Bitcoin correction to invite the whales...

in #bitcoin6 years ago (edited)

We dropped below $ 6350, but we still target a decision moment, probably tomorrow October 12 around 18:00 UTC.

Let's look at last year, October 12, November 12 and December 12.
Precisely, the days the rally's started

2 problems:

Ratio dropped below 30

Ask is low at 53 million, but we like cheap coins, so Coin Buying Index (CBI) is above 100%

As I mentioned days before Ripple would drop back to $0.35

@Goldmine2018 BTC prediction:

October 10-01-2018 $6350 - $7800.
November 11-01-2018 $6600 - $8125.
December 12-01-2018 $6850 - $8450.
January 01-01-2019 $7100 - $19100 or higher

From October 12, 2018 we will see changes and the next decision day will be around October 21, 2018.

We will see, if past repeats itself ...