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ViktorC
29 nov 2017 14:29

BTC/USD - Are we at the top? 

Bitcoin / U.S. dollarBitstamp

Descrizione

Bitcoin touched the 2.618 extension of the previous pump so this may be the top for now. A correction could take Bitcoin back below 10k. If that occurs, who knows what might happen.



Since BTC gives TA the finger over and over again, I might be very wrong.

Commento

It appears that $11400 was indeed the top (for now).

Commento

Update:
Commenti
jaitor
good call
ViktorC
DAMNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
spacemonkeey
TA no longer matters to BTC. The masses are finally waking up to crypto and want in on it. I think we'll start seeing the price take the elevator down as we close in on the intro of CME futures next month, then a whole bunch of volatility afterwards, (which will be great for trading, imo.)
AdrianZen
@spacemonkeey, The futures essentially bet on the price movement, they don't inject money into the market. There are even futures weather contracts and if the wales from Wall Street or China decide to pump and dump and coordinate their actions with the expectations of big players of futures we'll be in a totally dependent market.
rajsekharalla
looks legit...
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