This could be the beginning of a really deep bear. Check the MACD 30min, 1hr and 1d. Careful - theres been too much hype and correction probably coming down (Fib ret) to 2540 then 2490 then 2400 then 2280 if its really deep. .
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BTCUSD testing the 2650 support level, gosh they're fighting up and down, but I'm still certain its generally a correction thats coming.
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What a riiiiiide!!! Hope you followed my short from 2700 ... now at 2200 testing the last big V and if it crushes through then we are looking at 1860. BRACE FOR IMPACT :D
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bernino
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double bounce 2200 now ... is that it? lets see
ImSashaFeldmann
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Thanks. If BTC falls as you say, all alts would fall as well or not necessarily in your opinion?
bernino
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@ImSashaFeldmann, yes, its traded so its supposed to swing around :D .. also its completely overbought, so its a bit too hot and needs to cool down when looking at MACD and other indicators. That said, once its calmer and cooled down its of course a great investment because more and more countries are regulating it as a new currency plus the fundamentals on a cap of coins versus increasing demand