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Author Topic: So correction is coming?  (Read 1553 times)
Bagaji
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August 18, 2017, 06:23:50 PM
 #21

Base on the current decline in the market value of Bitcoin, before it will gather momentum for a break through at $4500 the decline in the market value of Bitcoin will reach like 10% down ward for currently is still at - 3% which means there is tendency of further decline base on some of the current candle stick.
5ensei
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August 18, 2017, 06:49:23 PM
 #22

The bitcoin boom is bad for crypto overall because it means people are dumping alts to jump on the btc bandwagon. Alts are useful because they offer an alternative crypto service whereas bitcoin is just an object of value with no real function.

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okissabam
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August 18, 2017, 07:33:08 PM
 #23

I think the correction had already taken place but the activation has not been done yet. For sure bitcoin will still move its prces up and down until it will be fully activated.
AleSergio
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August 18, 2017, 08:48:03 PM
 #24

~snip~
BUT: weekend is coming, this is an appropriate time for a big correction.

I do not see any connection between bitcoin correction and weekend. Bitcoin trading does not close on any exchanges and on any date. It is always open. It can be corrected on any day of the week. The trend still remains for the past few days, support for 4000$ and resistance for 4400$.


Nahh it is always so on weekends people sometimes are just relaxing somewhere and dont bother a lot about their investments. Also they sell them to go out or to buy something and weekends are the best time to do so. Thats why before weekends price is always lower, than on Mondays Grin Just saw this trend in a couple of months. That the best time to invest it Fridays and the best time to sell is Tuesday Smiley

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WaqhaZ
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August 18, 2017, 08:56:13 PM
 #25

4045.19 USD is the current price for BTC but in 2nd week of September it will reach 5500 USD. Its a high time to buy as many Bitcoin you want to get good ROI's.

I already bought 4.
illicit
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August 18, 2017, 09:07:01 PM
 #26

Resistance at 4500.00. Alts may start to catch up.

I'm hoping that BTC keeps going past 5000.00 this weekend. I would like to see the alts fall some more before buying in again.
Yeah hope that the other alt coins would catch up real soon,
Hope that they would also be pump .
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August 18, 2017, 09:36:51 PM
Last edit: August 18, 2017, 10:31:08 PM by cryptodollar
 #27

$4450  Thursday Night..  Trying to push $4500  c'mon  $5,000 by Monday
$4390
$4311
$4251    The SELL Order Volume is HUGE
$4166        Price dives...
$4111           little resistance on the way down...
$4064
$4011     oh noeeess
$3996        whaat the hell....

-sigh

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