Will bitcoin rebound from $20K now?

[lostguy]

It's still going up... $21,700 right now, will it explode tomorrow / Monday when people get to work again?!

 

[JohnnyDoe]

It's still going up... $21,700 right now, will it explode tomorrow / Monday when people get to work again?!

Btc is dead

 

[fortunespeculator]

It's still going up... $21,700 right now, will it explode tomorrow / Monday when people get to work again?!

I guess you will find out what the price is tomorrow by looking at it,isnt it??Or are you that lost?

 

[CryptoTrader87]

Waiting for 10k btc to be honest.

 

[void]

Waiting for 10k btc to be honest.

this has usually only two extreme outcomes - you'll either feel like genius or fool

 

[JohnnyDoe]

this has usually only two extreme outcomes - you'll either feel like genius or fool

FUD or FOMO that’s the binary state of every crypto investor until the price is far enough from the initial entry point that you no longer care

 

[fortunespeculator]

FUD or FOMO that’s the binary state of every crypto investor until the price is far enough from the initial entry point that you no longer care

Its fine with me if i miss the bottom or top -the last eighths are the most expensive eighths in the world.If i can catch 75% of a move then it should be enough.

Waiting for 10k btc to be honest.

CryptoTrader87 is that name relating to the crash of 87?

 

[JohnnyDoe]

CryptoTrader87 is that name relating to the crash of 87?

more likely he was just born then

 

[fortunespeculator]

more likely he was just born then

Ya the thought had occurred to me- however i remember market events more than birthdays .A real problem when dealing with women specifically if i dont remember their birthdays.

 

[CoinMaster]

I believe it will go up once the markets are going up again. But with all the trouble in the world it has long prospects

 

[Goranizmir]

I guess we will reach first of all somewhere in 28 k, then after that, we will see a reap deep.

 

[JackAlabama]

I guess we will reach first of all somewhere in 28 k, then after that, we will see a reap deep.

Pro Technical analysis with 500 lines shows clearly it will go up and if it goes not down, it will go sideways before it will move in circles.

 

[Golden Fleece]

Everyone is talking about the obvious bear flag. The stock markets tanking today did not help.

 

[troubled soul]

Nobody can stop bitcoin. dump all other joker coin...buy Bitcoin only.......

 

[Golden Fleece]

Nobody can stop bitcoin. dump all other joker coin...buy Bitcoin only.......

But when? That is what everyone wants to know, oh wise Dalai Lama.

That bear flag looks mighty similar to the previous bear flag, where price went from $30k to below $20k.

 

[JackAlabama]

But when? That is what everyone wants to know, oh wise Dalai Lama.

That bear flag looks mighty similar to the previous bear flag, where price went from $30k to below $20k.

TA is like astrology for men

 

[CoinMaster]

It's first time for month over 23K since yesterday. It looks like it's starting to rise right now.

 

[Golden Fleece]

It's first time for month over 23K since yesterday. It looks like it's starting to rise right now.

It is rising because the stock markets are rising. It will fall when the stock markets fall.

Bitcoin failed as an alternative everyday currency. It failed as a stable store of value. It failed as an inflation hedge. It failed as an alternative investment that is not correlated to other assets.

Now, the world patiently waits for its next failure.

 

[fortunespeculator]

But when? That is what everyone wants to know, oh wise Dalai Lama.

That bear flag looks mighty similar to the previous bear flag, where price went from $30k to below $20k.

I dont know about bear flags as i am not an exceptional chartist.What i do know is equities are hitting their 200DMA and there is atleast one sucker rally in a bear market that hooks the bulls first and then slaughters them.So all those going long i wish you good luck if you make money.Otherwise my downside target of 12 k remains.After 23rd July we will find out.

 

[JackAlabama]

It is rising because the stock markets are rising. It will fall when the stock markets fall.

Bitcoin failed as an alternative everyday currency. It failed as a stable store of value. It failed as an inflation hedge. It failed as an alternative investment that is not correlated to other assets.

Now, the world patiently waits for its next failure.

Not accurate at all. In a liquidity event, its normal all assets except usd goes down initially. Even the great gold does that.
This year is highly deflationary for example. The CPI numbers are backward looking.

I dont know about bear flags as i am not an exceptional chartist.What i do know is equities are hitting their 200DMA and there is atleast one sucker rally in a bear market that hooks the bulls first and then slaughters them.So all those going long i wish you good luck if you make money.Otherwise my downside target of 12 k remains.After 23rd July we will find out.

This TA nonsense is anyway just astrology for men. You have no loss being "not an exceptional chartist".