investingtips

Hello @dopetrades I apologize for using this information without your permission, I should have asked you first. Unfortunately I cannot remove this post anymore because you can only delete a post on steemit

Thank you :)

They sell all their bitcoin back to ur average weak-handed individual and price dumps because they regret buying after price has already went up a lot lol

Yes I believe that is pretty much it; strong hands accumulate most of the floating supply, then now a small amount of demand puts price up a lot because of lower amount of bitcoin available after accumulation,

Yes I should have stated in the post that this is not a long-term Bearish signal, just for the near future. Weekly Closing below the 5,400 level would be a long-term Bearish signal so we are still a

While Most are Bullish on Bitcoin... Could Price Instead Be About to CRASH?!

Another bull run, anyone?

I wouldn't be massively surprised if we hit that price tbh we were at $20,000 less than half a year ago!

Indeed, I couldn't imagine waiting 10 full working days to transfer money!

Yup there is something oddly satisfying about watching a green candle grow bigger and bigger on a chart really quickly... lol

Yes it has been going sideways today, and I think we go down before we go up more as I explain here:

Yes I agree, and nice analogy :P

I agree we are looking a lot more bullish now as I have discussed in my analysis here:

You drew like 15 lines and price hit one of them, lol. Anyways, let's not argue man I'll just put you on mute and we can go our seperate ways and be productive instead ;)

It is always best to use a number of indicators/TA techniques, I agree :)

Thank you!

Not yet :P

How To Know if a Trend will Continue or Reverse!

How To Know if a Trend will Continue or Reverse!