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Hi @demoniaco Do you think it'd be a good idea to tether my btc...

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21 Posts.

19/01/18

16:36

Post #: 30423322
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Originally posted by demoniaco ↑

$8k is the bottom IMO if it continues to sell down.

BTC looking shaky today. Should see a recovery in the next couple of days. It's typical of BTC to sell off in January and bounce off the 100 SMA, having said that historically it would only be a 1 day dip below the 100 SMA and close above it, just like BTC did some other day.

My only concern is we didn't hit the 61.8% fib level. We dipped half way between 61.8% and 50% which is just unusual looking

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Hi @demoniaco
Do you think it'd be a good idea to tether my btc right now and hopefully get back in on the dip?
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