Bitcoin Thread

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L10Yn said:
What's the problem then, just short it now
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I trade on Luno so no shorting though I probably wouldn't do it if I could. Think of it like risk management. By trading only in one direction I eliminate risk of making ZAR losses both ways. I'm happy just to sell and pick up more BTC if/when it goes down. If it doesn't drop now after a couple days I'll re-evaluate my position and maybe get back in with half when it pumps.
 
L10Yn said:
I'm sure it's gonna below 8k within the next day for a final tank before the Moon run
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weekends have been counter trend 8/10 times...been waking up to green dildos most saturdays:sick:

IF there will be any further drop most likely to be monday.

anyways not comfortable holding over the weekend coz dont have much time to check on it so out completely.

check back on monday!!! peace!!!
 
lol... think someone just got wrecked on Luno. Probably trying to manipulate the price upwards with an order of over 20btc. Another whale just snatched the whole order up.
 
*SynergyX* said:
weekends have been counter trend 8/10 times...been waking up to green dildos most saturdays:sick:

IF there will be any further drop most likely to be monday.

anyways not comfortable holding over the weekend coz dont have much time to check on it so out completely.

check back on monday!!! peace!!!
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Not sure where you're getting this man, I looked at the daily's for the last 4 weekends and they both usually followed trends to a large extent with decent size candles
 
L10Yn said:
Not sure where you're getting this man, I looked at the daily's for the last 4 weekends and they both usually followed trends to a large extent with decent size candles
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10 mar, 3 mar, 24 feb , 17 feb, 10 feb , 3 feb, 27,20,13,3 Jan --> remember i said 8/10 times -- not all the time.

daily candles either made higher highes or closed higher than the previous days before drops continued sunday evening through monday...just find Saturday to be risky day to trade.
 
*SynergyX* said:
10 mar, 3 mar, 24 feb , 17 feb, 10 feb , 3 feb, 27,20,13,3 Jan --> remember i said 8/10 times -- not all the time.

daily candles either made higher highes or closed higher than the previous days before drops continued sunday evening through monday...just find Saturday to be risky day to trade.
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yeah but looking at the closing of each day i I think it agrees with what I say. Anyway it doesn't matter, I think it fell just as I said it would and shorting a few bitcoin from mid 8000's to now worked out quite well for me I think. I'm still learning though and hopefully with enough knowledge days like these become common
 
R120 000 before Wednesday.

Come post this as a quick reply when it hit R120 000 on Tuesday.
 
People, 3 different sources I read, are saying we might dip to $3k per BTC. What do you guys think? Me? I say bring on $3k so I can buy :).

When I started in crypto, I saw BTC go from about R50k to about R20k. And I kicked myself for not buying at R20k/R25k ish...
 
Sly21C said:
People, 3 different sources I read, are saying we might dip to $3k per BTC. What do you guys think? Me? I say bring on $3k so I can buy :).

When I started in crypto, I saw BTC go from about R50k to about R20k. And I kicked myself for not buying at R20k/R25k ish...
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Didn't you pay attention to Biometrics?
 
check the volume on that current candle:crylaugh:

/for a sunday

trying out a long scalp-- 7.2- 7.4 (damn rainy sunday)
stop below 7k

daily is oversold as ****...needs a bit of a bounce
 
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Sly21C said:
People, 3 different sources I read, are saying we might dip to $3k per BTC. What do you guys think? Me? I say bring on $3k so I can buy :).

When I started in crypto, I saw BTC go from about R50k to about R20k. And I kicked myself for not buying at R20k/R25k ish...
Click to expand...

Up until a day or so ago, many people were predicting a drop down to $4k eventually, before any significant rise. And by significant, I mean $14k and beyond.

I have seen rumors that $2.8k is on the cards as the worst case. Whether this materializes or not remains to be seen. The next 2 weeks will be critical...that’s the predicted timeframe to reach the “bottom”

We shall have to wait and see how this pans out! Nothing is certain.
 
*SynergyX* said:
check the volume on that current candle:crylaugh:

/for a sunday

trying out a long scalp-- 7.2- 7.4 (damn rainy sunday)
stop below 7k

daily is oversold as ****...needs a bit of a bounce
Click to expand...

holy smokes.... wam orders filled -- bam dump--- bounce thank you mam and out...

ether getting murdered -- 20% down.... worth a mention even in a btc thread
 
*SynergyX* said:
check the volume on that current candle:crylaugh:

/for a sunday

trying out a long scalp-- 7.2- 7.4 (damn rainy sunday)
stop below 7k

daily is oversold as ****...needs a bit of a bounce
Click to expand...


5000BTC on Bitfinex on the drop down from $7600 to $7400.

Was just watching the last drop below $7300. Price went from $7330 to $7280 instantaneously, with 750BTC support above $7300.
Whales in action
 
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