Post
Topic
Board Trading Discussion
Re: One more leg down - price to 8000 - 9000 area?
by
Reatim
on 24/01/2018, 17:00:08 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

I'm also hoping that bitcoin could go to $8K range as well. But somewhat the price is stuck at $11K so I'm not sure if it will go down. Maybe if the $10K wall is broken, there will be panic selling causing it to touch $8K or even lower. So I say we just wait and see what will be the sentiments of the public.

Why not get it at the current price of $11K and see how it goes? Just test small amounts and when the price goes down buy more and then just hold for long term? There's no really perfect time to buy because we don't know what will be the floor price.