BTC Dead?

BTC DEAD 2010/2018

LOL just messing with you all. BTC will never die. Is it time to Cost Avg your position??

Are you buying anything yet?

Do you have a portfolio that is able to stand up to the market corrections?

Lets start a discussion and see where the market is going.

I still feel the market has room to exhaust more sell pressure. Hopefully finding support in the 3500 area. If this fails to hold I expect to see a drop to the 3000 zone with support holding below in the high 2000 zone and then again below 1400. This is a huge force of pressure. OR very little resistance.

If someone like CSW or RV are selling off a lot of BTC we would expect to see heavy sells followed by strong buys. Causing a short squeez and higher spikes in prices. This would be followed by very strong sells, due to a whip saw effect from leveraged markets.

Stay frosty my Steem Family. Keep your grip tight and that finger on the sell button.
Remember Your Stop Loss is my Bid!!

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This is not trading advice, Always trade at your own risk. Never trade on emotion, never trade more then you are willing to loose completely. Take responsibility for your own actions. All trades made by your self are at your own will and under no coercion of any other parties. All information provided are for entertainment and should not be considered financial advice.

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