Post
Topic
Board Speculation
Re: People are panic buying right now!
by
dragonvslinux
on 13/08/2021, 10:28:34 UTC
Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

Panic buying? Not convinced. Any traders buying in are likely doing so, but long-term investors have been waiting patiently for confirmation of the trend change in order to avoid high-risk investing scenarios. Getting above the 200 Day MA is one thing, a Hash Ribbons buy signal that we haven't seen since sub $20K is another. Especially when it's after the most aggressive miner capitulation since 2012! This is just the beginning, it's not about missing $30K, it's about missing the current uptrend.