A bit of logic. Many people say that bitcoin will go to 8-7,5-5. . Firstly, if you are not a whale. You can not move the price of a few thousand dollars. But if you are a whale, you sell bitcoins at a price of 11k in order to re-buy at a cheaper price, if you look at the purchase orders - they are huge. The meaning of whales to sell bitcoin - no. Whales are not speculators who want to earn 30% Sell for 11k and buy for 8 in this there is a risk. The second assumption of the Whale is played in a long and collusion in Wall Street. Which have not yet entered the market with their capital. And they do not like the price of entering the market. But if you look at the volumes then the big purchases are 9200-11000. Now they make a lot of bad news, so that not shock-resistant people will sell their bitcoins, whales will buy with pleasure. And always keep dollars in your portfolio. So hold on, the boat will swing often, and not the strongest survive but the one who adapts faster to the situation. It's my opinion
Don't you think guys that tradingview site is main citadel of evil, I mean the market could be manipulated by this site. And all of this "pro" accounts is whales that control the market and doing instead of people opinions. Easy to post that BTC going down to 8k, paint some charts in promoted accounts, put hudreds/thousands likes and newbies will follow their idea , but whale will do everything instead of predictions, he could bring BTC to moon fast when u go out in usd, Im not telling that it's 100% truth, just my opinion, just thoughs. Sorry if my Runglish punished your eyes, but I hope you got my idea. Cheers
@tutanhamon888, Master Excavo did nail it with this chart
tutanhamon888
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Also , I'm not sure in that idea , I'm reading TW too, everything possible, but I just want to tell u do your own research too, that's very important follow your idea's based on many things, not only TW reviews, and remember guys - if someone getting profits -someone taking loses , but if all market waiting for crush and selling their bags the rest 5% of people getting profits on that, just use your brain, do not trade only by idea's of popular accounts here, if you only follow their ideas - that mean you giving all your money to control by other people.
r4bbit
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@tutanhamon888, Right so what do you want? Just calm down and wait bitcoin going down like a dead bird? We don't have supply for demand dude just accept the crash, no volume right there, all people just sent their money to belize when China fucked all up, now we will se again other dead line in 26 when Chicago close the doors to bitcoin, just facts.
r4bbit
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@tutanhamon888, If China wasn't screw up, bitcoin would rise at least the 17k, was detected a bearish flag in H4 today, we just will see bitcoin fall, sit down take your popcorn and watch it explode, this is my advise, when it test the support and it grow roots far away from downtrend line will be time for buy it, I guess Excavo is right, between Excavo and you, I prefer Excavo no offense, he just have more experience, and this is a fact. We all take wrong ways tutanhamon, but choose a wise way to lead yourself, measure it, if you have the same experience than him, I guess you should not take any advice from no one.
punitsinghi
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@tutanhamon888, I guess the biggest whale is you , lol , Exacvo has been doing chart from a long time and understand much better and provide much accurate analysis.
tutanhamon888
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@punitsinghi, I'm not providing any analyses , I dont have any prediction in price and where will it goes.
I didn't told that EXCAVO is bad guy, I also reading him, Alanmaster, Romanov_trade. But I just posted my opinion and it have rights to be. I dont want to argue here, time will show us everything, I just wish profit's to everyone and nothing more. Peace
punitsinghi
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@tutanhamon888, Ok Thanks Hope things goes fine for all.
tutanhamon888
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@punitsinghi, Just take a look on all analyses today in TW for BTC/USD pair, thats looking crazy - everyone is waiting for 8k , most of people sold their coins , okay moon rocket launching. Just think like 5%, not like 95%
Another side - I think it could be too expensive for whale to pump the market before 26th of january , they keep it flatting till the date , then lil dump and big grow, what u think of it ?