litecoinodyssey
Singkat

Don't Fall for hope, BTC still falling

BITSTAMP:BTCUSD   Bitcoin / Dolar
in this chart, we can clearly see that bitcoin             is still following the downtrend line and is still seeing bearish momentum. Why is this? well we usually see a sell off during december, but bitcoin             has been greatly pumped and over extended and needed a massive correction. This is what we are currently enduring, but for how much longer? people are throwing around figures of $1000, $6000, $8000, while others believe it wont go down much further...I see from this chart that not only is there more bearish movement to be brought, but possibly a lower low down to $9000-$10,000 levels. The fundamental reason behind this, is that Ripple is now taking the spot light, and showing people a currency with instant and free transactions, A huge improvement from bitcoins             current speeds and costs. Can Ripple dethrone Bitcoins             market cap share? realistically yes, and possibly this coming january. So for all those holding, i would personally get out now and get into tether or ripple. Those looking to buy in, wait for lower levels.
Komen:
snapshot


better view of the TA
Wrong guessing
Balas
ghose12 stephen007
@stephen007, HE IS RIGHT ..DROPPING TO 11K
Balas
ghose12 ghose12
@ghose12, BUT THE RIPPLE DETHRONE BITCOIN IS HILARIOUS MAN..
Balas
@ghose12, the key is to not marry a crypto. If you do, you will become ignorant about it. Just wait and see
Balas
@stephen007, can you explain your opinion?
Balas
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