Jump to content
The mkiv Supra Owners Club

Cryto Currency


Jellybean

Recommended Posts

Yeah, I got very lucky with my timing when I sold back into GBP. Cashed out 10k in January and rebought during the slump. If it goes back to December levels, I will have more money than I know what to do with... so expect an 8 speed supercharged 3.5L 2GR-FSE Supra to show up on SRD's website :D

Link to comment
Share on other sites

Yeah, I got very lucky with my timing when I sold back into GBP. Cashed out 10k in January and rebought during the slump. If it goes back to December levels, I will have more money than I know what to do with... so expect an 8 speed supercharged 3.5L 2GR-FSE Supra to show up on SRD's website :D

 

It'll pass December levels one day so I'll keep my eyes peeled!

Link to comment
Share on other sites

  • 1 month later...
April was good but May is down 30%, looking to buy back in hopefully at the bottom again, will XRP

go below $0.50

 

Will Bitcoin go below $7000 ?

 

Probably, can see this continuing for a while tbh.

 

But things seem to randomly swing on zero influence so it's up to the whales really

Link to comment
Share on other sites

April was good but May is down 30%, looking to buy back in hopefully at the bottom again, will XRP

go below $0.50

 

Will Bitcoin go below $7000 ?

 

Probably, can see this continuing for a while tbh.

 

But things seem to randomly swing on zero influence so it's up to the whales really

Link to comment
Share on other sites

Bitcoin bounced down to about $6400 last time I think it was and I reckon it'll work it's way back down to there again to flush out the last of the weak hands.

 

Who knows where it'll go after that but I'd like to see it slowly work back to the ATH before a proper run starts

Link to comment
Share on other sites

I'm not convinced we are quite there yet, bitcoin is still playing out a a bit of a pennant pattern.

I expect it to test the bottom trendline, about $7k'ish, and then up to $9k, then back down again. I'll attach my rough ass chart and you can see what is playing out. If it breaks below the pennant, we bad, breaks above, we great - albeit could be temporary. If btc does start the road towards the top of the pennant, play the bounce on alt coins, but be prepared to sell up everything around $9k until confirmation either way.

I drew all the circles five weeks ago btw, its relatively easy to predict tops and temp bounces (except ones on bottom of trendlines) The targets are where i'd expect a change in bias - bullish/bearish.

This chart is only valid if it does bounce (candle close) on the on the trendline. The zone below that is where there is very strong support if it breaks. if that breaks too, uh oh.

Update, we have bounced, but before testing trendline, volume is also low, i think this is only a temporary bounce so i'm not bullish yet, $7k incoming, maybe a few $100 lower to stop loss hunt. Above $7800 and we ok.

Btc.jpg

Edited by Marty
update (see edit history)
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. You might also be interested in our Guidelines, Privacy Policy and Terms of Use.