Quote from: majest3 on February 26, 2018, 12:02:59 AM

Quote from: Thirdspace on February 25, 2018, 11:50:35 PM

Quote from: majest3 on February 25, 2018, 08:46:26 AM

Is $9350 the bottom and the start of the next wave up? It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?

I'm pretty sure we will see a $6k or close to $7k price level one more time before it goes steady up to $16k
but you can "somewhat" take the advantage (and risk) of current downtrend price
by doing tweaked DCA, buying at $9k (10%), at $8k (20%), at $7k (30%), and $6k (40%) if you believe $6k will be the bottom level
the % is the % of total fund you are willing to put into bitcoin Tongue

do it at your own risk and discretion

Look l would be just as happy to see it hit that 6000 again and double bottom off it. Only time will tell, so much FUD out there it is hard to know what to believe, but l am with you on the DCA.

The bitcoin market has always been an indefinable area, its prices are always the same ups and downs and the roller coaster, bitcoin prices plunged early in February all the way now actually approaching the highest point in history. So it is obvious that bitcoin is bottoming out.