Bitcoin has been bouncing off the 17,800 levels a few times now. That's a sign it may have topped out for a while. Not saying it will plummet but it looks like a correction is starting to take place. My guess is it will rest around the 14K level for awhile.
Seems Bitcoin is finally showing resistance...
Collapse
X
-
RangeFinderSBR Hall of Famer
- 10-27-16
- 8041
#1Seems Bitcoin is finally showing resistance...Tags: None -
HmanSBR Posting Legend
- 11-04-17
- 21429
#2What we've witnessed so far is amazing.Comment -
shocka1212SBR Posting Legend
- 10-06-12
- 16788
#4all the futures did was create a ceiling. so its going to stay steady..Comment -
Chi_archieSBR Aristocracy
- 07-22-08
- 63165
#5its uncharted territory
how can you use the trends and terms like "resistance" "levels" "bounce" ect on an animal like the infantile crypto market
when you only have ever thought of those terms in accordance with relative dinosaurs like wall street, commidities, housing ect
its a whole new worldComment -
RangeFinderSBR Hall of Famer
- 10-27-16
- 8041
#6its uncharted territory
how can you use the trends and terms like "resistance" "levels" "bounce" ect on an animal like the infantile crypto market
when you only have ever thought of those terms in accordance with relative dinosaurs like wall street, commidities, housing ect
its a whole new worldComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#7Their moving money into ethereum and LitecoinComment -
cankidSBR Hall of Famer
- 08-22-08
- 7214
#9What a year for the cryptos!!Comment -
Chi_archieSBR Aristocracy
- 07-22-08
- 63165
#10
might be different.....
than the "history" of something like Wall street's 120 year journey
agree or disagree?Comment -
Chi_archieSBR Aristocracy
- 07-22-08
- 63165
#11if history taught us much in foresight and especially people that like to say things like "if history tells us/taught us...." whilst in hindsite
than I guess many here would be sitting on like 500-5000 whole bitcoinsComment -
PhilmillSBR MVP
- 09-30-11
- 4275
#12Now with the futures market on grid...... It should be a matter of supply and demand....for the crypto's
be interesting to see where the demand is going to come from.....Comment -
RangeFinderSBR Hall of Famer
- 10-27-16
- 8041
#14Agree that the markets have evolved and are different than even 20 years ago. But I think the same principles will apply, it's just going to move much faster and there will be a lot more volatility.Comment -
Chi_archieSBR Aristocracy
- 07-22-08
- 63165
#15the mindset of the people where the $ is coming from on these projects is just soooooo much different from the Warren Buffets and disciples in our western ideas of markets.
I just wouldn't lean to heavy on any theories
besides the fact that its the cyber/global wild wild west
and we never know when the next bunch of wild bill's, Wyatt Earps, billy the kid's, Butch Cassiday, or a bunch of texas marshall's or US Army are gonna come through and totally change or shut down the whole playing field. all of which are prob 7 years old right now in India or some other asian country learning to hack on their parent's IPad.Comment -
RangeFinderSBR Hall of Famer
- 10-27-16
- 8041
#16the mindset of the people where the $ is coming from on these projects is just soooooo much different from the Warren Buffets and disciples in our western ideas of markets.
I just wouldn't lean to heavy on any theories
besides the fact that its the cyber/global wild wild west
and we never know when the next bunch of wild bill's, Wyatt Earps, billy the kid's, Butch Cassiday, or a bunch of texas marshall's or US Army are gonna come through and totally change or shut down the whole playing field. all of which are prob 7 years old right now in India or some other asian country learning to hack on their parent's IPad.
Can they make it safe free of corruption and manipulation?
Right now they have not proven soComment
SBR Contests
Collapse
Top-Rated US Sportsbooks
Collapse
#1 BetMGM
4.8/5 BetMGM Bonus Code
#2 FanDuel
4.8/5 FanDuel Promo Code
#3 Caesars
4.8/5 Caesars Promo Code
#4 DraftKings
4.7/5 DraftKings Promo Code
#5 Fanatics
#6 bet365
4.7/5 bet365 Bonus Code
#7 Hard Rock
4.1/5 Hard Rock Bet Promo Code
#8 BetRivers
4.1/5 BetRivers Bonus Code