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Author Topic: Bitcoin and Altcoins at continued risk of weakness  (Read 1841 times)

dancoiner

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Bitcoin and Altcoins at continued risk of weakness
« on: January 14, 2019, 03:39:20 PM »
This past week, there was a sharp bearish turn in bitcoin below the USD 3,800 and USD 3,700 support levels.
BTC/USD even broke the USD 3,620 support and spiked below USD 3,500.
Many altcoins such as ethereum, ripple, litecoin and EOS followed a similar path and declined heavily.
ETH/USD traded below the USD 135 support to settle in a bearish zone.
XRP/USD broke the key USD 0.340 and USD 0.325 supports to start a major downward moves.
At the outset, the market is consolidating losses and remains at a risk of more losses in the coming sessions.
Source: https://cryptonews.com/news/bitcoin-and-altcoins-at-continued-risk-of-weakness-3199.htm

What do you think about this?

stayingalive

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #1 on: January 16, 2019, 08:47:22 AM »
This past week, there was a sharp bearish turn in bitcoin below the USD 3,800 and USD 3,700 support levels.
BTC/USD even broke the USD 3,620 support and spiked below USD 3,500.
Many altcoins such as ethereum, ripple, litecoin and EOS followed a similar path and declined heavily.
ETH/USD traded below the USD 135 support to settle in a bearish zone.
XRP/USD broke the key USD 0.340 and USD 0.325 supports to start a major downward moves.
At the outset, the market is consolidating losses and remains at a risk of more losses in the coming sessions.
Source: https://cryptonews.com/news/bitcoin-and-altcoins-at-continued-risk-of-weakness-3199.htm

What do you think about this?
I hope all these coins will go even lower so i can buy more
if you believe so sell your coins too

HokageSenpai

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #2 on: January 16, 2019, 01:27:00 PM »
I really disappointed with fact that all coins are connected to each other. Of it's great situation for those who are waiting for jackpot, cuz they may buy coins now (low price) and wait for green market. But I still don't see some outstanding coin, so they are all look the same.

Rhett

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #3 on: January 16, 2019, 01:52:08 PM »
I think that Bitcoin and altcoins will have a deeper drop again to complete the inverse H&S pattern which they are forming in the past month. So now trade with your caution

dancoiner

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #4 on: January 17, 2019, 04:36:22 PM »
This past week, there was a sharp bearish turn in bitcoin below the USD 3,800 and USD 3,700 support levels.
BTC/USD even broke the USD 3,620 support and spiked below USD 3,500.
Many altcoins such as ethereum, ripple, litecoin and EOS followed a similar path and declined heavily.
ETH/USD traded below the USD 135 support to settle in a bearish zone.
XRP/USD broke the key USD 0.340 and USD 0.325 supports to start a major downward moves.
At the outset, the market is consolidating losses and remains at a risk of more losses in the coming sessions.
Source: https://cryptonews.com/news/bitcoin-and-altcoins-at-continued-risk-of-weakness-3199.htm

What do you think about this?
I hope all these coins will go even lower so i can buy more
if you believe so sell your coins too

I don't know what might be happened if I sell coins.
I just don't want to lose.

HokageSenpai

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #5 on: January 18, 2019, 01:21:34 PM »
This past week, there was a sharp bearish turn in bitcoin below the USD 3,800 and USD 3,700 support levels.
BTC/USD even broke the USD 3,620 support and spiked below USD 3,500.
Many altcoins such as ethereum, ripple, litecoin and EOS followed a similar path and declined heavily.
ETH/USD traded below the USD 135 support to settle in a bearish zone.
XRP/USD broke the key USD 0.340 and USD 0.325 supports to start a major downward moves.
At the outset, the market is consolidating losses and remains at a risk of more losses in the coming sessions.
Source: https://cryptonews.com/news/bitcoin-and-altcoins-at-continued-risk-of-weakness-3199.htm

What do you think about this?
I hope all these coins will go even lower so i can buy more
if you believe so sell your coins too

I don't know what might be happened if I sell coins.
I just don't want to lose.

Judging by the prognosis coin rate is reduced, so you need to decide. Or have you taken any action yet?

Joankii

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #6 on: January 18, 2019, 02:33:53 PM »
It seems that stability in the bear market has not been seen and is still one of the risk factors for investment

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dancoiner

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #7 on: January 21, 2019, 02:59:48 PM »
I really disappointed with fact that all coins are connected to each other. Of it's great situation for those who are waiting for jackpot, cuz they may buy coins now (low price) and wait for green market. But I still don't see some outstanding coin, so they are all look the same.

I agree with you.
Let's see.
Foremost BTC is still looks really promising.

Richk

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #8 on: January 21, 2019, 04:24:04 PM »
I think the  $3,500 support is strong and it still holding the line really good. But be aware that if Bitcoin drop below this line,  it can test a lower low  at $3,000 too

Synvc

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #9 on: January 21, 2019, 04:34:09 PM »
All price movements are still not stable and will continue to experience continuous decline

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▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
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        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
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▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
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rituvohra01

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #10 on: January 25, 2019, 05:49:24 AM »
Market conditions are not stable . There are continuously ups and down.Bitcoin and Altcoins affect the price of each other in this bearish market.

Rabsul

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Re: Bitcoin and Altcoins at continued risk of weakness
« Reply #11 on: January 25, 2019, 06:21:07 AM »
Bearish trend is still continuing till today. ETH has downed more that BTC and XRP. I am not disappointed at all rather i sell my ETH and then buy at lower rate today. So from trade, i am in profits holding and selling ETH.

Moonlight

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  • Re: Bitcoin and Altcoins at continued risk of weakness
    « Reply #12 on: January 25, 2019, 08:08:03 AM »
    This past week, there was a sharp bearish turn in bitcoin below the USD 3,800 and USD 3,700 support levels.
    BTC/USD even broke the USD 3,620 support and spiked below USD 3,500.
    Many altcoins such as ethereum, ripple, litecoin and EOS followed a similar path and declined heavily.
    ETH/USD traded below the USD 135 support to settle in a bearish zone.
    XRP/USD broke the key USD 0.340 and USD 0.325 supports to start a major downward moves.
    At the outset, the market is consolidating losses and remains at a risk of more losses in the coming sessions.
    Source: https://cryptonews.com/news/bitcoin-and-altcoins-at-continued-risk-of-weakness-3199.htm

    What do you think about this?

    very sad, but what power we have, can only see the continuation of these coins will go up or keep going down
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    Barb

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    Re: Bitcoin and Altcoins at continued risk of weakness
    « Reply #13 on: January 25, 2019, 10:14:31 AM »
    The market now has the low volume so all of crypto are standing in a dangerous zone where all of the mcan re-test the dip from 2018-Dec.  I don't want that happen but have to admit that this can happen soon

    Richard

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    Re: Bitcoin and Altcoins at continued risk of weakness
    « Reply #14 on: January 25, 2019, 10:25:31 AM »
    Bitcoin and altcoins are showing many bad indicator that they can drop more. It's semm like the bear market still conquer and we will test the previous bottom in this year too

     

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