Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Last of the V8s
on 17/01/2019, 03:34:42 UTC
I'm new to this thread and I plan to stay to know your opinion about the BTC movement and possible future movements.
Based on the https://coinmarketcap.com/currencies/bitcoin/, the closing price of BTC/USD was $3,706 and unfortunately only 7 of the total poll voters were right, I guess it says that majority still believe we will see big pump early this year.
Welcome! You'll find we muck about off-topic a lot, but there is some price discussion occasionally. The poll is almost always far too bullish and doesn't represent the predictions people put their names to. Current consensus seems to be that we will drag along this bottom till June or so, maybe with a ghastly stab lower sometime, then begin to grind up very slowly through all the resistance levels.
Thanks, I'm also bullish but I'd like to think more realistic now, I'm kinda bias with myself although I can feel that price might go lower from it's current range. Maybe it's normal to be bias for long term investor compared to a day trader where they are more realistic as they can make money regardless of the market condition.

You guys are day trading here?
The day traders I listen to most are constantly battling their pro-bitcoin bias and a lot of them end up trading legacy because it's easier to be dispassionate. Most here are momentum or longer-term traders or pure long-term hodlers and accumulators.
oh and you might need a hat ... they're all obsessed with their hats.
oh and reading your previous posts, you'll get laughed out of court if you say 'xrp is good' round here, unless you meant as a way to increase one's btc stash, which, maybe...