Bitcoin Thread

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Seems like it's still ok for bulls. The next pump to +$6300 should come after a small drop to the $6100/$6000 region.
Yeah I'm seeing similar.
Some resistance at 6370 as it hits resistance and 4HR 50MA.
Or through and fall back onto 50MA for support.

ren.png
 
Something interesting is also happening with the shorts. People are running scared and closing now because of a possible move up. The yellow region is where we went down below $5800 and then spiked to $6200. BTC has gone mostly sideways since then but shorts are being closed steadily.

Vrv3yMSY



Edit: Seems like big money is slowly getting back in. Signs of a temporary bottom. Think we could go all the way back to $7600 region without any more huge drops.
 
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Ugh! Deposited some ZAR to my Luno account this morning around 7. Still nothing showing up in Luno....... Dangit, hopefully BTC price still drops to low $5000 before moon :)
 
Ugh! Deposited some ZAR to my Luno account this morning around 7. Still nothing showing up in Luno....... Dangit, hopefully BTC price still drops to low $5000 before moon :)

Which bank do you bank with? I did a transaction here and there over the last week, including yesterday - took about 2 minutes roughly to reflect? (FNB).
 
There's that drop I mentioned earlier back to $6100/$6000 zone. I think it should pump to $6300 soon. Maybe at 6pm again.
 
That's what I'm doing :). My strategy is to accumulate by trading more coins/tokens of the project I believe will succeed.

Yeah, I trade alts, stake alts and run MasterNodes to increase my BTC stack.
 
Which bank do you bank with? I did a transaction here and there over the last week, including yesterday - took about 2 minutes roughly to reflect? (FNB).

Yeah, I know FNB is quick. I am with Investec. I think they don't have any accounts with Investec. Oh well, sometimes patience is needed :)
 
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Looking at the daily chart - seems we still have that main channel to break out of....or ride further down?
Interesting to note the steepness of each of those descending channels decreasing.

channel.png
 
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