Ninjastic
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Re: 10.000 $ still remain a strong support. Trend is not changed yet.
by
gabmen
on 25/01/2018, 15:01:08 UTC
Quote from: RealPhotoshoper on January 25, 2018, 02:21:51 PM
Quote from: hase0278 on January 25, 2018, 10:29:51 AM
Quote from: P2Pfinder on January 25, 2018, 10:09:32 AM
With $191.367.051.980 in capitalization, is impossible to pump (or dump) artificially Bitcoin. Maybe when price was 50 time less than now, some little pump was possible too. But not now, now with this market volume  Smiley
You are right but the question is how long will this support last? Will it survive and overcome the selling pressure everyone has got? Whatever happens I am sure that the result would be exciting to see. If it dumped and support has been totally consumed, I am sure everyone would be glad to rebuy back at cheaper price. The same way will happen when it pumps. The only difference is that everyone would be happy because those who have Bitcoin gained profit again.
I am more than ready to accept whatever the market headed to , bullish? I have some holdings , bearish? I'll buy more at the dips.
So nothing to worry for me as i believe bitcoin value in the end will make everyone feel happy.
Yeaaa it is always the matter of time when it comes to predicting bitcoin price to increase , the bubble is not exist here.

Selling pressure? The reason why the support is this strong is probably because most of the weak hands have been filtered out already and have sold at a big loss. I don't think they'll be inspired to buy back to btc again lol. I'm just keeping it cool with my btc holdings and will patiently ride this unsteady tide.