Post
Topic
Board Speculation
Re: Back to $6000 in 3... 2... 1...
by
magneto
on 30/04/2018, 09:18:13 UTC
Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.

I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.

Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!

There is honestly still some room for BTC to go up in the near term. It could even go upwards of $12k, if the market sentiment is able to stay as bullish as it was during the few huge pumps we saw during this market rally.

However, having said that, there is probably not a ton of room anymore, especially when you consider that the resistance at $9500-10000 is just refusing to give up right now. And the absolute ceiling right now is probably somewhere in the vicinity of $12k.

As you said, always buy low, sell high. A lot of people have bought near the top of this bull run at over $9k, and that's not the smartest thing to do. I do feel like that we're going to go down quite a bit in a correction across the board, before making our way back up.