Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Majormax
on 25/11/2018, 00:56:10 UTC
⭐ Merited by BobLawblaw (1)
If this isn't capitulation, I dont know what is
...
Thousand dollar down 1 hour candle with massive volume.

Now its getting into the range I was guessing at back in January.  

Assuming that BTC is going to survive as the dominant crypto (which I guess is axiomatic for everyone on WO thread) 3k must be near the low for this wave. If its 2k handle, then that is not such a long way off.

Any hodlers that can stand 3k , can stand 2k, they have been through the downwave. The tough bit now is going to be the long wait (and it will be long) before the next real upwave.

Was only a few weeks ago posters were declaring 6400 as the support. Now we would be fortunate to see that level again before the end of next year.