Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 11/04/2019, 22:57:10 UTC
⭐ Merited by Majormax (1)
Quote from: Pamoldar on April 11, 2019, 06:26:57 PM
Quote from: Raja_MBZ on April 11, 2019, 06:24:22 PM
Quote from: Pamoldar on April 11, 2019, 06:19:56 PM
Quote from: Raja_MBZ on April 11, 2019, 06:12:43 PM
Next 6 hours are critical. Bears are constantly trying to break the ~$5000 support, and I've got a bad feeling that they'll succeed in the current 6-hour candle.
I hate the bear.



New lows? I don't think so... That guy seems way too bearish on bitcoin at this point.
May be you want to ask the guy. Here: https://twitter.com/CryptoLeos/status/1116384467529150465/photo/1

Of course, I am still not convinced that this market has transitioned into anything beyond further consolidation.. even if there are recent bullish tendencies in the past month or so and especially in the past couple of weeks.

But, projections of impending new lows, borders on wishful thinking to me, even while we cannot really rule out that the bottom is NOT in...

For example, if we stay above $4,200 in the coming weeks, then I might just switch over to considering this a bull market, at that time.

TLDR: The next two weeks = critical