Bitcoin News November 23, 2019
1,250 #BTC (8,990,153 USD) transferred from #Coinbase to unknown wallet
45,500 #BTC (336,222,696 USD) transferred from unknown wallet to unknown wallet
If you’re an upstart media company and you take investor money from the people & organizations you are supposed to be covering, you’re not a journalism site.
You’re a propaganda machine.
The question is always whether those in this bucket are self-aware to realize it or not.
While $7700s was a monthly support & current VWAP - $7400 is indeed the area we want to watch and is the last support before falling down to $6500s
If BTC holds here, it could at least go up to re-rest $7900/$8000
But from here, another $1000 drop isn't out of question
In all honestly I’m really not phased by this dump
It’s a good thing because many nocoiners buying the dip make this crypto army stronger than ever
This brings more people in and really, how low can it go?
Says Crypto Spending on Real Estate to Double in 2019
Sure, statistically there's a chance that $3k wasn't the bottom. Sure, we could go to $2k or even $1k.
And if we do, guess what? I will just buy more and lower my avg entry.
But getting rid of an entry in the low $4k range? Fuck that! Not worth the risk/reward
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