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RE: Well, did you buy the dip?

in GEMS4 years ago

I thought that it was going to be a slowmotion fall (about a week) but it literally crashed yesterday lol... good thing that it stopped right at a rising line that is coming from last year, and when it broke it last march, I did short it, I don't think that will come down to 7.500$, BTC will have to go all the way down again to break that support and probably going to the 6.000$, just seeing the way BTC touched the line and went back with strenght

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So, you are in the camp saying that was the dip?

well, I hope that was the dip, but I think it can follow another stock crash as well, and as long as it doesn't break the big support on 8.200$ it will not go lower, if it does break it, I think it will go down to 6k-7k.