Bitcoin Forum

Economy => Speculation => Topic started by: Walrus1 on January 16, 2018, 12:55:37 AM



Title: How do u feel about btc current support level
Post by: Walrus1 on January 16, 2018, 12:55:37 AM
https://www.investopedia.com/terms/s/support.asp

I don't compare btc with stock, gold or another other investment type thingy but it's interesting to watch btc hold this support level. I think people are getting annoyed it's not going up making us wealthy so I can get ring side seats at a great boxing match but I'm really digging this support. It doesn't want to drop below 12k and in my eyes this is a good thing. Chances are btc will have another breakout but on the off chance it doesn't, I have a wallet full of a steady currency giving me an option.

https://www.investopedia.com/terms/r/resistance.asp

We do have the resistance level to consider as well.

Again, let me clarify BTC is not a stock, I don't look at it as such but there are numbers here we can use to help us better look at btc while not making predictions as to me I read predictions that it will drop to 3.50 a or go up to a million. I dismiss these predictions and I'm sick of "crypto experts"