Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
blade87
on 04/05/2017, 22:56:41 UTC
I'm kind of glad this pulled back. It was starting to get very high anxiety there. I'm not going to be able to sleep if/when BTC enters bubble territory (which I think begins at $1800). I'm still expecting it to pull back a bit further. It always get oversold on a minor time-scale compared to the longer trend.

If we were trading at a range of $130-$160, the movements wouldn't feel as intense. But now that BTC is way up here, the $100+ swings feel like a lot. We are going to have to get used to this!