What price is Depair?

[BlindMayorBitcorn]

Anybody?

[derpinheimer]

Probably consists of multiple levels.

Some masses would despair/capitulate around $300, some around $200, and even more under $100.

By "despair" I mean there would be an influx of sellers if those price levels are reached.

[BlindMayorBitcorn]

Probably consists of multiple levels.

Some masses would despair/capitulate around $300, some around $200, and even more under $100.

By "despair" I mean there would be an influx of sellers if those price levels are reached.

Those speculatve bubble charts make it look lower than $100. Will security be an issue if it drops under that? Honeybadger doesn't seem to care either way...

[spiderbrain]

Yup, multiple. If we break the previous low of 340 there will be new sellers. If we break the ATH before last of 266 then there will be even more sellers, but I think that's less likely. After that 200 might be a new support, I don't see it going much lower than that.

Also, if we break 400 again this will be despair for the bears!

[scott btc]

Bitcoin is going down right buy or not at moment
will be less than what we see in Q4 ?

[K128kevin2]

Honestly those charts seem like complete nonsense based on nothing. Just random positive and negative adjectives placed in appropriate places on a chart that represents a standard bubble of any commodity.