It is weak as it hasn’t had any positive direction for some time. Whatever you feel is your timescale for that time stated is your call , But my call is it is at this time weak.
O come on Bank Boy, Bitcoin trades 24 hours a day every day of the year regardless if there are public holidays or not. Bitcoin price is weak and will continue to be so unless there is positive news that justifies a price rise. Going into January 2022 my finger will hover over the Argo sell button as I no longer see any upside outweighing the downside. I’m now officially a bear , so there.
Monkfish, I’m underwater as well .I invested in this company as I can see huge potential in future growth. As long as Bitcoin doesn’t take a huge dump I’m sure my initial investment is safe and eventually will return a profit. Here’s raising a glass for us both for 2022 and beyond.....
Monkfish PW And crew are trying to grow a business, this takes time and lots of effort and isn’t something you can achieve in a few months to give shareholders a quick return. Many on here are chasing rainbows looking for that 10 bagger in a matter of months. When it doesn’t happen in the timescale they were expecting they turn their dissatisfaction on those running the business I.e Peter Wall. That to me just shows that they are very immature investors or just gamblers.
If I had any dry powder I wouldn’t put another bean into this share until plans on funding are released or other positive news is released. No topping up from me so there.
RE: Quantitative Easing is our friend11 Dec 2021 23:16
There seems to be battle going on this evening between the bears and bulls regarding the price of bitcoin. Shorts have increased throughout this evening but the price of bitcoin is rising slowly. Hopefully results of this battle today will be positive when we look tomorrow. I’m not holding by breath right now but would luv to know who or whom is trying to hold bitcoin back and why....