Post
Topic
Board Speculation
Re: To All You Guys Who Keep Telling Everybody to BTFD
by
hubballi
on 01/12/2018, 15:31:54 UTC
If we talk about fundamental things, then the only powerful level of support is $ 3,000) But I prefer to trust different clever analytics) Now the only way is to hold) Because to sell at such prices to get only small part of my depo I don't want)

$3000 is people's safe haven level it seems. I am in that camp as well, but it does make up for a scenario at which whales could on purposely choose to demolish that level. Imagine the panic going through the market if that happens, perfect last shakeoff attempt it is. I'm sure that when $3000 breaks, even a part of the Bitcoin OG's will start to feel uncomfortable.

I would say the best thing to do is to place buy orders between $2000 and $3500 to make sure you don't have to manually check and act. I have done it already and now it's waiting for my orders to get filled. I'm confident that the orders between $3000-$3500 will get filled in the coming days, everything below $3000 is a bonus for me.



I totally agree with your point of people keeping $3000 level is high resistance level but what i am seeing is that if that level is broken then 80% of them will come to panic and the price will go even below $2000 level and where it will end no one knows but below $2000 level buying will be a very good one as it will bounce back very soon as 90% of the panic sellers would have sold it and that will be the perfect time to buy as atleast you will get 100% double like $3500 - $4000 level very soon after that massive downfall.