Is BTC Reloading?
- Thread starter Lee-Bax
- Start date
Good morning all, checking back on Bitcoin today. Few small bearish candles on the lower timeframes and its panic stations across the board. Last time out I drew what looked to be a bearish flag . Technically it was to drop further, which is what we got. But what I am taking from this bearish time in BTC is the strong weekly demand zone we cant push through. Three times now its being tested and each time its higher than the last. I am holding my buy until at least this weekly demand zone is broken. I believe this is the bottom, but I could be wrong. GLIYF
https://decrypt.co/72992/bitcoin-tu...ferral&utm_campaign=feed&utm_source=flipboard
Interesting scenario. Bitcoin tumbles because authorities are able to track flows of money.
It's time for Bitcoin to make a stand. Either it's going to be a rebellious bad boy play for dark money to flow freely, or it's going to be legitimate and will have to let authorities track transactions for dark money. It can't be both.
If this tumbling is the answer, it's time for me to pull my money out of Bitcoin, because it will lose all legitimacy.
Interesting scenario. Bitcoin tumbles because authorities are able to track flows of money.
It's time for Bitcoin to make a stand. Either it's going to be a rebellious bad boy play for dark money to flow freely, or it's going to be legitimate and will have to let authorities track transactions for dark money. It can't be both.
If this tumbling is the answer, it's time for me to pull my money out of Bitcoin, because it will lose all legitimacy.
I have a flash-crash(?) limit buy order for $25,000/btc just in case
I have no patience, ended up buying a couple of btc's at $36.5K
Planning to hodl all btc's until eoy
i think this latest FED FUD's run its course
Good evening all. Been a little while since we looked at Bitcoin . Was I right in calling it the bottom last time we checked in on our buy position? Time will only tell, but it certainly is giving us some hope. We have what looks to be the low and a higher high and a higher low. I am not counting any chickens yet until we break back above the moving average s it could just as easily come back down. But all ok so far, in profits by 5892 pips the most since we bought. Fingers crossed this is the stat of the next push upwards. GLIYF
Looking back in on Bitcoin today. My last buy position was stopped out in profits. This is the best way to tackle the current Bitcoin chart. I see a lot of people calling it the end for crypto etc etc just because we have a small bearish run lol. Crazy talk, for me until we break this low I have marked out I am looking for buys. The first initial bear drop created the low and we still haven't visited that price again since. I am always willing to risk 1% of my account on a stop loss here at these positions for the potential huge possible returns. Trading is only scary and risk if you over leverage your position. Be sensible and take the positioned risk. GLIYF
Yea, this forum gets a lot of posts when bitcoin and cryptos are going down, lol, but they disappear when going up
