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Bitcoin dead cat bounce running out of steam - another CARSH in process?

 
Ricky Tambora
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User ID: 79967204
Malta
05/23/2021 06:02 AM
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Bitcoin dead cat bounce running out of steam - another CARSH in process?
This dead cat bounce is going nowhere. Below 34K again. Either we have another carsh to 17K now, or this is some kind of consolidation like a flag or triangle and we get a carsh to 17k in a week or so.
"Another idiot that thinks they can predict the price of Bitcoin. What a fucking moran!"
Anonymous Coward
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Australia
05/23/2021 06:03 AM
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Re: Bitcoin dead cat bounce running out of steam - another CARSH in process?
it could be a schotastic HODL candle
Anonymous Coward
User ID: 11922630
Ireland
05/23/2021 06:17 AM
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Re: Bitcoin dead cat bounce running out of steam - another CARSH in process?
personally i was a holder for 4 years and sold what i had last week, i just dont see the future in it anymore.
Anonymous Coward
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Australia
05/23/2021 06:18 AM
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Re: Bitcoin dead cat bounce running out of steam - another CARSH in process?
personally i was a holder hodler for 4 years and sold what i had last week, i just dont see the future in it anymore.
 Quoting: Anonymous Coward 11922630
Anonymous Coward
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United States
05/23/2021 06:44 AM
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Re: Bitcoin dead cat bounce running out of steam - another CARSH in process?
personally i was a holder for 4 years and sold what i had last week, i just dont see the future in it anymore.
 Quoting: Anonymous Coward 11922630


I made a little money in the late 2017 boom, but its just to god damn stressful. Its so volatile. Its a whales game. The little guy just gets hurt every single time.

Glad I never dabbled in it again, some people must have lost a fortune with this crash.
Anonymous Coward
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Japan
05/23/2021 06:46 AM
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Re: Bitcoin dead cat bounce running out of steam - another CARSH in process?
If you look at the 200-day moving average and the inverted candle penant forming as it breaks below the 10-day moving averagr, then you'd want to take note*.







*could be going sub 1k as it gravitates back to fair value
Anonymous Coward
User ID: 78093232
United States
05/23/2021 07:00 AM
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Re: Bitcoin dead cat bounce running out of steam - another CARSH in process?
.

Cryptos are volatile... that is certain...


As certain as this..

[link to qph.fs.quoracdn.net (secure)]


.
Anonymous Coward
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United States
05/24/2021 03:04 PM
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Re: Bitcoin dead cat bounce running out of steam - another CARSH in process?
bump





GLP