Are you planning to buy BTC?

[PhoenixJ]

Lower than 60k mate and we topple the government.

The likelihood of this happening is pretty high.

 

[PhoenixJ]

I posted my analysis guys. Tell me what you think: https://www.traderji.com/community/threads/btc-technical-analysis.112336/

 

[ChadPowell]

Well I actually did but I wish I did not.

 

[FXO_trader]

I doubt it's going to get any.

It all depends on the buyers and sellers. So far the bears are winning.

 

[ImogenBeaumont]

The likelihood of this happening is pretty high.

Yeah, you are right actually, and I checked the analysis it looks very valid and on point to me, and based on it we can tell it will be going much lower than it is now. Kudos mate, well done.

 

[PhoenixJ]

Well I actually did but I wish I did not.

I feel your pain mate..

 

[PhoenixJ]

It all depends on the buyers and sellers. So far the bears are winning.

Look at this chart here the point I am showing is going to be the result of the bear and bull fights. Let me elaborate. If the point I am showing is passed and the support level didn't break through, then majority of people will conclude that 'OK! This is it. This is the lowest price it can go since it's not going any further, this is the perfect place to buy'. Therefore, the bulls will take over Everyone starts buying BTC. If it drops then next level $55K and the next level is $53K. There are two support levels at these prices.

 

[PhoenixJ]

Yeah, you are right actually, and I checked the analysis it looks very valid and on point to me, and based on it we can tell it will be going much lower than it is now. Kudos mate, well done.

Thanks mate. I appreciate it.

 

[Elektra-Greene]

Its so sad looking at that Bitcoin chart

 

[Antho]

Its so sad looking at that Bitcoin chart

Yeah, it really tests your nerves -_-