[ Bitcoin ] Still going down, but the low might be near
We have moved another leg down from $8282 yesterday to $8049 currently. $8200 support did not hold. We are now waiting to see if $8000 will hold.
Tone Vays noted yesterday that we have another 6 days down trend and his target is $7600 to $7800.
The current momentum is bearish, so I think we will break $8000, but would not like to see us go lower than $7600.
Here is Dan from The Chart Guys giving more details on the $8000 level. He is in no trade zone and waiting for the $8000 level break.
Looks like everyone is waiting for the $8000 level break. Do you think it will happen?
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Looks like $8000 will fail, but I wonder how it will pan out now that everyone is expecting it?
I think we will see $8000 fail, but it will be short lived. I think the BULLS are ready to pile in as soon as $8000 breaks. I think the price will shoot up fast after the event.
More support for $7800 level. Watch this video. Very positive:
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Agreed, I also think we will see buyers coming in if the price drops below $7700!!
Everyone is waiting for 7700 or 7800. I wonder if it will happen with everyone watching and waiting like this?
Big time, I think @kenneths
I dont think it will go below more. After getting some strenght , ready to explode
I am waiting for that explosion. I trust this will be the new higher low after the 6500 low.
It will be very interesting to see if $7950 was the bottom. To money comments where being made for $7800. Bulls are ready to get in and might be willing to wait for $7800.
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