Investing in precious metals 101

Bitcoin back below $6000

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  • Wed, Nov 14, 2018 - 10:22am

    #1

    New_Life

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    Joined: Apr 18 2011

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    Bitcoin back below $6000

New_Life wrote:

BTC may leg down to 5.8k area again but this really does feel like more accumulation and/or defence by exchanges.  Do they still want to stop it going lower?

Part of me still thinks a mini rally could occur in October…  Lots of alt coins seem to have bullish divergences on the 2x daily.

I guess the Oct mini rally I suggested we could have is over.

BTC in 2017-2018 sure resembles the Silver bubble of 2011-2013…

Still think $5k is possible before EOY. Nice to have some volatility back to play with. 

 

 
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