Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 15/05/2017, 08:37:54 UTC
Fun while it was going up. Now we are going to see a correction.. back to 3 digits.

Care to make a wager on that?

The odds of getting to 3 digits are not too favorable.

gotta get past support in the lower $1,600s and then support in the lower $1,500s and then support in the $1,200 to $1,300 range and then finally support in the supra $1,000 arena.

So, yeah, it is not impossible to get to 3 digits, but it is NO WAY near any kind of given to get below those various support areas - especially when recently we seem to have been experiencing some increasing trade volume with a seemingly considerable amount of ongoing buying pressures - even at these high... really ATH prices.

I continue to be amazed by this.