Here are my dump levels again. So many people talking about BTC getting to the 24/27K level I had mentioned that it may become a self fulfilling prophecy and here we are retesting the low. I have had limit orders in for a while now and I'm guessing that I am not the only trader expecting this flush move. Check out my previous posts to see how it has played out.
Komentarz
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Bounced sharply off the 29k low... Despite the downward momentum the level held. This could be a bullish sign. Watching the 35/36k zone. If its going to roll over again its likely to happen there. Above 36k things get interesting to the long side. Personally hoping for a deeper flush then recovery for sustained bullish move.
@dl3286, I am a buyer if the price gets into the green box. Will save some $ to buy on a major dip to 18k. BTC can move 20 % in a day so be careful if you follow me.
dl3286
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@WadeYendall, Of course. I am a long term believer in bitcoin and want to average down my cost at these levels. Thanks for your ideas!
I thought when bitcorn Dumped Alts were supposed to rally. when alts rally during a BTC dump it allow's for more BTC accumulation. especially when the ALTBTC price goes up
WadeYendall
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@dmart120120, I'm not very well versed in Alt coins. Sounds like an interesting dynamic though.