The first wave of a 5. Im selling a good amount of my portfolio now, including ALTS and I will buy later after some consolidation. BUY area: $7.500 ~$6.600 Targets: $12.000 ~ $15.000
Komen
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I'm Still bulish on long term... If you want to swing to $9.300~$9.500 is up to you, I will wait better prices:
Nice chart, I appreciate the effort involved. I like the bullish projection, but think your retracement is too deep. BTC has overcome the heavy the obstacles and going back to square one is not that easy as well.
monguilhot
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@BitcoinBaller1, true, I will buy progressively. 8K could be good price.
djukic.nebojsa
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So, you think this rally is over and we're going to sub 8k from this point? Everyone and their mom are bullish and ready to buy every single satoshi... I don't see why BTC should drop just like that. What do you think it will push it down?
monguilhot
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@Djukic.nebojsa, Nothing goes up all the time, Bitcoin is not different. I think that we are bullish in Mid-term, heavy resistence on $9.600, and I will buy more at lower prices...
djukic.nebojsa
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@monguilhot, I would like to buy more at lower prices too, but not sure if we'll see them. This thing don't want to stop. Did you saw that dump attempt which happened today? Check the 1h chart and take a look on that red bar. You have to be totally crazy to buy after such bar on the top. But they just proceed with buying.
monguilhot
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@Djukic.nebojsa, Its a place of heavy manipulations. Daily candles dont surprise me anymore... $9.700 is still a heavy resistence. I had take my risk. Im holding some ALTS and thats ok. My cash is waiting the next "stop". ;-)