jamesashmore1964 (OP)
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Activity: 336
Merit: 3
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June 30, 2018, 01:52:28 AM |
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This pump was to cover a position on a futures contract. It was done out of desperation! Chances are this desperate trader will SELL because the pump was to do as mentioned!
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Lontonbit
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June 30, 2018, 02:13:08 AM |
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This pump was to cover a position on a futures contract. It was done out of desperation! Chances are this desperate trader will SELL because the pump was to do as mentioned!
Shorter got rekt!!!! Lmao ⬆️⬆️⬆️
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It’s gold for nerds
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Worty316
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June 30, 2018, 02:18:58 AM |
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them CME futures are dumb.
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Lontonbit
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June 30, 2018, 02:30:27 AM |
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I knew it was coming, literally screaming it but no body listened
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It’s gold for nerds
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jamesashmore1964 (OP)
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Activity: 336
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June 30, 2018, 04:22:41 AM |
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Maybe the shorts got wrecked and the market goes up and sentiment goes positive! It is so hard to work out this market!
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Lontonbit
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June 30, 2018, 04:28:29 AM |
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We’re heading for a test of 10k, huge buy signal
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It’s gold for nerds
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Mt. Dempo
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June 30, 2018, 05:11:42 AM |
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is this a bull run sign that will happen in the summer, as many would expect? but I still hesitate, because the downward trend is still continuing and maybe this pump is only temporary.
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loicuagio1979
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Merit: 14
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June 30, 2018, 05:47:10 AM |
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We’re heading for a test of 10k, huge buy signal
Well, it's high time to buy and I can see the signal also. I have just found the light at the end of the tunnel I do hope that $7k resistance will be firstly broken
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jamesashmore1964 (OP)
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Activity: 336
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June 30, 2018, 05:56:22 AM |
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We’re heading for a test of 10k, huge buy signal
Well, it's high time to buy and I can see the signal also. I have just found the light at the end of the tunnel I do hope that $7k resistance will be firstly broken Very dangerous but if your happy with it go for it!
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jeffthebaker
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June 30, 2018, 05:58:43 AM |
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jamesashmore1964 (OP)
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June 30, 2018, 06:02:24 AM |
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Does not refer to Bitcoin!
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jeffthebaker
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June 30, 2018, 06:23:58 AM |
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Does not refer to Bitcoin! Price of Bitcoin is the best manifestation of cryptocurrency market as a whole. Positive changes in crypto sentiment as a whole certainly translates to positive movements for price of BTC. I also think it does refer to Bitcoin, as the major point of rejection for ETFs lately has been those with a crypto-centric nature. A number of BTC ETFs have been denied in the past several years.
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jamesashmore1964 (OP)
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Activity: 336
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June 30, 2018, 06:47:07 AM |
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Does not refer to Bitcoin! Price of Bitcoin is the best manifestation of cryptocurrency market as a whole. Positive changes in crypto sentiment as a whole certainly translates to positive movements for price of BTC. I also think it does refer to Bitcoin, as the major point of rejection for ETFs lately has been those with a crypto-centric nature. A number of BTC ETFs have been denied in the past several years. The guy who put the link on this thread is a FUD merchant!
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renault18turbo
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June 30, 2018, 07:49:39 AM |
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Haven't you noticed that the cryptocurrency market is not responding to any kind of news? It became very unpredictable.
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jamesashmore1964 (OP)
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June 30, 2018, 08:00:18 AM |
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Haven't you noticed that the cryptocurrency market is not responding to any kind of news? It became very unpredictable.
Yes, I have. The market is screwed. It is very very dangerous at the moment. When it moves it moves fast and if you don’t have a stop loss you could lose a lot of money. A Chinese whale or whatever could plunge the market or visa versa! Retail demand is stagnant and Institutional money is on hold until there is a regulatory path. Tether and Bitnifex also pose a big threat to institutional money and retail: until they are investigated a question mark is hanging over this space!
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caisa88
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June 30, 2018, 02:29:38 PM |
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We’re heading for a test of 10k, huge buy signal
Well, it's high time to buy and I can see the signal also. I have just found the light at the end of the tunnel I do hope that $7k resistance will be firstly broken $7k resistance should be easy to break. Indeed, from this graph it looks that the price should just increase from now on and we should get back to over $9k per 1 Bitcoin.
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golovayv
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June 30, 2018, 02:42:44 PM |
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I think that even for a short time the price will fall below 6K, pick up the stop-loss, and after that, there will be growth and breakdown of 7K. But it is not exactly
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disconnectme
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June 30, 2018, 04:09:25 PM |
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This pump was to cover a position on a futures contract. It was done out of desperation! Chances are this desperate trader will SELL because the pump was to do as mentioned!
This futures contract has brought price manipulation to BTC prices, then we use to talk about China but what is happening now is something disturbing, this is the second time something like this would happen
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