Bitcoin Low

[NYEXPAT]

I am in and out now on a fairly regular basis. Just bought this morning at 7.7k for the possible run to 9.1k.

 

[NYEXPAT]

I am in and out now on a fairly regular basis. Just bought this morning at 7.7k for the possible run to 9.1k.

We reached the 9169 LVL last night!

 

[bobandsherry]

We reached the 9169 LVL last night!

And shortly after it dropped like a rock. Saw it at 8535 today on a sharp drop then rebound a bit now 8663.

 

[NYEXPAT]

And shortly after it dropped like a rock. Saw it at 8535 today on a sharp drop then rebound a bit now 8663.

Needs to hold around here before the run to 9440. I will not buy here and rather wait for the next retrace/setup

 

[SunGuy]

Lots of better crypto currency than Bitcoin.

I have a lot of CasinoCoin.

XRP and VET are good long term holds too.

 

[bobandsherry]

Lots of better crypto currency than Bitcoin.

I have a lot of CasinoCoin.

XRP and VET are good long term holds too.

They all seem to move pretty close to Bitcoin.

 

[bobandsherry]

Needs to hold around here before the run to 9440. I will not buy here and rather wait for the next retrace/setup

It's heading back in that direction, hit $9100

 

[NYEXPAT]

It's heading back in that direction, hit $9100

Yes, acting exactly as it should!

 

[bobandsherry]

Yes, acting exactly as it should!

Not sure this acts any particular way, except randomly.

 

[NYEXPAT]

Not sure this acts any particular way, except randomly.

yes, it would appear that way.

 

[Chuckanut]

Every time I hear about Bitcoin and other crypto currencies I picture Bernie Madoff sitting in his cell and thinking "A volatile currency created by an anonymous person(s) backed by nothing, and with no regulation other than caveat emptor. Why didn't I think of that?"

 

[NYEXPAT]

I am in and out now on a fairly regular basis. Just bought this morning at 7.7k for the possible run to 9.1k.

We reached the 9169 LVL last night!

And shortly after it dropped like a rock. Saw it at 8535 today on a sharp drop then rebound a bit now 8663.

Needs to hold around here before the run to 9440. I will not buy here and rather wait for the next retrace/setup

It's heading back in that direction, hit $9100

Yes, acting exactly as it should!

Not sure this acts any particular way, except randomly.

Just hit the $9435LVL, maybe not as random as you would think?

Would love to see a retracement here, but the "Night Monkeys" could take this up to $9800?

 

[bobandsherry]

Just hit the $9435LVL, maybe not as random as you would think?

Would love to see a retracement here, but the "Night Monkeys" could take this up to $9800?

With it not tied to anything, or at least anything I understand, not sure why it does what it does. It's interesting to follow though.

 

[NYEXPAT]

It is "sentiment driven", like any market and as such is subject to Natures Mathematics. Blockchain, Fintech,Digital currencies, are all around us and as much as Governments and Central Banks despise it, the future is clear. As far as value, what makes a "Gold of Kinabalu" orchid worth $6,000 or other rare flowers like a Shenzhen Nongke Orchid that goes for $ 200,000 and then it is eaten!

 

[bobandsherry]

Just hit the $9435LVL, maybe not as random as you would think?

Would love to see a retracement here, but the "Night Monkeys" could take this up to $9800?

Pushed over $9550 and then fellback. Chance to see $9800 tonight?

 

[NYEXPAT]

Pushed over $9550 and then fellback. Chance to see $9800 tonight?

Don't know about tonight,but the probabilities suggest if we hold here we will see $10,387.

 

[Teacher Terry]

NY, we are holding the small amount we have left until it hits 20k.

 

[bobandsherry]

Don't know about tonight,but the probabilities suggest if we hold here we will see $10,387.

Pretty specfic number. Near 9250 so a lot of ground to cover.

 

[NYEXPAT]

NY, we are holding the small amount we have left until it hits 20k.

If you are going to wait for 20k, might as well wait for 65k!

 

[Teacher Terry]

NY, I think I am too old to wait that long)

 

[NYEXPAT]

Well we managed to reach my initial $9800 target and are getting a nice little pullback. If we can hold the $9500 LVL we should reach my next target $10,300 before the major pullback arrives.

 

[NYEXPAT]

Well we managed to reach my initial $9800 target and are getting a nice little pullback. If we can hold the $9500 LVL we should reach my next target $10,300 before the major pullback arrives.

Hit $10,316 today, do I hear 11k?

 

[bobandsherry]

Hit $10,316 today, do I hear 11k?

You change your projection? I thought 10,300 was point of next pull back?

Well we managed to reach my initial $9800 target and are getting a nice little pullback. If we can hold the $9500 LVL we should reach my next target $10,300 before the major pullback arrives.

Something change?
Good calls BTW.

 

[NYEXPAT]

You change your projection? I thought 10,300 was point of next pull back?

Something change?
Good calls BTW.

Yes, it has changed based on actual price levels that are hit. We got a shallow retrace after we hit 10k the first time and that was my cue for going long again.

The market needs to hold $10,150 in order to hit $10,600 and more than likely $11,000 were I hope for a much bigger retrace. In the near term I am looking to between 16k and hopefully 20k so Teacher Terry can sell! Personally, my core holdings won't be sold until much higher, but my scalping trades will happen at various price levels as I have outlined here. I cant project much about time, but this bull run if it follows projections should have Bitcoin at between 63k and 127k before the next "crypto winter".

 

[Teacher Terry]

Sounds good ex pat)