Quote from: The Pharmacist on August 27, 2019, 02:33:27 PM

Quote from: DrBitcoin on August 27, 2019, 11:07:45 AM

The sentiment right now is a little negative. After this huge run up I expect a break down to like 8K or lower.

And I disagree with your assessment--look at where the price is. Sentiment is not negative at all; bitcoin was at around $3500 not too long ago, and even though it's stalled again right now it hasn't crashed and I don't think it's going to.

You say you can read charts and that bitcoin is in for a drop in the next 48 hours, and I'm a devout TA skeptic. I'm going to bookmark this thread and see where bitcoin is in 2 days. We'll see if you're correct.

To be clear, you're saying this:

Quote from: DrBitcoin on August 27, 2019, 11:07:45 AM

08.24.19
Current price: $10,162
Prediction: huge correction within 48 hours (8K range)

Quote from: fabiorem on August 27, 2019, 01:41:30 PM

8k would be a good entry point, but these dips are becoming rarer as time passes. I believe bitcoin might skyrocket at any moment.

Yep, if I had any money to invest (which it seems like I never do), I'd buy in at $8k in a heartbeat if bitcoin dropped that low. It certainly could, and I would never say it's impossible, but my intuition is telling me it's not going to. Certainly not in 48 hours as OP as predicted.

Im a huge TA skeptic as well. I am not a trader. I buy dips and HODL. I am also TERRIBLE at timing the market and if I say its going down...its going up!!

I just feel THIS TIME I might be right. That spring is coiling right. A major move is most likely coming up or down. I just think its going to be down. Just my gut.