It looks like it.... 
There is some artificial inflation of the BTC price. Pure air.
There is some artificial inflation of the BTC price. Pure air.
What Pure Air are you talking about eh? The current momentum was supported by a good volume. If you look on 1 day timeframe on the graph. You are creating FUD in this post. BTC has support on 8.8k level and might test but contradicting to your post. The price surge is a bit organic since we are approaching bitcoin halving and many whales are riding the waves. Don't go against the tide or else you just drowned.
If you can provide a detailed technical analysis regarding your claims then I might believe you. You are only using your feelings to predict the market which is kinda scary.
Unless a sudden Doji appear then huge fall might occur. But right now, The sky is very clear for bitcoin price to reach the moooon.
You probably can't read.
I posted a link to my rationalisation.
Organic my balls.
Just watch.
I read your lin to your other thread that's why I said you are just resorting to your feeling and ZERO technical analysis neither fundamwntal analysis.
The way you talk simply tells that you can't support logically your analysis and I'm always watching BTC chart since I have a position daily.
BTC reasoning goes beyond charts. I could be wrong. But I really don't think so
Yes I do, although there will probably be some disagreement over use of the word "dump." In the bigger picture, it will probably be viewed as a "pullback" or "correction" instead.
This is my general idea:
A 50-62% retracement would be typical, although it doesn't need to go that deep.
This is my general idea:
A 50-62% retracement would be typical, although it doesn't need to go that deep.
that's a huuugee dip. I'm happy we are matching with our forecast. But I think it will be VERY difficult to go under 8.5k. The majority of people who are buying now, will not sell, so that will make support level rise from the previews one due to less supply.