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RE: Bitcoin (BTC) Morning Update: And So It Begins.....a Breakout!!
There is a higher chance it would drop again, so now would be bad time to buy. I just think the best thing is to hand on for a bit
There is a higher chance it would drop again, so now would be bad time to buy. I just think the best thing is to hand on for a bit
Yeah, it tried to reach 8000 again but failed, twice. Now, it's below 7800, as I type this.
yea yesterday in our group chat we saw shorts lined up. So we thought it was going to dip, it did a little but someone came in and wiped the shorts and caught them with their pants down. We didn't expect it to go that direction but big pump wiped it out lol.
@nkd11 It's been above $8000 for the past 5 hours. I'm keeping an eye on it. If this is the peak, people might start selling and shorting. It could be a wild ride. What are the volume levels?
It's not looking as though it will drop. I am getting nervous.......will sleep on it and check it out in the morning. :(
Lol, well it should not, for us that bought at 8000
There is strong resistance at $8500. So be prepared for a drop in price if it doesn't break through the resistance.
Yes I noticed, just hope it doesn’t go below 8000. That would be fatal
Actually, it wouldn't be fatal. It would mean that the next bounce would cement the previous bounce and boost it even higher.
Okay, that would be great tho.
Just remember, the same whales who pumped up the price can also do a pump and dump. Bitcoin could fall to $7000 in an instant.
You bought at 8000. I hope you sold at 8400. It dropped to 8105 before I typed this.
Nah, I wasn’t online. My loss, but surely there is hope
If it breaks past 8500, the next line of resistance is at 9500.