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RE: Bitcoin (BTC) Evening Update: Short Term and A Viable Alternate

in #bitcoin7 years ago

thank you @haejin but at what price can we consider it invalidated and a the bearish scenario becomes primary?
I was looking at it earlier and thought similar to what you thought...but are you saying that if BTC falls below 8100 it becomes a bearish for primary?

It did shoot down quickly to 8045 on some exchanges at the time you posted. how strict is it about staying on top?

Thank you

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It's 8080 now on Gdax. Next resistant around 7k

houston, we have a problem

I laguh so hard, almost hysterically because I also wanna cry xD

lmaoooooo me too bro, me too. were all about to get KO'd by the markets. I cant take a punch! 😰

Then sell and buy lower girl

lmfao im not a girl, ma'am

I rather using CoinGeko and it's starting an uptrend, it's a little more hopefull there, let's just wait for the korean exchanges to keep a bull trend, I always hope koreans don't blow things up ._.

Koreans are the BEST! they keep the markets up... plus haejin is Korean lol. Gotta love them. Haejin has made me rich and im 21. well... on the way to becoming rich.
@haejin if youre reading this I love you!💙

Actually I was trying to make clear that asians market tend to establish markets, not the other way around xD

lol oh, sorry for misunderstanding :)

lol, not true because I am Korean but I am watching Crypto and will for days to come. Korean and Chinese New Year coming in? I am watching my cryptos.

nice! happy new years!

is this possible?

sorry. don't trust binance count. It stopped for 2 days.... it's missing pices.

This is my primary prediction right now. A slight correction but then back upwards. I still believe we are in a larger correction and this uptrend is wave B of a large ABC correction so we should see prices above $10k again but then price might drop down hard to like $3k again before making another bull run to $50k+

It is still weak. A drop below 5000 is highly possible this coming week.

It seems to me the 38.2% retrace at about $7900 could be a logical turning point that has not yet been hit. Thoughts?

you can not count the subwaves! it's a shit ton of overlap!

Exactly the same question on my mind!