Post
Topic
Board Speculation
Re: Nights Watch by Afrikoin
by
Majormax
on 16/07/2017, 13:58:57 UTC

There is NO way this will continue falling without a correction all the way to $1000. We are oversold on almost every time frame except the monthly. Like I wrote we are approaching some kind of a bottom. It could be a brief local bottom where we continue downwards or it could be a final bottom before new ath. Time will tell.

Agree. I am looking at the medium to long term. Of course there will be corrections, but the trend is now down, and there will not be a new all time high for a couple of years or more.

for ethereum yes, for bitcoin no
enjoy your lost opportunity

We will find out !  I will play it as I see it. Maybe I'm not completely right. Timing is also difficult, but I am confident of the big picture.

 If the price were to get decisively above 3000 and stay there, that would indicate that I have to rethink.