Hey Steemians,
Its red everywhere followed by China banning ICO,shutting down local exchanges etc. Though for professionals it might be a good idea to short and buy back later during the dips, i'd suggest for most of the average Joe out there is nothing to worry and is still a good idea to HODL because this is nothing but manipulation of market by them just to buy the dips and that is quite certain.
We are still in an uptrend when looking at a wider angle and this is sweet time to buy as the Chinese fever will fade off in a couple of days only for the price to go up. Im a trader myself not those professional hedge funds ones, just small guy and as much as my predictions might not matter, from the simple chart I feel that the price will play around for couple weeks or even months in the support resistance region, provided no 'news' screws this trend up yet again.
Hope this was helpful guys and play safe, as much as the net for myself is a fairly great over the period of the past many months, recently things have not been so amazing as i like to HODL more than play the short game, well, lets hope for the best.
Cheers peeps!
This is totally right, i see many FUD spreaders, and i strongly believe that their only goal is to buy in dip, all the FUD is always illogical, unfortunately many people believe their crap and sell, allowing them to manipulate the market to their favor...
exactly mate. but if people dont trade and just hold for long term, alls well ☄
Its clear there are many many holders, even with all the FUD around i think BTC still very high, and will keep rising... You see, big investors NEED scary people to sell their BTC cheap, no surprise there...
Is there any other coin or value holder in the world that worth as much as BTC?... Even gold is way cheaper...
Cant wait to reach that 5000$ mark
I think we'll get a chance to buy at 40% off that $5000 all time high soon and then hodl for the next leg up
https://steemit.com/bitcoin/@stocks29/bitcoin-elliott-wave-update-is-it-time-to-brace-for-another-strong-selloff
40% sell of! Wow. im unsure too but probably will just hodl for now.
It sort of brushed over $5000 already mate past week, with a massive sell off, i feel would take couple more weeks or to see the nest $5000!
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This post has received a 1.56 % upvote from @drotto thanks to: @banjo.
This post has received a 2.27 % upvote from @booster thanks to: @amreshchandra.
All I see is graph for technical analysis, and the word HODL :P
Awesome. Keep it up. Upvoted.
Exactly mate! Hope to see you around✌
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