Topic: upside pressure at 450-470 building (Read 593 times)
When cny dumps bitcoin rise 50$, remember it
The bitcoin price is just fluctuating, fellas. I don't know how anyone can say with certainty that we're stuck at 450 or whatever. It's just random movements.
Im going to be buying until june, when the insane pump will happen. Will be 1K, 4.5K, 12K? Nobody knows, but it will be huge, and im not sure I even want to short, so I'll probably hold. I would become too depressed if I sold too early trying to sell and therefore being left off the game as I fail to realize then to cut loses and buy back.
I'm expecting a crash maybe next two or three weeks. I guess those whales still didn't sold their cheap coins.
Looks like it's struggling to hold 450 at the moment. 80/20 we are going back down to 430.
It is the most common situation in any commodity trading. The round numbers are always big resistance to hurt the prices progress to go further. But I don't thing bitcoin will find any that much difficulties to go beyond $470 levels also.
the profit takers / shorties are piling into that price zone
if it doesn't hold they are going to be forced to cover, forced to rush in and buy, will be a spike to over 500 in very short order.
who knows maybe 450-470 holds.
50/50 odds as normal, but if it breaks to the upside it will be vicious.
if it doesn't hold they are going to be forced to cover, forced to rush in and buy, will be a spike to over 500 in very short order.
who knows maybe 450-470 holds.
50/50 odds as normal, but if it breaks to the upside it will be vicious.
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