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Jaxson Allen
Hudson Long
Okay now what?
Hunter Carter
Nathan Foster
kek
Levi Wilson
no comment
Nicholas White
you think it's going on a bull run?
Levi Sanders
without a doubt
only idiots believe 'its all over'
Jayden Taylor
How can you call that a double bottom when it didn't reach the bottom twice....? It hit 6k and 7.3k. Never tested 6k
Hudson Anderson
Delete this
Noah Flores
Just my thoughts...
Unless we literally implode for years to come (a possibility), every long term trend tells me we are going to be bouncing hard soon. I cannot predict the future but I don't see why we would fare worse than Mt. Gox.
I honestly don't see how btc could possibly end up going to lower support levels as Mt. Gox was a completely different time for Bitcoin. A catastrophic black swan event where nobody could sell and there was no liquidity in the market.
Every time anyone has bought at the bottom of this channel, they've made significant returns... I currently don't see any fundamental or technical difference to change this trend.
I would definitely close any shorts and wait for a reversal confirmation if you want to be safe before opening a long. We still need a high volume bounce.