With all this bearish attention on BTC charts, I'd decided to make a chart with a bullish bias opting for another rally too $1k+
From the first flash crash w/ China ban #1, every low following has been higher than the one before. (Whether it be by a penny or a few dollars, higher is higher). If this dump goes past the 400 Gox Low then chances of another MOON rally are extremely hurt. There's a difference between manipulating lows for a bear trap and changing market dynamics completely and I believe the borderline (by definition of an uptrend) is the previous low.
As I said in the chat, its World War Whales 4 so choose a side and stick with it. You cannot jump sides on each battle hoping to be on the winning side of each.
I'm personally buying with a mental stop loss if bitcoins drops below 400 (gox low)
Enjoy!
From the first flash crash w/ China ban #1, every low following has been higher than the one before. (Whether it be by a penny or a few dollars, higher is higher). If this dump goes past the 400 Gox Low then chances of another MOON rally are extremely hurt. There's a difference between manipulating lows for a bear trap and changing market dynamics completely and I believe the borderline (by definition of an uptrend) is the previous low.
As I said in the chat, its World War Whales 4 so choose a side and stick with it. You cannot jump sides on each battle hoping to be on the winning side of each.
I'm personally buying with a mental stop loss if bitcoins drops below 400 (gox low)
Enjoy!