Bitcoin Thread

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I'm thinking a trip up to around 8600 then down to around 7600. Not sure about bottom but I think after we find it, moon is still on the table.
 
L10Yn said:
I'm thinking a trip up to around 8600 then down to around 7600. Not sure about bottom but I think after we find it, moon is still on the table.
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seeing the 8600 too...oversold on most time frames.

closing out and going to bed... lost to much sleep watching this ****e past few days!!!

tomorrow is another day
 
SaiyanZ said:
I have a feeling that everyone that sold below R108k on Luno and haven't got back in yet are about to get rekt shortly. Over 100 volume of BTC traded below there in the last few hours but the current supply below R108k is only about 10BTC. So not enough BTC for everyone.
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Makes perfect sense
 
SaiyanZ said:
I think we at that stage again where people think it won't go up much more. Like when it hit $100 or $1000. A lot of people who had been sitting with large amounts on the side probably sold a portion of their holdings back then and are selling now because $10k is a nice round number.
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The difference is at those levels you could still use it without incurring huge transaction fees. Not now though. It won't change until they do something about the problem. Even Segwit didn't help as people were buying it up but soon realised they were sitting with something that's actually worthless.
 
etienne_marais said:
I have my doubts as well.
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I doubt it too. Reason being that the lightning network is gaining traction, and is a second layer protocol. I feel like this new system will stabilize BTC and therefore BTC won't behave the same way it did the past few years.
 
Lol...Nah, wont sell now.
Have in the past to try and get in lower and it paid but that i should have done way earlier.
 
i say capitulation by tomorrow afternoon.....

stuck more shorts in this morning at 8k
 
*SynergyX* said:
i say capitulation by tomorrow afternoon.....

stuck more shorts in this morning at 8k
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Yeah, I didn't think it would go below $8k so easily. $6k is on the cards now and this time I think it won't bounce back as fast. We'll probably go sideways afterwards for a while.
 
SaiyanZ said:
Yeah, I didn't think it would go below $8k so easily. $6k is on the cards now and this time I think it won't bounce back as fast. We'll probably go sideways afterwards for a while.
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only sign of reversal will be a huge green dildo candle that will blasts up 1-2k.

until that happens watch-out below
 
It was lower than this in Feb and it went up again. I feel it will go up again. I bloody hope so :p
 
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