madsroland
Short

The fall of Bitcoin is not over yet

BITSTAMP:BTCUSD   Bitcoin / Dollar
I believe that the fall of BITCOIN             is not over yet. We are continuing to see flags and I think that we will get down to 9000$ within the next few weeks. This is supported by and decreasing market cap of BITCOIN             and people moving into altcions instead, with RIPPLE BITSTAMP:XRPUSD             as the most popular.
BTC can get as low as 3100 kust where no one thinks it can go
+1 Antworten
Yeah!
+3 Antworten
Seems like a lot of denial in other analyses, but it looks primed to drop.

Seen the relative global search volume on Google?: https://trends.google.com/trends/explore?date=today%203-m&q=bitcoin,cryptocurrency

Notice how bitcoin is down a 3rd from ATH? Also crypto hasn't really budged relative to bitcoin... Sure some could be noise but it looks like fewer buyers for BTC.
+4 Antworten
@kingo55, Spot on, Interesting to see how BTC develops over the next couple of months.
+4 Antworten
@kingo55, You ate right. People losing interest. I think it should fall to EMA 100 because it went too far up from the 21 EMA and is resisting to sling back down. It can be felt that this market lost a lot of pressure. The main thing is that btc always falls, around jan 15, for 3 years in a row.
+1 Antworten
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