Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
its in that "breaking out zone" almost everywhere.
buying on a 24hour high these days seems dangerous tho, bulls are have reason to be cautious
buying on a 24hour high these days seems dangerous tho, bulls are have reason to be cautious
I really am not in the mood for a buttrape. I am cautious. What if I put in a long position and shit get flushed like the otherday. Not enough margin to hold back a $110,- price drop
Friggin' same here, man. I'm not thinking it'll go all the way back to 440 in the next 24 hours, but definitely without a solid breakout of 530 with heavy volume, it definitely could within a few weeks. And I refuse to get buttraped again. Refuse! I'd rather pay 550 on a true, solid high volume uptrend than to get flushed again on a head fake. I'm sure a lot of bulls are starting to feel this way after this nearly 5 month reversal from April.