So many bears in here its crazy. Please tell me one good reason that doesnt involve an imaginary line why the price is going to go down farther than it already has?
Edit:
Heres an imaginary line.
Edit:
Heres an imaginary line.
It's almost as if you're personally offended by the fact that we think price is going to go down further. Are you maybe a tiiiiny bit overinvested?
Re: your graph. Yes, I agree, that's a possible line of support. Will it hold? I don't know. I wouldn't bet on it
I actually stand to make quite a bit of money should the price go say under 500 however I simply do not see any rational reason why that will happen.