Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gyrsur
on 05/06/2021, 14:43:00 UTC
Hmm WEAK, WEAK, WEAK...

Unfortunately BTC is still not able to crush up anything..

We need to be ready for more down obviously.. (30? 25? less?).

Even if I find it doesn't make sense to go lower (and more down?) after a 50% drop vertically without any real bounce, into a bull market. Just a consolidation in the low DIP range.. Roll Eyes

Nothing to compare with 2013 or 2017.

low volume at the moment (except on dumps). balance between the few buyers and sellers. buyers hold their FIAT back and are waiting for lower prices to get into. sellers hold their BTC back and are waiting for higher prices to sell some. everyone is waiting for something to happen. maybe the next 3 months until September?