This Week In Bitcoin: Is The Bloodbath Over? - futures io
futures io



This Week In Bitcoin: Is The Bloodbath Over?


Discussion in Crypto Futures

Updated
    1. trending_up 688 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 0 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

This Week In Bitcoin: Is The Bloodbath Over?

(login for full post details)
  #1 (permalink)
 UTA990 
chicago
 
Experience: Advanced
Platform: sierra charts
Trading: es
 
Posts: 14 since Nov 2014
Thanks: 0 given, 12 received

BTC seems to be trying to hold the line and keep the bears from putting pressure on the bulls. As of this writing BTC seems to be trying to challenge the 9k level. Dancing around the 6200 to 7700 area they seem to have firm footing now above 8200-8500 level. So whats Next? Traders like myself know that the Crypto Whales that got long at the 5900-6700 level will be the first to dump around those higher prices and hope that newbies will load up at the 8000-10000 mark. Dont be fooled they still smell blood in the water due to regulators,Crypto bans and quite frankly those late to the party are cautiously trying to get in or hope and pray that higher record prices are right around the corner. Experience traders know to be patient. 9k is great 11k better but we will wait and HODL as we are looking for surges up to previous highs and hopefully another record year for BTC. Remember even with the wicked selloff nothing is wrong with BTC just the climate around it. We are still in the first innings of this new technology and its better to build a good position over time than to fall prey to FUD fear uncertainty and doubt.

Started this thread Reply With Quote


futures io Trading Community Traders Hideout Crypto Futures > This Week In Bitcoin: Is The Bloodbath Over?


Last Updated on February 9, 2018


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts