So price wise, is this going deeper or are we out of the dark? I personally think that we will go and test prices around 3xxx, where it should bounce back up. Again, no real TA behind it, just my own prediction based on different articles and stuff.
Would like to hear what TA specialists have to say about this. And maybe throw us some graphs.
You read a bunch of articles saying that bitcoin is going down, therefore the weight of the evidence causes you to feel that there are pretty decent chances that bitcoin is going down.
That makes a lot of sense.
You are wrong, try not to assume so much.
How could I be wrong or assuming, when I am merely attempting to make a parity out of your earlier post by summing it up?
Are you now qualifying what you said, or are you asserting that I mischaracterized what you said?
In December most articles were about how it's going to the moon and extreme levels,
So what? We get articles that go with the momentum all the time, and when the trend reverses, those articles end up being wrong. You are not saying much by merely describing what a bunch of articles are saying, especially if they are just talking about the trend... and having higher (or lower) expectations depending on the then BTC price direction.
though I was pretty sure around 12-13k it will crash soon and hard, ppl were still buying pretty actively then.
Well, yes many of us had sentiments regarding the topping of the BTC that just kept going up, and up, and up, and I had similar sentiments.
It remains amazing how those bullish sentiments work, and the bearish sentiments work in similar ways, too.
At some point, any of us become wrong.
I can read 10 positive articles and have a negative view after that, or vice versa.
Ok. That is good, but that is not what you seemed to be saying in your previous post.
In any event, if you are not tweaking your previous prediction, then it seems that you are continuing to anticipate the BTC price to bottom out in the $3k-ish price territory... What kind of action are you taking to prepare for your anticipation of the price movements? Did you sell some or all, or are you planning to do it at certain price points? Are you holding? Are you planning to buy? If you are planning to buy, at what price points would you do it? Do you play with margin or not?
Poll
