Instead of your top, I'm calling a BOTTOM @ $16,500.
Think fast buddy, if it breaches $11,2 no more support til around $9,9...
So much easier to make a decision when you have time to think about it.
Yeah my previous bottom call was shit. Or not really shit if we hadn't had a black swan EOY sell off. But I didn't buy that bottom anyway.
I DID buy the $11,500 dip. Prepared again to buy @ $9900 if we go lower.
And you sgbett?
No chance! 2 reasons:
1. I always, in the past, bought back in too early on corrections. If I was gonna buy back in, I'd probably wait until I felt like the bottom was in for real (still thinking $3,7 but that is probably months if not years away). I'm no trader, trying to time local tops and bottoms for me is a mugs game.
2. I don't think BTC has the fundamentals to warrant a recovery this time. BCH is now Bitcoin for me, that is the one that will recover.
In 6 years I have remained incredibly consistent. I have never wavered in what I believe Bitcoin is (the concept, not the 'product'). I have always believed in global, digital p2p cash with massive worldwide adoption. Nothing has changed for me, except the name of the project following that vision.
How about taking on a bet instead of spreading FUD fool?
When do you think BTC will fall below $10000? I say never ever again?
Lets take a bet and you can put your Money where your mouth is!
lets do some math.
