https://www.bloomberg.com/news/articles/2017-09-15/forget-3-000-the-bulls-may-have-lost-if-bitcoin-breaks-2-877
does that mean if we break the keyline of $2877 the bitcoin will fall even worse than the last days?
what do you guys think?
does that mean if we break the keyline of $2877 the bitcoin will fall even worse than the last days?
what do you guys think?
My opinion that it's impossible.
Can't break 3000 usd. After few days price going to 5000 usd IMHO.
This is good price for buying bitcoin today.
While you're still dreaming it cannot break $3000 here we go, $2977!!
market is still small and the orderbooks are way too thin and with that attribute it means price can easily go to some number if there is a large enough sell or large enough buy for pushing in other direction. that is in fact the reason why manipulation is rather easy here.
and as you can see curretnly price is $3241 and we had nearly a $300 swing because of what i said!!!
Well, if it broke, it broke.
We all know BTC will probably go higher in the long term.
But if the question was "will it break $3K?" it went to $2977, then case closed. Yes it broke.