Loading ...Cryp Tonite
Its a weekend so nothing is trading right ?
Well no…that’s not exactly right…cryptos trade 24/7/365
Here’s whats happening right now…its a Bitcrash
Plunger is postulating at the Chartlogy Forum that this perhaps is a prelude to the action in the rest of the markets on Monday….
Why OH Why ?
https://www.oregonlive.com/business/2018/11/bitcoin-prices-collapse-amid-cryptocurrency-rout.html
Wipeout.
So guys and gals is this the Point Of Recognition (POR in Bitcoin and the other cryptos or have we already seen that?
Seems that this is something like the April 2013 crash in precious metals that took gold below $1520 and silver below $26 supports and signalled a fresh trading stage of the bear market.
Has anyone posted about PORs in cryptos?
What’s the target from here? Would be difficult on a linear chart but a log chart, what about that? Are we talking sub-$2000 on a log chart for BTC? Thsi would be a roughty equal move in proportional terms 19000 -> 6000 and 6000 > 1900ish.
PS Great title!
PPS I didn’t close my brackets)