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RE: Bitcoin has been consolidating for some time, does that mean a big move is likely coming?

in #bitcoin • 7 years ago

I think that it is more than obvious crypto is about to bounce and I see bitcoin bouncing to 8500.....before the REAL PUKE

https://steemit.com/bitcoin/@heyimsnuffles/usdbtc-chart-crypto-market-looking-bouncy-fyi-this-isn-t-the-bottom

7 years ago in #bitcoin by
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     7 years ago  

    Ha, so the lows are not in, in your opinion? What prices are you looking for?

    $1.60
    • Past Payouts $1.60
    • - Author $1.21
    • - Curators $0.40
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     7 years ago  

    I personally think that 5K breaks...then it's got my interest alot....time bottoms are very hard and the first bottom is not the bottom usually. So I think the best time to start averaging in is the 5K break and then hope for acrack below 4K....will be an 80% drop from all time highs then which bitcoin has done 5 times in it's history.

    I am betting on a sixth.

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     7 years ago  

    Makes sense to me

    $0.06
    • Past Payouts $0.06
    • - Author $0.05
    • - Curators $0.02
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     7 years ago  

    Strongest resistance is on 3K level. That's where I gonna plant my buying points.

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     7 years ago  

    I see what you mean with the 3K level...the 3k-4k levels will be gifts looking back in a few years. Pinpointing the bottom to the tick will be difficult