Post
Topic
Board Speculation
Re: Bitcoin is about to collapse this week
by
bigtitsmomma
on 29/10/2018, 06:49:03 UTC
Please don't double post, quote within 1 post. It just creates spam on the forum. You should probably edit your previous post.

Don't know how you're planning on benefiting by spreading this fear, but the VOL looks pretty normal/standard to me: https://imgur.com/a/rwT2l4v

Volume is continuously below 4b for last many days... this hasn't happened in last 1 years (i.e. vol below 4b for many days)

you seriously dont find that odd??

Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.

But it's exactly that, a prediction. The volume has been lower before, and hasn't followed your prediction going forward. Markets are complicated, and anyone who states they 100% know the future of Bitcoin (or stocks, etc) are lying.

I'll touch base in 10 days and see what happens. I just think it's harsh to believe that BTC is going to crash simply due to a slightly lower amount of volume since 1 year ago. Bitcoin has been showing stability in the last bit, which IMO is important. A period with less volatility could be beneficial for Bitcoin.

Stability at better USD/BTC value and good volume would have been a good sign .... but right-now its exactly the opposite ....

Yeah... lets meet in 10 days