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

[hms818]

I agree ...We have almost reached the bottom with strong support at 6500...After april 17th things will be bullish....

Comments

[jrcornel]

That is my hope as well.

[heyimsnuffles]

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

[jrcornel]

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

[heyimsnuffles]

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.

[davebrewer]

Makes sense to me

[pagandance]

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

[heyimsnuffles]

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

[jarif]

Great information...

[jrcornel]

what part did you like best?

[yying]

I agree too