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Bitcoin & CryptoCoins for Kenya
Rank: Elder Joined: 7/11/2012 Posts: 5,222
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S.Mutaga III wrote:mnandii wrote: BITCOIN The very clear three step move down from the high of 19200s (i.e Waves WXY making (4)) implies that bitcoin will rise again to levels above 19200s. A move to above 9800 will be good confirmation that another major bull market in bitcoin has started. Beware that the RED line at 5700 should not be crossed downwards. We just broke the 6800 resistance about an hour or two ago. Luckily I went long a few days ago with leverage. I can also confirm that we are in a bull market. Currently waiting for a pullback to start buying alts. I wouldn't advice anyone to touch Alts (unless exchange alts like BNB) when BTC is in motion either way. Alts mostly become profitable in a stable BTC market, from what I've seen. And even then, they follow a pattern with major alts rising first in a certain order, then new offerings.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:BITCOIN The very clear three step move down from the high of 19200s (i.e Waves WXY making (4)) implies that bitcoin will rise again to levels above 19200s. A move to above 9800 will be good confirmation that another major bull market in bitcoin has started. Beware that the RED line at 5700 should not be crossed downwards. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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 Bitcoin has another leg up to from the current levels of $7850s to about or above $8720s Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Rank: New-farer Joined: 4/12/2019 Posts: 18
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I cannot say with high certainty if bitcoin have future or not. I think that here we are speaking about fully free market, which depends on forces of supply and demand. If there is a demand for BTC, currency will stay on the market, if not...
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Rank: New-farer Joined: 12/27/2018 Posts: 7 Location: Germany
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I think that they still should be backed by some trades and goods not some blockchain technology or something, as for me it's a big scum with it's up and downs though. I may wish to have some BTC of course, but wouldn't worry much if not for example.
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