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RE: Bitcoin (BTC) Mid-Day Update: Alternation?
But it shouldn't move up, it should move DOWN so we can have the full correction we need (all are waiting for the magic number 8000, psychology makes the market and will not be satisfied without it or less).
After that, if can go up. Without it, it will only go up a little and down again, up and down again...
If that does happen, which I expect, we'll have weeks more of agony and mistrust and o relief, and a prolonged bear market.
I can see how some people are fascinated with prolonged water torture, but I don't want to keep talking about this till May or June
very interesting!
Yeah as much i would like it to go up i think the whole feel of the market wants $8000 Bitcoin to get some value again. At $8000 the volume will return BIG TIME then when the wall street hedge funds see that the market is engaged only then will they pump a bull run.
I agree, a down movement next for Bitcoin seems absolutely inevitable: https://steemit.com/bitcoin/@investingtips/textbook-symmetrical-triangle-on-btcusd