Member Info for misterbeck

Don't worry HarChris I am half expecting the asian markets to reign it back in over night... they usually do but I hope not this time.

First needs to push convincingly above $38k resistance to secure some safety.

Yes the next bull run has officially started. I pity those that hesitated and didn't load up earlier...

I think a village may be missing him

All markets are down today for a due to a ****tail of bad news (Ukraine, inflation, btc retracement and Fed decisions later this week) and expected and imminent bad news. FTSE down 1.74%. Nothing showing in the green on my share watchlist.
Think some of the oilies may be a safe haven for now, some are rewarding PIs with massive dividend pay outs, or cash, or even opening a few shorts, but may be a bit late in the day for that strategy I would imagine.

https://www.fxstreet.com/cryptocurrencies/news/bitcoin-eyes-down-below-30k-level-elliott-wave-analysis-202201241122

18% down on the day, tentative small purchase from me.

Tempted too, but waiting for the reaction to Fed news on Wed/Thurs

@Soro56. Brave move, but a wise move. Not prepared to lose your shirt.

just my guess based on market sentiment and the gathering storm clouds... but no one really knows...

I would say 2 weeks conservatively.

Next support level is roughly $33/$34 and then down to $29 as with the previous crash. Below that $19/$20 comes into view which wouldn't surprise me at all seeing as the whole crypto space is imploding.

Agreed for once drlong

I agree, it doesn't matter what happens now, tomorrow or indeed on monday morning. Zoom out. What does matter is what happens in the preceding weeks... Bargains will sure to be had.

I can see btc heading lower than $20k unfortunately... maybe even as low as $10k...

What is the point in trapping your money here for 4 years waiting for the next bull run, that's a mugs game. There are plenty of opportunities out there. Be careful not to fall in love with one particular stock is the old adage...

"you've got to be in it to win it"
Well most of the that is...

Only the 'weak hands' sold lol. Such is the irony.

with respect you're barking mate.

https://cointelegraph.com/news/here-are-levels-to-watch-as-bitcoin-fights-to-avoid-30k-july-repeat