Post
Topic
Board Trading Discussion
Re: BTC broke all major support lines, and the worse is yet to come.
by
bitbunnny
on 22/11/2018, 19:48:36 UTC
" BTC broke all major support lines, and the worse is yet to come. "

the worst is yet to come? we fall from $ 6500 to $ 4500, is that not the worst?

breaking lower the 4900 will easily take us to 2900-3100 which is a strong support formed on Sep 2017 from a previous resistance formed on June 2017

2900-3100?

this will be very bad, if the price drops to $3100 we will see a big panic sale and it will be very bad, I hope this does not happen and that the price stay above  $5000






I can't see the purpose of such posts except to spread the panic. Of course that everything is possible with Bitcoin price but so far there are no indicators that would point to such big dump. And as far as panic selling is concerned we can see that now already.