we are going to wait a few days in this triangle and we will go either way i personally think that btc will go to set new highs. but its just a feeling meanwhile you can trade a bit inside the triangle but be careful. :P
I think another head and shoulder. So down again....too much selling pressure from peak buyers trying to exit the market.
CptGucci
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This pattern seems to be in conjunction with the marketcap. The market cap was at 800B now sadly dropping to 700B might see 650B marketcap.
mitzile
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@CptGucci, yes we can make a correction but in my opinion its to risky to open a position right now if we break the triangle with head and shoulder well see a dump to 12K +-
IT SEEMS WE R IN FAKE BULL RUN OF 1.2K..IF 15.5K DIDN;T REACH IN FEW HRS U CAN SEE 12-11K LOWS...BETTER SHORT AGAIN AT 14.7K..BUY AT 12K...
mitzile
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@ghose12,
yeah it could be
if we go down we can even touch the 8-9k
darkandblue
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@ghose12, man you are in every post and really trying to put btc down...
mitzile
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@retiringsoon1, lul
Zakir-Ahmed
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@retiringsoon1, I don't wanna put BTC down..u have to move with mr.market...if you don't u loose..I myself hold 8 BTC why would I think to bring it down..