Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 15/06/2017, 15:31:24 UTC
Good morning Bitcoinland.

Just got back from acquiring a bit more coin. Wish I could have afforded more. Didn't quite catch the absolute bottom but came close.

It's rebounded over $100 since... currently $2285USD (Bitcoinaverage).

Do you think this correction is done yet? It's still not as deep as the one from May 25-27. It would have to go below $2k do match that.

Hard to say. Usually there are 3 legs down. The troll shorts usually aim their biggest bag of ammo somewhere in the middle, with the last one barely breaching some psychological barrier (like $2k for example) before giving up.

I guess it depends on how much ammo they got left.