Bitcoin

Out of context: Reply #1282

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  • sarahfailin0

    Heads up QBNers. I've been watching closely and the coin markets are close to bottoming out again and it could be a good entry point for an investment.

    I'd buy ETH at 600 or BTC at 7250.

    BCH looks poised to really fall some more, which could drag the rest of the market down with it. It will either bounce at $1000 and go back up, or if it goes below $1000 could fall all the way to $700 or so. Which would be an awesome place to buy in considering it was at $1800 (momentarily) 2 weeks ago.

    This is not financial advice ;)

    • $600 for ETH would be the *lowest* likely price. a little above that would be still very good. Same for my BTC price estimate.sarahfailin
    • I've been watching Nano off and on for a while, and have been tempted to drop a bit of cash on ithardhat
    • I made my cash from Bitcoin...i'm out.utopian
    • both ETH and BTC down a bit during ConsensusMilan
    • Can you tell us why you think it’s bottoming out and WHY it would go back up? Not saying it won’t, just want to know why.monospaced
    • 7200 would it way below the 50 or 100 day MA, that'd be a big deal in terms of selling off. Why do you think that's going to happen?zarkonite
    • The day and weekly MACD still look bearish. The momentum isn't there to make a big change in price. RSI is staying below 60, which is another bear sign.sarahfailin
    • BCH and XRP look much weaker than ETH, which seems to want to rally now. Other coins just aren't ready. BCH is gonna pull them all down a bitsarahfailin
    • There are quite a few analysts on Tradingview who are talking about Bitcoin at $7000.sarahfailin
    • nobody can predict where this rollercoaster is going short-term.Milan
    • So you're giving out advice/ ideas to people but did you actually buy yourself? If you're so sure put your $$ where your mouth is :)M01XXX
    • Okay. So you’re saying it’s going to go back up because people will see a prediction and start buying it. Or else they won’t. Gotcha. ;)monospaced
    • You’ve basically given “because analysts said so” as a reason why. :/monospaced
    • Problem there is that I can find any analyst making any prediction on any given day. They can’t tell the future, but some get lucky. Anyway, have fun.monospaced
    • I'm pulled out while it's dropping but I do intend to buy as I've explained. And pro traders use indicators like what I've mentioned. They don't just guess >.>sarahfailin
    • lol @ pro traders ... that’s funnymonospaced
    • Today ALONE I found “pro” predictions that claim to be purely analytical, all saying different shit. Predictions from $3k to $50k. Take your pick!monospaced
    • lol, rather than just trolling me mono, wait and see if my prediction is right. It's verifiable.sarahfailin
    • The future prediction is currently verifiable? I already said in my first comment that I’m not saying it WONT happen, I’m just looking for a good reasonmonospaced

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