BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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A simillar move has happened before, so don't be surprised.
Short now and place your limit buys around 200.
Give it a little overhead up to 320 though ...
the question is if 200 will be the real bottom or more to go
+1 Reply
F.U. Papa
i would be surprised we'd stop anywhere near 200 if we break 240. the panic and bag-holder dumping would be enough to get us to double digits. But personally, I dont think BTC will break 240- too many people invested in this already to just let that happen without a fight.
+1 Reply
then how about 222 ?
+1 Reply
RD965 MagnusTradingGroup
How about 250?
Reply
it may just stop at 240 right on the red trendline ... worth taking some profits atleast :) thx
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up to 315 then ... break down 200 ?...
+1 Reply
ChartArt khoilevt
That's how you make money...
+4 Reply
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