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RE: My observation of whale wallets during the last sell off

in #bitcoin6 years ago

YES, Butttt…..

These same ppl could be building cheap reserves for a "dead cat bounce" and make some killer Fiat on a run back up to 6-7k and then crash it again. I have heard that $1,500 is possible for BTC. Is there any way to estimate these possible "lower support levels" in your mind?

Nice Article, I am looking to post one of my own soon, may I link to this? :o

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Yes please link to this you're welcome.

1.500$ wouldn't be typical for the behaviour of the price comparing it with it's historic reference as corrections haven't been that large in price but in time. 3000 is last stand and if that breaks strongly now or later the bull market would be over for few years.

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