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RE: What will Bitcoin do next?

in #bitcoin7 years ago

I'm hoping for a consolidation as well. I have some buy limit orders in ranging from $5400-6000. Friday seems to be the down day in cryptos, so I will wait and see what happens friday and readjust my orders if need be. Good luck!

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Maybe I am optimistic, but I am hoping for a retest of those lows around $5,500, maybe even all the way down to $5,000 (ish). The longer it holds up here though the less likely those numbers look to me.

I completely agree with you. That is why I will give it until this weekend and readjust my trades accordingly. Just need a little patience and some luck. I can't believe that I think BTC in the $5000's would be a good "buy" price. Life moves fast in the crypto world. I remember buying sub $1000's...

Haha yes! I remember buying some around $4200 and was really wondering if that was a good spot to buy... A few weeks later it had doubled. :)