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Author Topic: 6K is just around the corner, will you buy in this time?  (Read 63 times)
AICoin_Official
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March 30, 2018, 01:16:42 PM
 #1

BTC experiences a volatile session as price surges at noon after slumping with expanding volumes in the early morning.

Though price gets really close to $6,000, we’ve seen no signs of dumping chips so far as indicated by price action on daily chart.



Even if bulls counterattack, rally remains weak as bears still dominate the market. Bottom can’t be reached to for now even bulls manage to push price up.

Light or empty positions are still recommended.Volumes during current downtrend is clearly lower than that of last round, indicating that price will receive strong support from the major support at $6,000.

It takes time for the support at $6,000 to be digested, thus making it possible for another wave of rally to be initiated near $6K.

Daily traders is estimated to push price up before it falls to 6K, bounces caused by such behaviors are believed to be as weak as usual.

That’s why the target should be set at MA 5 for now. Price holds greater chances to initiate minor rallies in the next few hours, the overall downtrend remains unchanged.

Sorry but bear is still there.

Original by Kuang Ren, translated and posted by AICoin Jami.

Full-version: https://www.aicoin.net.cn/article/19096.html

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BrewMaster
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March 30, 2018, 01:36:36 PM
 #2

at this point since the market is a bear market and price is not showing any signs of a proper recovery buying should only be if you want to day trade or if you don't mind the possible near future bottom and want to hold long term.

in case of day trading there is a lot of good opportunities to make at least 5% and up to 10% profit per day but at a higher risk that is associated with day trading.

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March 30, 2018, 02:19:36 PM
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The current price of Bitcoin is the best time to buy and hold since it look like very soon the bullish trend will commence and probably one will make profit at the end of it all.

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March 30, 2018, 02:20:37 PM
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The current price of Bitcoin is the best time to buy and hold since it look like very soon the bullish trend will commence and probably one will make profit at the end of it all.

Sure just like 17.000 was a GREAT price to buy, $16.000 was even beter, $15.000 was a steal and now we're at $6800. You guys never learn. We'll see $2500 before august, you can make a screenshot of this post.
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March 30, 2018, 02:28:58 PM
 #5

I just checked prices from coinmarketcap and bitcoin is currently bellow  $6950 and ethereum is at $389! I think the bottom is here and I will buy now and sell some few days to come as it seen that price may go up very fast this time around. I think for short and long term holders now provides another opportunity for you to invest into cryptocurrencies as everything seeing to be at the lowest price now.

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March 30, 2018, 02:42:53 PM
 #6

since it look like very soon the bullish trend will commence.

Please show me which indicators makes it look like that, or are you just hoping and believing really strong?

We will soon test support at 6 k and personally I think we will break it, there is no volume to keep the price up.

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March 30, 2018, 02:49:15 PM
 #7

The current price of Bitcoin is the best time to buy and hold since it look like very soon the bullish trend will commence and probably one will make profit at the end of it all.

Sure just like 17.000 was a GREAT price to buy, $16.000 was even beter, $15.000 was a steal and now we're at $6800. You guys never learn. We'll see $2500 before august, you can make a screenshot of this post.

Maybe they'll issue $3billion more Tether to pump the price first?

Learn the *Truth* about Big Company Mining Pools!!! Stop Giving Your Money Away!!!
BrewMaster
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March 30, 2018, 03:27:09 PM
 #8

The current price of Bitcoin is the best time to buy and hold since it look like very soon the bullish trend will commence and probably one will make profit at the end of it all.

Sure just like 17.000 was a GREAT price to buy, $16.000 was even beter, $15.000 was a steal and now we're at $6800. You guys never learn. We'll see $2500 before august, you can make a screenshot of this post.

Maybe they'll issue $3billion more Tether to pump the price first?

issuing of tether has never had anything to do with bitcoin price and will never have. it was always a big ass FUD that they started to create panic and initiate the dump and start up the bear market.
otherwise a lot more new Tether has been issued during the bear market and price has been falling even with the new tethers!

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March 30, 2018, 03:37:17 PM
 #9

The current price of Bitcoin is the best time to buy and hold since it look like very soon the bullish trend will commence and probably one will make profit at the end of it all.

Sure just like 17.000 was a GREAT price to buy, $16.000 was even beter, $15.000 was a steal and now we're at $6800. You guys never learn. We'll see $2500 before august, you can make a screenshot of this post.

Maybe they'll issue $3billion more Tether to pump the price first?

issuing of tether has never had anything to do with bitcoin price and will never have. it was always a big ass FUD that they started to create panic and initiate the dump and start up the bear market.
otherwise a lot more new Tether has been issued during the bear market and price has been falling even with the new tethers!

Wow you sound soooo convincing

https://www.tetherreport.com/


Learn the *Truth* about Big Company Mining Pools!!! Stop Giving Your Money Away!!!
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