A drop to 6-4k would initiate the reversal that is needed. Until then it’s just wallstreet doing their thing. Futures on btc were the thing that btc maximorons have completely underestimated.
As a result of that the whole crypto space is going to hell. Anyone who still believes there will be anything near 2017 gains before mid year 2018 is an idiot.
Bought the dip
Jace Nguyen
Justin Kelly
No they didn't because they falled for that hodl meme.
Owen Perry
you're a moron
the volume on $GXBT dated April is 7.6K
there's a bit on $BRR as well, 2.3K dated March (x5 because each contract represents 5 BTC)
This is a total of maybe 20K BTC futures contracts changing hand
the volume on Bitcoin exchanges is 700K
Which one do you think dictates what the price of a Bitcoin is?
Justin Brooks
>medium.com
Lmao if you think BTC exchange volume is real
Landon Anderson
There is no liquidity on Bitcoin futures, you'll put an order up and there will be no takers on the buy OR the sell side for like ten minutes at a time
people just move their bids and asks around following what Bitfinex or GDAX does (they don't actually look at Gemini from what I can tell)
Christopher Martinez
Got about 10 k in litecoin right now....Am hoping for 270+ by end of march lol
Owen Ross
What on Earth are you talking about? BitMEX's XBTUSD volume in the last 24 hours is currently 366770 bitcoins. That is over a BILLION dollars worth of contracts. In the last day.
Robert Hughes
dump eet
Henry Edwards
not BitMEX futures, I'm talking about CBOE and CME futures
I can't even trade on BitMEX
Jordan Scott
You do realize TA is a scam, right?