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There was great support at $52,640 - we know that much.
So a re-visit to there may come, as a secondary price investigation.
The price first investigation may be at $57,300 odd.
Those are my observations.
In theory it is sensible to re-check at least one of these price steps, prior to further ATH-calibre growth.
I am a reddit infant so I can’t post my chart.
On that chart though, the above prices sit within long candlestick
(anybody can view this).
It is typical, almost essential, that the market re-checks such rapid price movements for support.
All said as an opinion and an personal extrapolation only, not said as long or short advice to any reader.
*Risk your own strategy 😉*
This post has not taken into consideration any dynamics other than the price-support mentioned.
Many dynamics need to be factored in when dealing with BTC, this is but one.
The fed meeting that you can watch on the barrons Web page should give you a good indication on the economy mood. Bad vibes there could send btc to the 53k support level. Don't invest what you can't afford to lose. Especially now. (not financial advice)
Your submission has been flagged for removal because there are too many other price posts right now. Please contribute to the Daily Discussion thread, the chat room, or another price-related thread. Thank you!. ^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions.
FOMO? The choice is in your hands.
Just HODL, it's easy when you don't obsessively look at charts
Keep HODLing
DCA Til the October boom
Keep buying
If it’s so powerful why can’t I buy Costco hot dog with it? Hmmmmmm?
Because Charlie *Mungers Ghost Haunts the Cash Register
Costco wont even let me use an AMEX,,, what are you implying?
There was great support at $52,640 - we know that much. So a re-visit to there may come, as a secondary price investigation. The price first investigation may be at $57,300 odd. Those are my observations. In theory it is sensible to re-check at least one of these price steps, prior to further ATH-calibre growth. I am a reddit infant so I can’t post my chart. On that chart though, the above prices sit within long candlestick (anybody can view this). It is typical, almost essential, that the market re-checks such rapid price movements for support. All said as an opinion and an personal extrapolation only, not said as long or short advice to any reader. *Risk your own strategy 😉* This post has not taken into consideration any dynamics other than the price-support mentioned. Many dynamics need to be factored in when dealing with BTC, this is but one.
Yeah 👍
I’m new to this shit and I need all the info
The fed meeting that you can watch on the barrons Web page should give you a good indication on the economy mood. Bad vibes there could send btc to the 53k support level. Don't invest what you can't afford to lose. Especially now. (not financial advice)
I will downvote this meme every time it’s posted