Bitcoins/Litecoins/Virtual Currencies

Arden

Vyemm Raider

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• Today at 3:03 PM

• #13,281

Sanrith Descartes said:

If BTC was a stock, I would say if this marginal support level around 94/95k fails its an express elevator to around the April lows of 80k.

Click to expand...

Ive got dry powder i was saving for things other than btc, but if we went down to 80k I think I'd have to use it.

 

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Sanrith Descartes

I was forced to self-deport from the /pol thread

<Gold Donor>

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• Today at 3:08 PM

• #13,282

Arden said:

Ive got dry powder i was saving for things other than btc, but if we went down to 80k I think I'd have to use it.

Click to expand...

The chart is a mess if support breaks here. One thing though it cant account for is forced liquidation. If enough people on margin were buying after that May low, liquidation could drive the price down well below that 80k mark, at least for a short period.

 

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Sanrith Descartes

I was forced to self-deport from the /pol thread

<Gold Donor>

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• Today at 3:25 PM

• #13,283

 

Sanrith Descartes

I was forced to self-deport from the /pol thread

<Gold Donor>

49,206

133,955

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• Today at 5:48 PM

• #13,284

Buyers got steamrolled. Down to 93k. That chart is looking no bueno.

 

Onoes

Blackwing Lair Raider

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• Today at 6:33 PM

• #13,285

If it could drop another 5, 10, or even 20 thousand in the next 3 days I would really appreciate it. I have some money becoming fluid on Wed and would love to buy while its under 100k.

 

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