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Topic: BTC tested 10K Support. and got bounced . - page 2. (Read 317 times)

legendary
Activity: 3472
Merit: 10611
January 23, 2018, 11:29:11 PM
#2
there are times when there is a lot less action in bitcoin price. for example in weekends, or during the month of January. and with all the rallies we saw last year an accumulation phase like this was long overdue. so it is happening now.

the FUD is always there an the newbies are always there to panic too. we just have to learn how to use it to our own advantage. why not become a whale each time something like this happens? it is a 30% drop each FUD phase which means you can increase your bitcoin amount by that much each time.
newbie
Activity: 154
Merit: 0
January 23, 2018, 08:38:35 PM
#1
Market is Going through FUD of CME Contract Expiry, starting of wall street futures contracts, indian exchanges FUD and koreans rumours are in circulation, and trying
to shake the market but this is the time to not panic and to wait so market will stablize so need to be more careful.
We have seen huge developmensts in 2017 and now in 2018, more people are joining crypto space and price should start moving upward. The FUD is being spread to bring
down the price of BTC so that institutional investors/whales can buy cheap btcs from you so dont sell painic bottoms and wait for right time.
If the price goes down to 7500 to 8500 zone which not so likely to happen until big players want it to happen. Even if it does then it is expected to bounce hard!!! so watch out and always stay in profit!!!!
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