Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TERA
on 24/06/2016, 05:22:58 UTC
The short term rally is over. When you break through the lower 1D MA and return to nearly the starting point, the rally is over. The upwards momentum you are seeing now is due to brexit, which saw the GBP drop 15% and gold rise 6% over the past few hours.

I'm afraid I can no longer trade here anymore due to the issues at Bitfinex. I could lose my whole account if the site goes down while I'm on the wrong side of a leveraged trade (especially if its ETH). Hodling on-chain is a much better proposition and guaranteed to hold some kind of value. Since I'm already at the minimum amount of coins that I'm allowed to hold in a pact that I made with myself in 2013, I have no choice but to

HODL

see you next year (if there's somewhere to trade).