Possible BTC bounce. Lets get the volume rolling green again!

in #bitcoin7 years ago

The sell off today, as we breached the line of support, gained momentum and took some fear with it up until the 50% fib retrace. It looks like a bounce is imminent, but if support is choppy a possibility could be another leg to 2200. Lets see what happens overnight. Good night Steemers!

6hr:
Possible bounce?.png

Peace, Love and Light.
Mark

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Great time to buy and once the bip is over we will moon!!! :) Hold

Yeah, I can't wait to be just a little further into this month :)

i believe btc to the moon this month!

I'm on board with that belief :)

Personally I think we're headed for a bit of a month long correction. We've been bumping up and down between $90-$105B for the last couple weeks and it seems like there's no new money coming in. The market appears exhausted. Summer might not be as bright in the crypto space, but come fall, we should expect to see some nice gains in some great crypto projects. Hold and buy the dips this summer!

Yeah, I think we might be able to turn the markets around this month but perhaps you're right and itll take a little longer. Either way I hope I set aside enough to fill some yummy bags! Fall will be fucking insane regardless of how our summer goes :D