It's not impossible to see what BTC is going to do. We originaly seen a rising wedge that broke and then bear flag after bear flag. BTC then double topped and dropped more and is currently in another bear flag as I write this. This means the price is going to continue to drop. 1 Day chart shows a double top, MA on the 1 Day,4 hour and 1 hour is indicating bearish. I could go on how this market is going to continue it's drop. You should be seeing this right now!
kenj1
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I would have to politely disagree, sir. Putting money in that dumpster fire is a very dangerous move! The worst of this correction has yet to pass. Nobody out in the real world gives a damn about Bitcoin. Retail volume is at an all time low. Invest at your own peril. MM's making breaking ankles out chea
Younzo
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@kenjoyable, well said. Dont be fooled, cause we are going down first !
kenj1
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@Younzo, The bounce will be great! Think short term, stack cash not coins!
Younzo
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@kenjoyable, yes. I do expect it at 5050$
rlreecer
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@kenjoyable, yep, the bad actors in the Industry have spoiled it for 2018, will take time...Coinbase, exchanges like that...BAD FOR CRYPTO
rlreecer
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@kenjoyable, i'm not buying because the most recommended, almost ONLY place to buy with $$ in the US is Coinbase...and last 5 buys i did there they charged me double took 9 days to get my $$ back, folks only getting their withdrawels after waiting 60 plus days after filing a CPFB complaint, wire deposits "lost", it's a freaking NIGHTMARE...is it any wonder people are leaving by the hordes?
kenj1
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@rlreecer, my sentiment has turned bullish, fyi.. i made large purchases into BCH/LTC (10k) in the last half hour. Time will tell. Just putting my money where my mouth is. It's all houses money anyway.
kenj1
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@kenjoyable, my sentiment changed drastically very quickly, btw. Just being honest. Cash is king right now.
Simon111
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I just looked at the actual news, it was a phishing attack and that's it. Don't spread FUD yourself.