Bitcoin Forum

Economy => Trading Discussion => Topic started by: Iwantthesundae on December 25, 2017, 11:16:40 PM



Title: 3-4 days of bearish flatline (for the most) prices... which way is it gonna go?
Post by: Iwantthesundae on December 25, 2017, 11:16:40 PM
Do you think there is still a correction coming? I've been watching btc bch eth and ltc and they are all pretty stagnant except eth seems to be picking up the lead in gains in these 3-4 days.

what if people over the holidays are talking about it and because it lower then it has been what if they all sell what if they all buy what do you think is going on in everyones heads?

I had caught LTC at $235 but i was day trading and got out lol. Im waiting for another dip but honestly all of them have barely made any kind of 10-20 dollar volitale dip like they were doing before they seem to have turn bearish? maybe because of the holidays?


Title: Re: 3-4 days of bearish flatline (for the most) prices... which way is it gonna go?
Post by: O4karitO on December 26, 2017, 12:56:13 AM
I expect a correction to be complete at 10k with possible overshoot to 8k (btc). Based on fib levels within a log channel. This is where I have my limit orders


Title: Re: 3-4 days of bearish flatline (for the most) prices... which way is it gonna go?
Post by: mk4 on December 26, 2017, 01:40:30 AM
In my opinion, I think we're gearing more towards a bullish market now, as I personally think the correction phase is over. But bitcoin's price is going to probably move sideways for a while. The price being stable at around $14,000 feels like a breath of fresh air though. Stability is also good in my opinion, especially when talking about a currency.


Title: Re: 3-4 days of bearish flatline (for the most) prices... which way is it gonna go?
Post by: Iwantthesundae on December 26, 2017, 04:32:06 AM
they all seem to be ticking up right now Eth was higher for around two hours % wise over btc bch ltc and now they are all in green%
im guessing everyone is home form christmas celebration and buying more or getting in?