Bitcoin will Grow but slowly

Discussion in 'Crypto Assets' started by S.coastapps, Feb 15, 2018.

  1. The Bitcoin Price increase but slowly. I think it touches the $10 ASAP.
     
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  2. Pekelo

    Pekelo

    10K was already predicted a week ago in the price thread, and kind of already touched it 3 hours ago at 9977.
     
  3. maxinger

    maxinger

    yes. it is going up slowly.
    getting ready to short when the price hits the resistance level of 10k.
    Then I will target profit level at 5000.
     
  4. henry76

    henry76

    If it hit's 10k I believe it won't be long before it hit's 10,001.
     
    Indoril, ElCubano and DaveV like this.
  5. newdog

    newdog

    Be careful shorting, Robinhood signed up million users when it announced bitcoin trading. Even if 50% of them buy it on average for $1000, that will get close to few 100 million dollars of buy pressure easily.
     
  6. maxinger

    maxinger

    Don't worry mister.
    I don't care about Robinhood news because I treat those news as junk.

    When it is time to short it, short we will.
    Nothing scary to short it actually.
     
    Last edited: Feb 15, 2018
    Visaria likes this.
  7. carrer

    carrer

    Happy to see bitcoin is coming back to 10K. Was a bit worried when the mainstream media was projecting that bitcoin is going to 'zero'.
     
  8. johnarb

    johnarb

    It hit the resistance level of 10K already and I hope you had put your short position on the CME futures or CBOE futures or whichever platform it is you were planning to short bitcoin in. 5K profit target sounds good, and you'll make lots of $$$

    Good luck :D
     
  9. maxinger

    maxinger


    indeed it went all the way to 10200.
    I trade based on technical.
    As of now, there is absolutely no signal for me to short.

    When there is signal to short, I will target half of my position at reward risk ratio of say 4:1,
    and the other half at 6000 or 5000 level.
     
  10. Fileiro

    Fileiro

    Dude, what is this wishy-washy talk?

    Bitcoin is DEAD, if I were you I'd liquidate everything I own and go all-in shorting that shitcoin! ;)
     
    #10     Feb 17, 2018
    johnarb likes this.