Post
Topic
Board Speculation
Re: Bitcoin 7700$
by
pooya87
on 08/10/2019, 04:00:26 UTC
Dear All!
What do you think about Bitcoin 7700 $ in the next two weeks. At least I see it like this. Consolidation completed. But Bitcoin is pulling down last the analysis. Although I may be wrong.
BR
Like other prediction, it might be happen. But maybe if you add more specific analysis will be good so people can really know why it can be happen. But for me, if price drop maybe i will hold. I don't have any other strategies in trading bitcoin except buy, sell, and hold.

One prediction I read in telegram says it can drop again to $3k. Surprisingly when someone says it will drop to $3k, it will also go that way so lets spread the word to drop that low so we can see more of those who quits in crypto will really quit just as whales wants them to do. Sell, sell, sell.  It must  pay to really know how to read the charts.

I don't know why the price of 3000$ was mentioned so many times like the lowest barrier. I don't know what analysis showed such result. Obviously it's kind of magic limit for dump like 20000$ is magic limit for pump for some users
For me the latest correction was expected and it shows that we can't expect some huge price rally until the end of the year. If the Bitcoin goes again to 10000$ that will be success.

it is the same as repeating $1000 over and over again a couple of months ago at the beginning of 2019 when price was in $3k range and wasn't rising. and its not just that, it is the same as people repeating $50k back in 2017 when price was headed towards $20k.
for some reason these people tend to get stuck and think just because price has moved in a certain direction then it should keep moving in that direction forever!