Bitcoin Thread

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We are at 7800 lets see if we break through.
7900.
However if I understand (I know nothing about trading and charts, etc.) we need to end the day above 7800 for it to become the support?
 
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A lot of people have been buying on Luno in the last half an hour so a selloff is imminent with the price going too high.
 
SaiyanZ said:
A lot of people have been buying on Luno in the last half an hour so a selloff is imminent with the price going too high.
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South Africans are kings of panic and FOMO, if we enter a bull market I think the premium will return again, maybe not to crazy levels yet but the more we go up the bigger it will get in percentage terms I think. I think now also most of the coins in SA belong to the long term HODL'ers who won't want to part with their coins so easily as well
 
If we can reach R125k on Luno again this week or the next I will become more bullish. We first need to break that insane down channel on the monthly.
 
L10Yn said:
South Africans are kings of panic and FOMO, if we enter a bull market I think the premium will return again, maybe not to crazy levels yet but the more we go up the bigger it will get in percentage terms I think. I think now also most of the coins in SA belong to the long term HODL'ers who won't want to part with their coins so easily as well
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its still to be seen if this a bull trap... and if it is there are going to be a whole lot more REKT people.

this is one of the reason i don't like using lunos exchange - cant set a stop loss. so if it does move back down you can at the very least sell at the price you purchased to break even. (there are obvious pros and cons to this but its an option thats needed i think)
 
anybody elses luno app dodgy? when i try to refresh the home screen i just get an error saying an error was encountered, were looking into it
 
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