Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This dip is too small to be recognized as a 'crash'. At the local bottom of 55850$ it is only 18.8% below the last ATH. The bulls are still aiming at 100K and they are stealing with a huge discount from the weak hands (again 
). Happy Black Friday to all that have fiat to buy the dip! There is no question that 100K can be reached in a few weeks when the whales decide to do it. Although the path looks longer starting with 56K compared to 69K, all those hundreds of thousand bitcoins sold now, won't block the way to 100K. I wasn't optimistic about PlanB predicitons, but now with this volume and oversold RSI's, the chances of getting 100K before 2022 has increased significantly.
). Happy Black Friday to all that have fiat to buy the dip! There is no question that 100K can be reached in a few weeks when the whales decide to do it. Although the path looks longer starting with 56K compared to 69K, all those hundreds of thousand bitcoins sold now, won't block the way to 100K. I wasn't optimistic about PlanB predicitons, but now with this volume and oversold RSI's, the chances of getting 100K before 2022 has increased significantly.