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Author Topic: Wow. What a weak bear move  (Read 505 times)
teilwalL05
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January 22, 2018, 12:52:21 PM
 #41

I was predicting (a few days ago) that we would see some last death struggles by the bears, which might bring us to retest the critical $9k support levels, or even $10k, before going to the MOON ($20k run).
So what's happening? We've been staying above $11k for the past few days. Are the bears really this weak?
I do not understand why you are saying that this was just a "weak" bear movement. For me, the price is perfect at the moment, it is slowly dropping and it is just a new chance to keep buying some more.
But no, it will go down by a little bit more before pumping again.

He's saying that because he is predicting that bitcoin would go dip in the $9000 mark value and then go to the  $20,000 mark, But I am not pretty sure about it because this is just his prediction and a predicting a specific amount is not really possible maybe it is just the $10,000 mark then we are proceeding to the $20,000 right now because the price had already been in the $10,000 mark so the target right now is the $20,000 or even more.
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January 22, 2018, 12:59:36 PM
 #42

The BTC future expires this Friday. I honestly think that institution investors have shorted BTC. If the price is driven to a new January low by this weekend... you'll know the bears are running this show. With names like Warren Buffet saying he would short BTC into oblivion, it doesn't instill a lot of faith in the outlook. Instead, Keep an eye on the futures and plan accordingly.


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January 22, 2018, 09:03:05 PM
 #43

If the U.S. wanted to ban Bitcoin, they've had 9 years to do it and still haven't done it.
Most countries that banned BTC did so recently. India being the latest, last night. So there goes that argument.
India banned bitcoin? No, you got the wrong info. Bank accounts of India's major cryptocurrency exchange were hold.
Source: https://dowbit.com/indian-banks-freeze-major-cryptocurrency-exchange-accounts/

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