Has BTC reached a local maximum at 5,000? Like Dan Ackroyd's character said in Trading Places, "Now." |
Has BTC reached a local maximum at 5,000? Like Dan Ackroyd's character said in Trading Places, "Now." |
Far cry from erlang dude telling me to mine BTC when it was still under a buck. Something about a whistleblower who got away...
This game has been around for a long time. Once Goldman and others got involved in earnest it was over. At least they've advised market makers and the public that the buy range is below 2000. That's why I said it on my other account; my chart analysis cooborates that support is way the fuck down there.
I'm still incorporating outside info in some form as it becomes applicable. and it's applicable here..
Manage risk.
I'd speculate on selling 5k-5.5k which may have passed, or maybe not, and buying below 2k depending on how the downtrend shapes up. My stop loss for this single idea is from 5.5k-6k.
It's going to drop further, Nico.