You can trade gamestop like bitcoin. This is pure speculation much like bitcoin/crypto markets. We know bubbles pop, but how much higher can it go? I think this can go up some more. If gamestop has a massive drop of 80% I would short the recovery. Otherwise pretty bullish.
The retrace has ended, the grind up begins. We are approaching the previous region of resistance that was broken through. There is an incredible amount of support ~29k that should not be tested again. This is probably the lowest we will go. Noticed large amounts of USDT sent to spot exchanges after rejection at ~29k, now whales have cooled off with their profit...
Pump attempt failed. I think minimum we head back to 29k and there is a considerably high chance of breaking 29k for another drop. I'm been shorting but currently I am not short anything. Just waiting.
Bitcoin was rejected by some big sellers first attempt back up from 29k but he probably bought back everything or other stronger players arrived and forced price back up. This looks very strong in the short term and if we do start heading higher, there is so much accumulated fuel this should start going up with no breaks. Get your bids filled and be greedy. I...
Kind of indecisive. Bitcoin does not look bearish to me. I think we will stay here but eventually move back to 35k.
Asian miner dump is starting soon. If we get a retracement, buying in the drawn regiona should be pretty strong. It's a very wide range but I can't predict the future. Below that and it's an ehhhh type moment where a bounce is expected but it could go lower.
Never seen so many massive bid walls filled, 50 million dollar wall also made an appearance. Sells were panic sells. Now that the weak bulls have sold (weak hands), is there still supply left? There will be constant selling pressure from miners but if institutions are still interested then miners will sell the bottom like last time. Source: cryptoquant...
Expecting all time highs. Massive buy walls filled, still more demand, if selling stalls we should go up.
Think of 6k bitcoin support. 30k is like 6k. There should be a bounce off it at the very least. Some support forming + massive buy walls on spot exchanges.
Avoid longing Bitcoin unless you are comfortable being underwater for the next 10 days. Wait for 36k break and hold. I thought eventually the short squeeze could lead to real demand but no. In my memory not even 3k consolidation was this bearish. Once the supply run is over we should head to ATH. Until then avoid longing. Miners have been getting rid of their...
After many attempts, a buy wall finally held. After the scam dump we are now back at original region. That scam dump forced some large players out of their longs. Normally something pretty bullish, especially if we head higher. Candlestick chart looks like bottomed formed,
Another quick bounce. BTW this time I don't think I am too early.
Bitcoin may hold this region. Some buy walls being put into place. I believe price will respect these walls. If you are bullish, this is not a bad entry. If Bitcoin retests 37000 and holds, then this becomes very bullish. Otherwise it could go either way, although I believe we go higher.