Post
Topic
Board Speculation
Re: Bitcoin Just Broke $10k
by
figmentofmyass
on 03/08/2019, 03:35:48 UTC
Did everyone still hope to $8800 or maybe $5000? Keep Hoping ~LOL

be careful getting too confident. bitcoin tends to go further than everyone expects, in both directions. $5000 would be pretty crazy but down through the 20wma ($7900 rn) is "normal" for bitcoin.

the long term chart is most reminiscent of either 2012 or 2016. in either case, we're probably looking at another month or two of correction. maybe the bottom is in, maybe not. early bears got cucked on the last round, but you may find that early bulls get punished next time around. patience is a virtue in this market.