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In my opinion Bitcoin actually has found the bottom in December last year and this drop just a test of a new support zone after Bitcoin break $4,000
Bitcoin has been dropped again since yesterday and this time with a big red candle too, what whale are thinking, what should we do now? Please share your thought
Quote from: Johdw on February 26, 2019, 02:05:18 PMBitcoin has been dropped again since yesterday and this time with a big red candle too, what whale are thinking, what should we do now? Please share your thoughtRight now, whales are only manipulating the bitcoin price, its hard to sustain the uptrend without a good news about bitcoin. I think bull run will commence when ETF approves or other major news about bitcoin.
That is a common thing, big investors only make everyone panic and they will buy at a high price, after the desired volume is fulfilled, then the price will soon be dropped again
Quote from: Johdw on February 26, 2019, 02:05:18 PMBitcoin has been dropped again since yesterday and this time with a big red candle too, what whale are thinking, what should we do now? Please share your thoughtYes, Bitcoin drops slightly. Two days ago, it touched $4000 but now $3800. It already lost $200 and $3B in two days. If market raises, one or two days later, it downs proportionately.
Quote from: Rabsul on February 27, 2019, 02:12:16 AMQuote from: Johdw on February 26, 2019, 02:05:18 PMBitcoin has been dropped again since yesterday and this time with a big red candle too, what whale are thinking, what should we do now? Please share your thoughtYes, Bitcoin drops slightly. Two days ago, it touched $4000 but now $3800. It already lost $200 and $3B in two days. If market raises, one or two days later, it downs proportionately.I think that this $4,000 still a hard resistance for Bitcoin break, proof is whenever it touches the line, it always got push back really quick. Today another flash drop and we can see how altcoins bleeding now