Agreed. I think the 1350-1150 range would be a great support level. Of course it would take a lot more panic in the market to push it that low and buying back might be difficult after the ride down.
See my blog post "Bitcoin Balls" i think there is lots of truth in what is said here on this reply string. I however peg the re-entry @ $1600.00. but i also give the year end prediction. As for the Steem as an option i think it is a good one. there is also a few other worth looking at.
Nah 1600 the most, sell volume weakening on a weekly and daily charts , good sign. Im very bulish on BTC, we may see Bitcoin at or close to 5k this year
not out of the question but i dont think 1000 would last long. Really all depends what happens this summer.
Agreed. I think the 1350-1150 range would be a great support level. Of course it would take a lot more panic in the market to push it that low and buying back might be difficult after the ride down.
See my blog post "Bitcoin Balls" i think there is lots of truth in what is said here on this reply string. I however peg the re-entry @ $1600.00. but i also give the year end prediction. As for the Steem as an option i think it is a good one. there is also a few other worth looking at.
Nah 1600 the most, sell volume weakening on a weekly and daily charts , good sign. Im very bulish on BTC, we may see Bitcoin at or close to 5k this year
Agreed
1600? Nope we are going lower to test the previous weekly high at 1350. Here is what I am seeing. https://www.tradingview.com/chart/BTCUSD/yX2h5PVG-Major-bearish-RSI-divergence-Plus-possible-H-S-Bitcoin/
I hope you are right, that would be a great price to buy back. Time will tell, for now its a waiting game.
Good analysis and thanks for replay