Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OutOfMemory
on 12/03/2020, 12:14:49 UTC
As i stated before, "resistance" is completely virtual and, most important, momentarily.
And even if you consider "resistance" as resistance, it slowed down and degraded the dip by several %.
Or did you like to see corn falling to $5k and below?

Today, thus far, its been more accurate to say that resistance was at $6100, $6000 and $5950... We didn't get our first bounce until about $6100... This guy is claiming the resistance was $6400 just because it fits his previous predictions -- not because the resistance was actually there.

Agree. That didn't come out as clear to me from the previous posts.
I was able to up my BTC holdings by a fraction of my "trading reserve" at an exchange.
I'm prepared now for further rise or fall. Good thing i was at home and had time for SOMA analysis, which made me do the right thing just a couple of minutes before the dump started. I made market rebuys, unfortunately, but the "loss" is not really high, especially in contrast to the gains.