Topic: Oh My God, What Happened to Bitcoin? - page 2. (Read 312 times)
If you ask me bitcoin still has a good value although it differs from people to people to when they started and getting to realize it is the starting point for them then more than that was valuable or considered a god omen for bitcoinminded people and good investment but not so many understands that it was still a good value although they lose on it at the end of the bargain . It changed drastically since February up until now. However i don't judge people by their judgement cause i too is not that good when explaining all i can do is give you the positive thoughts that don't lose hope bitcoin will manage. Keeping this way of thinking may help the community from bad reviews, feedbacks and other kinds of negativity to scare people to sell or not even involve anymore because of that reason bitcoin falls down.
What happened to Bitcoin? What happened to the people! 
Charts show clear manipulation. The dumps reset the market to lower levels, where if you look closely, no dump means stability till the next dump.
Retail traders aren't selling; all dumps that you see right now are very likely meant to milk BitMex in combination with high leverage trades.
Chillax. You can start worrying when retail traders start massively dumping their coins.
Charts show clear manipulation. The dumps reset the market to lower levels, where if you look closely, no dump means stability till the next dump.
Retail traders aren't selling; all dumps that you see right now are very likely meant to milk BitMex in combination with high leverage trades.
Chillax. You can start worrying when retail traders start massively dumping their coins.
Yesterday, Coinrail, a south Korean trading platform, suffered a cyber intrusion that caused bitcoin prices to fall. And the decline was the highest in three months. (about 50 percent).
For me, Cryptocurrency is an amazing thing, which has changed so quickly that we can only make a rough guess by K chart analysis.
https://twitter.com/Coinrail_Korea/status/1005650529773486080
Bitcoin has a strong short position and it is aiming to push prices down to a low of $6,000 in February 2018. As you can see from the picture, the bitcoin bearish signal is still strong.
Within a week or two, bitcoin prices could fall below $6,000, and over the next 48 hours the BTC could bounce back slightly to $7,000 to $7240, before falling further.
Only if the daily closing price is above the 10MA (at $7500) can the bearish be stopped.
https://cdn-images-1.medium.com/max/1400/1*_imsHEcoajsc_tK8z4fzeQ.png
Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme caution when trading any cryptocurrency.
If you have different opinions, you can reply after reading.
Welcome to join our Telegram Group and discuss together.
Telegram Group
https://t.me/CRYPTO_EVEREST
Twitter
https://twitter.com/CRYPTO_EVEREST
https://cdn-images-1.medium.com/max/600/1*_jFTlp3DrOG6E3vWnQ8fJQ.jpeg
For me, Cryptocurrency is an amazing thing, which has changed so quickly that we can only make a rough guess by K chart analysis.
https://twitter.com/Coinrail_Korea/status/1005650529773486080
Bitcoin has a strong short position and it is aiming to push prices down to a low of $6,000 in February 2018. As you can see from the picture, the bitcoin bearish signal is still strong.
Within a week or two, bitcoin prices could fall below $6,000, and over the next 48 hours the BTC could bounce back slightly to $7,000 to $7240, before falling further.
Only if the daily closing price is above the 10MA (at $7500) can the bearish be stopped.
https://cdn-images-1.medium.com/max/1400/1*_imsHEcoajsc_tK8z4fzeQ.png
Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme caution when trading any cryptocurrency.
If you have different opinions, you can reply after reading.
Welcome to join our Telegram Group and discuss together.
Telegram Group
https://t.me/CRYPTO_EVEREST
https://twitter.com/CRYPTO_EVEREST
https://cdn-images-1.medium.com/max/600/1*_jFTlp3DrOG6E3vWnQ8fJQ.jpeg
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