Walls are looking pretty healthy. $4M+ of coin or dollars required for a 15% movement in either direction.
Side Note: What the odds the big cats are completely trolling us with this "stability" before they start effing shit up again?
The problem with that is people are buying, but they aren't holding. They're turning around trying to sell it at a small markup. And it seems the amount of people doing this in the last mini-crash has put up a huge chunk of legitamite asks that make it very slow going if we're going up.
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wait until uptrend is there again
traders will hold .. it has been down trend for a while..(medium scope) it doesn't make sense to keep btc as a trader.. wanting to make a quick profit.. in down trend.
this is my tactic in uptrend:
buy coins... they will increase in value after a week.
lend equal amount of coins .. they will increase in value after a week
when a "little" correction happens.. sell the borrowd coins and short if possible.. .. and get the fiat profit. at the bottom of the correction.. buy new coins with the fiat profit.
this way I have double profit on the coins I started with.
with downtrend.. I just do the opposite..
so basically it does not matter which way it goes there's always an opportunity.
at this point i'm putting some bid offers at lower price you never know to get lucky to have some cheaper coins..in the weekend dip.
i'm not expecting for new big selloffs to happen so i'm getting my bull hat ready for the coming weeks.. it might take some time but .. imho.. up is the way to go after consolidation.
I'm a bull in general though.. I like the price to become high enough so the "mainstream" traders with millions at their hands can join the ride.. now the orderbooks are way to thin.
also I just have a "gut feeling" it will go uptrend again , have been right most of the time (90%) it's still a gamble though haha "this is Bitcoin"
Regards
wonky tonky
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