Quote from: silverfuture on January 05, 2018, 10:28:28 AM

Quote from: milkshock100 on January 05, 2018, 08:31:35 AM

His last advice was any purchase below 11k is safe

No it wasn't. I'm sorry but you are being dumb and shitting up the thread. Please act more responsibly from here on out.

These are his last words on the subject: (TLDR: bull run still in effect, buy the dip)

" We continue our analysis with a simple but effective method. Hump / hollow. The main rule of the bullish trend is that the new depression should be higher than the previous one.

According to this rule, the long-term trend is still alive.

In the short term, one more spurt down the test for $ 10k. Level 16400 is the level of 62% of Fibonacci. However, as can be seen from the figure, bitcoin likes to go out of such holes bluntly up.

In general, I see no signs of a weakening of the long-term trend. In the short term, you can "fool around", but I recommend buying out bottoms. Even $ 8000 is too bad, but in the positive zone of the weekly BB.

Greetings to the misters "The bubble burst". I've heard you dozens of times in six years."

sorry didnt want to appear to seem negative. I guess my thinking was that in his opinion there was no chance at all to go below 11k.