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Author Topic: Forecast for the next week.  (Read 570 times)
Hazir
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November 09, 2017, 06:25:39 PM
 #21

One is certain here: the fact that SegWit2x hard fork is called off means less uncertainty going forward and that augurs well for the BTC in the long run.
Don't pay attention to this small decline - it has been always like that when bitcoin reached ATH - people just want to make an immediate profit and are selling off coins to make a quick buck.
We might see bearish movement for a brief moment - but that is a great time to purchase more BTC.


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2double0
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November 09, 2017, 07:00:28 PM
 #22

One is certain here: the fact that SegWit2x hard fork is called off means less uncertainty going forward and that augurs well for the BTC in the long run.
Don't pay attention to this small decline - it has been always like that when bitcoin reached ATH - people just want to make an immediate profit and are selling off coins to make a quick buck.
We might see bearish movement for a brief moment - but that is a great time to purchase more BTC.

That's what the "TRADERS" do, but "INVESTORS" don't think the same way.
Traders sell at highs while investors wait for it to decline to buy some more stash.
Traders speculate market's moves, investors decide market's wagers.
"Think as an investor" is my advice to those who believe that selling off is better.
If you will not hold, I believe you aren't ought to see those prices you speak about.
CoinsCoinsEverywhere
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November 10, 2017, 12:33:50 AM
 #23

One is certain here: the fact that SegWit2x hard fork is called off means less uncertainty going forward and that augurs well for the BTC in the long run.
Don't pay attention to this small decline - it has been always like that when bitcoin reached ATH - people just want to make an immediate profit and are selling off coins to make a quick buck.
We might see bearish movement for a brief moment - but that is a great time to purchase more BTC.
Agreed.  Given how much bitcoin has gone up over the last few weeks, I'm not even sure I would call the decline back to $7k worth mentioning--it's practically intra-day noise.  Wink  In any case, if we can stay above the bottom of the segwit2x cancelation news reaction (~$7k), I will remain bullish, even in the short term.
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