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Topic: BTC dump breaks through 53K resistance barrier - page 2. (Read 240 times)

hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
Not actually a resistance but rather a strong support and eventually it is really been set based of technicals which is on $52k price point and we are already here (52,500) as of this writing

which the next big support would be on $47k and if this movement will continue then we would really be seeing below 50k price point which i can say that this is just some another normal day shake-off

here on this market.Im actually waiting for it to go below 52k before i do make out some decision on accumulating cheaper coins but for now i'll need to wait a little bit before it settles down and
presuming for some possible recovery.
legendary
Activity: 2394
Merit: 1131
I will keep HODL. There is no reason for us to panic and sell our bitcoin too. I even think this is the best time to accumulate bitcoin more because it's cheaper than yesterday. Let weak hands dumped all their bitcoin, so there will be only HODLer bitcoin later
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Although I've experienced a lot on this. Seriously it's giving me some panic attack but I'll hold.

It's now $52,775. But even if there are a lot of sell orders, it will also be retrieved by dip buyers so we might see a quick recovery just like the Elon effect after Tesla's announcement.
legendary
Activity: 2030
Merit: 1189
Some of you might have seen the massacre that's taking place right now, with BTC experiencing massive sell orders tumbling it under 53K...

What are everyone's thoughts at the moment? Do you still HODL when sell orders as high as 49M are coming through breaking any resistance there was?

It would be interesting to see people's thoughts, as I'm sure many are panicking right now.

Comments & feedback will be appreciated as always Wink
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