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BTC - Bitcoin


Malloy

BTC - Bitcoin  

7 members have voted

  1. 1. What's you sentiment for "short" term price (days or weeks)?

    • Bullish (up)
    • Neutral (wait/hold)
    • Bearish (down)
  2. 2. What's you sentiment for "mid" term price (weeks or months)?

    • Bullish (up)
    • Neutral (wait/hold)
    • Bearish (down)
  3. 3. What's you sentiment for "long" term price (months or years)?

    • Bullish (up)
    • Neutral (wait/hold)
    • Bearish (down)


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  • 3 weeks later...

Today's BTC correction question. Here's my answer from the chat.

Quote

 

Going up too fast always create instability in any markets...those sitting on high profits don't want to loose it all and those standing in the shadows know a correction is coming...so...I don't think there's a predetermined line in the chart...the bounce will be when all markets stabilize...not yet IMO

Technically, highs are lower...low are lowers...very bearish chart

NY time Tuesday morning when all traders and funds manager are back at work on Wall Street...we'll have a very good indicators where this is going...if they think it's a bargain, major bounce...if not...big sellout

 

 

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On 9/5/2017 at 10:50 AM, Malloy said:

Today's BTC correction question. Here's my answer from the chat.

 

Looks like the correction was short lived, sell first and ask questions later... I think we continue up from here on out, but could have some more problems / drama come November 18th when bitcoin goes to hard fork for the 2Mb block size increase. BCH should probably do well in this scenario.

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Updated my sentiment to bearish short term.  I think we see a similar shake of weak hands as we saw leading up to the first fork.  This entire China nonsense is such blatant manipulation.  Charlie Lee is saying he has a source that he trusts telling him that China is about to ban all crypto exchanges in the region.  

 

 

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  • 5 weeks later...
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