Post
Topic
Board Trading Discussion
Re: One more leg down - price to 8000 - 9000 area?
by
carter34
on 23/01/2018, 20:02:46 UTC

Hi Guys & Girls!

I am hoping to buy some more bitcoins in the 8000-9000 area. Will we enter a panic selling below 10.000?
From this 8000 area, i expect some major support and a strong move up. Back to the 17.000 area.
I have no clue if it will get there. If not, i should be happy with the coins i currently have!

Wish you all the best!
JJ


Yes, well the market direction points down. So at the moment selling the tops of relief moves could a good approach, but I prefer to buy crypto instead of speculating downfalls and deeper pullbacks. From a buying perspective there could be better moments ahead.

I believe the time to get in on a buy is now. The way I see things lately, the market is ranging and gathering momentum to shoot up again though it might not be too high but I'm pessimistic that it will rest on $8,000 again.