You might be right. However part of the current inertia and stagnation of BTC from going further up could also be attributed to the diversification of BTC into altcoins after the initial buy-ins during the recovery phase.
There are a lot more hype around selected alt-coins atm.
It appears that BTC is catching up again to most altcoins, and I had already converted back to ETH (which have been following very closely against BTC's %change in value since the initial recover have past) a portion of those after the initial gains to lock-in those gains.
Topic: Breakout to 8600 usd + coming! bitfinex rate.. check it out. up trend is coming. (Read 108 times)
February 10, 2018, 12:58:02 PM
February 10, 2018, 12:51:57 PM
BTc wil get again a rise, with breakout to 8600.
Doesn't seem to be rising though. The price has gone to $8000 now. Some of the TA charts say that it might still go lower like $6000 or something. Though TA in Crypto is just a speculation we can never know where the price is heading due to some whales also co-ordinating prices.
Not spreading any FUD, but its really bothering me how do people actually trade in Crypto.
February 10, 2018, 11:33:23 AM
It's down now. Is it because you said that the rise to 8600usd was the cause of the decline? I think the adjustment phase should be around 7500usd. In the long run, bitcoin is currently in the downward adjustment stage.
I don't agree. Bitcoin is bullish right now, there will of course be bumps on the way up but it's going to return to 10k in the coming days or so I'm fairly sure. Probably higher. Similarly when bitcoin falls there are so called 'dead cat bounces'
February 10, 2018, 10:47:05 AM
It's down now. Is it because you said that the rise to 8600usd was the cause of the decline? I think the adjustment phase should be around 7500usd. In the long run, bitcoin is currently in the downward adjustment stage.
February 10, 2018, 10:39:37 AM
BTc wil get again a rise, with breakout to 8600.
my thinking not any advise.
MTN NETWORK DID ADD IT on telegram.
my thinking not any advise.
MTN NETWORK DID ADD IT on telegram.
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