line:
I will buy only at 8000 to 5000.