Is it a selffullfilling prophecie ? Millions of traders watching the same line ?
Take a look at this chart and think take yourself a favour to think about ! Just bei Dollar Cost Average 50 Dollar / 50 Euro per month www.dcabtc.com
I´ve never seen this chart on youtube. So many Crypto-Channels and......nothing. November 2011 you need almost 24000 BTC to buy 1 kilogram of gold. today it's at 3 BTC. gold lost almost 99.5 percent against BTC. Only 31 days it broke under 2! And no-one is talking about this chart?!?!? it's only a matter of time the gold bugs will see the inevitable. What do you mean?
This is my personal expectation for the bitcoin longterm. I think wir are only at the beginning of something great. At the end maybe the one currency to rule them all, to united mankind ?!? Although in this extremely difficult time period, it is nice to have a store of value that can not be confiscated by any government. Think about the time in the us, where...
Last time BTC Price closed below the trend line was on the 6th December 2011. The 200 day SMA touched it 2 times till then. IMHO I think this time the price may go below, but the 200 day SMA will rebounce. Any suggestions appreciate. best regards.
appreciate every oppion on this one. i think the possibility is high enough.
bitcoin slightly hovering above 200 week moving average and Totalmarketcap already broken this barrier once and close to the second time. i think we are not far away from the next drop.
Looking for Bottom around 1600-1400. hopefully by then most of the shitcoins are already dead. so the communitiy will reunite.
Thinking about the final drop !? Other Opinions?
if you take a look at the chart and think about that the next step forward in this bearmarket, could be like one of the steps in the past, this would lead to an overall marketcap of 58 billion dollars. Coming from 758 billion...... i wonderwhich coins will be left to survive this massacre.
Through me you pass into the city of woe: Through me you pass into eternal pain: Through me among the people lost for aye. Fact is that we are now hitting a line of defense where bitcoin three times in history decides to bounce back up. So what will it be. IMHO i think it will bounce back up. But i will prepare myself for a further drop. How? By throwing the...