Bitcoin "Freefall"

Discussion in 'Crypto Assets' started by SunTrader, Dec 15, 2021.

  1. Overnight

    Overnight

    It spoke, and we went +$50,000 a few days ago. BAM.
     
    #151     Dec 28, 2021
  2. SunTrader

    SunTrader

    It yes, buyers and sellers it. Which price reflects all the time.
     
    #152     Dec 29, 2021



  3. If BTC hits $43,208 next support level is $31,000.
     
    #153     Dec 29, 2021
    d08 likes this.
  4. Overnight

    Overnight

    lol. Do they all float?
     
    #154     Dec 29, 2021
  5. SunTrader

    SunTrader

    What? Float?
     
    #155     Dec 30, 2021
  6. Overnight

    Overnight

    It
     
    #156     Dec 30, 2021
  7. All 4 key BTC charts look very bad.
    • 5-day chart
    • 1-month chart
    • 6-month chart
    • 1-year chart
    2022 might be a rough year for BTC. Could go below $28,000 based on the 1-year chart.
     
    #157     Jan 2, 2022
  8. johnarb

    johnarb

    Interesting... Are you putting a trade based on this analysis?

    My on-chain analysis subscription is still very bullish on BTC

    I've re-allocated my crypto portfolio to go out further in the risk curve and thinking of doing more
     
    #158     Jan 2, 2022

  9. IMO ..... A very slight risk ..... but still a possibility.
    • TSLA still has over $1 billion in BTC.
    • If Musk tweets about them cutting back on their holdings that could put more selling pressure on BTC.
    Once again ....A very slight risk ..... but still a possibility.
     
    #159     Jan 3, 2022
  10. No one wants Bitcoin, the original shitcoin.
     
    #160     Jan 5, 2022