Post
Topic
Board Press
Re: [2018-03-08] Bitcoin Dips Below $9,500 Briefly, Market Recovers as Binance Hack
by
1Referee
on 08/03/2018, 21:17:53 UTC
I have pointed out several times now that $9000 is the main level to focus on in current times. As long as that level holds its position, the market will keep bumping up to above $10,000 levels. In case we happen to break through $9000 this week, which is not something I see happen, but still, if it does, I am fairly certain that we will see a decline all the way till lower $8000's, and perhaps slightly below that. It would clearly indicate the lack of short term demand, probably due to there not being any events or happenings to focus on. $8999 would mean for me that it's time to liquidate some of my short term positions, and to re-enter lower. Time will tell what's going to happen.