Time to Buy The Bitcoin Dip?

Twitter: https://twitter.com/Crypto_Daily
Instagram: http://instagram.com/crypto_daily

Disclaimer: I am not a financial adviser and this is not financial advice.

#crypto #cryptocurrency #bitcoin

source

47 COMMENTS

  1. would like to have Dailys comment on that chart. My opinion is that total mc chart is similar to btc coz btc dominance is 70% anyways, but it broke last suport and heading down. Next to bigger suports are 178, 155 and 134 billion by marketcap. 155 billion would be 78% fibo retracment atm we sit at 61,8% fibo retrace lvl at 199-200 billion. if it would drop to 155-134 billion then btc would retrace aswell. At 134 billion total mc lvl 70% would be bitcoins mc which would make btc price around 5200-600 range which again is untested lvl. intresting isnt it 😀 the chart is here : https://www.tradingview.com/x/KZcDsa2I/ This would play out ideal shakeout scenario , before the bull run actualy starts building its self up

  2. Very bearish below 8400 BTC and 166 ETH. Don’t be afraid to sit on sidelines and let it play out. It might take months for the price to recover. Not bullish again unless 9600 can be retaken and actually hold.

  3. If one single individual sold that amount and the price went down, then there are 2 posibilities: 1 he will buy again when he thinks is the dip and the price will rise up again or
    2 he wont buy again and that wale will be deceased and the smaller microorganisms will eat those bitcoins and will be re-distributed.
    Whales also die, and their corpses feeds millions of individuals

  4. Son, you married a good one. Usually my wife and I watch you're videos when we're talking crypto or buying coins etc. She just so happened to miss this vid. lol… good shit, fam.

    Be well.

LEAVE A REPLY

Please enter your comment!
Please enter your name here