BradMatheny
Singkat

Bitcoin -30% or more by Christmas Day? Could it happen?

BITSTAMP:BTCUSD   Bitcoin / Dolar
Unless you have a really solid belief that Bitcoin             is the future, this chart is showing me that $13,500 must hold as the current support - otherwise we are going to see a very dramatic and fast decline to SUB $10k levels by the end of Christmas Day. At sub $10 levels, Bitcoin             will have HALVED it's previous values and I expect many bitcoin             believers may be struggling with their convictions.

There is something psychological that happens when you watch $20k turn into $9k in about 6 days. It tends to make you feel sick.
Believers have been from 1k to $200.. just saying.. If you have traded this long enough, you know it is the future..and you´re already gambling someone else´s lunacy of selling a dip buy buying this dip.. This is xmas all at once for the old school believer sir ! haha
Balas
bmgbmg Benjamix
@Benjamix, the run up to $1000 and $1200 with MtGox didn’t have anything close to the volume that we see now on BTC alone $20B and most of the top 10 in billions. Some big whales and exchanges have made several billion of several million 1000aires. I’m thinking Alts especially ones that are pennies and dollars right now that have USD pairs will be popular going forward. BTC will slowly sell off and shorted on futures.
+1 Balas
@bmgbmg, You´re not the first.. Best of luck.. We´re going to need it !! haha
Balas
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