I truly don’t think this is the bottom yet. You might see those who bought this at 200 sell off because volume is kinda going down. You will likely see another dip before we sustain a comeback. Too large of an increase for whales to hold. 60 bucks in a day is a fat load of profit. Sell off will remain when China and North Korea get out for the day.
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I kind of hope so.. I still need to buy! If it doesn't go down, I may not..
According to history last reversal wasn't straight up. Last july when reversal started It had a nice last bounce from 190 to 237 and it broke right and went down one more time to 188, lets just call it 190. I think there will be a healthy dip soon. slower the better, last one took a week. But if its a large dump its too volatile to be healthy. We might see 220 230 range again soon.