Post
Topic
Board Trading Discussion
Re: One more leg down - price to 8000 - 9000 area?
by
ILoveOnions
on 23/01/2018, 21:49:49 UTC
Please, why do you think that the price will go towards those prices?

it is pretty low, and i am sure that it will not happen because it has a very strong resistance in there.

And it is pretty difficult to go below $10000 at the moment, just take a look over the charts right now.


I am far from sure. Price could stay around these prices (10k-11k) and move up later today or in the next days.
There are currently a lot of "weak hands" i believe that bought at relatively high prices. They are very worried, and might tend towards a panic sell if price goes below 10k again.
I am far from sure (I also bought some crypto's on the top and tend towards selling now - which i (probably) should not)