Post
Topic
Board Speculation
Re: Analysis
by
exstasie
on 04/06/2019, 17:20:19 UTC
Пoxoжe-тaки дaльшe нe пoйдeм пoкa... $8000 нe дepжитcя.

Can anyone translate? Two Google translates later, I still can't figure out what he means:

Quote
Do not worry, let's not go along... $8000 is not worth living.
Quote
Pokozhe-taki would never let us go by... $8000 is not acting.

This is a tough spot we're in. Technically, bulls failed and retreated into the previous range = bearish. I thought maybe his wave down to $6K was happening. On the other hand, I'm cautious to get too bearish, lest we end up doing a move like late April where the dump turned into sideways and we resumed the uptrend.