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Author Topic: TRIPLE BOTTOM CONFIRMED???  (Read 183 times)
richardsNY
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June 16, 2018, 07:32:34 PM
 #21

I'm still inclined to think this isn't a "bottom" but just a bounce in a slow bleeding downtrend.

And what is the range you think will become Bitcoin's lowest point before we leave it behind for good? If I put aside my bias towards the bottom formation, then the bottom should at least not be under the $3000 level, but likely more between the $4000 and $5000 levels. As soon as the price dips under $5000 I will dump 50% of my free to invest capital in Bitcoin and keep the rest aside for when it goes lower. The good thing of this market is that we can't judge the market based on how it looks today or tomorrow -- things can change for the better in an instant.
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June 16, 2018, 08:05:45 PM
 #22

People say yesterday I regretted not selling , Now they say we have another or third bottom
i hope this wall in 6000 broke for stop Bullshit
Those who said that to you sold for sure, you're a long term holder and there's nothing to be regretted of. It doesn't matter if we will have a third bottom or so, there's no indication yet unless something has been seen to that statement. But nevertheless, bitcoin is still on $6,400 which makes it to be near to the last bottom that we've met which is $6,000.
If OP is right then the current bottom must be the beginning of $20k of 2018. I guess confirmation of pattern of triple bottom is happening in bitcoin market right now.
We have to wait for few more weeks or a month before seeing an indication or signal.

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June 17, 2018, 06:19:44 AM
 #23

That might happen we will see after bitcoin probably hitting $6000~ again but things change each day, early to say it is really triple bottom.

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