There it is!
Watching in real time as Bitcoin crashes sub 10k against the dollar on Coinbase. Will it go to 9k or 8k? Only time will tell.
This is some pretty high volatility. Good ol' trading bots at it again. Lost $300 in the time it took me to write this.
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0.000
Whale moves again.
They just are doing what most people are expecting.
It feels like the support is being tested... and i see a very strong support so far. Winter bull run probably gonna be insane.
You have been playing the game for a while now. I don’t think this surprised you.
haha no, not at all...
in fact... i was expecting it to crash lower... everyone is talking about "support at 10k broken again"
There was never support at 10k in the first place... thats just unit bias.
we had support at
$9100 twice
$9300
$9550
But people keep talking like it's "breaking support"
I'll have what they're smoking.
I'll have what they're smoking, and the only surprise is if it's laced with something. I donno charts are generally predictable in hindisght. The patterns we watch for, surprises 'can' happen, but generally you know what you are doing and exactly 10k support was never there (in terms of chart).
1 minute candles.
6 minute crash with fairly strong recovery.
seems like someone is testing support just in case ~10k is just unit bias.
Tested local low, little bounce, breaks local low and triggers all those stop loss orders and liquidates em, which makes the price fall :)
Easy cuz of the low volume b4 the drop
After a Google Search for btc unit bias your post was a top 5 hit..
I really liked your conclusion
That is a sobering reality I think everyone should keep at the forefront of their mind..
I've been waiting for months to see something nearing 8500 to jump on, perhaps this will be it. That might not happen and it may not even ever happen again, time will tell and I'll be watching..
https://steemit.com/bitcoin/@edicted/unit-bias-fallacy-21-million-bitcoins-is-not-scarce
Wow crazy... I'm always surprised when I pop up on Google like that.
I think it's safe to wait it out till the end of October, but November might be pushing it. I think everyone expects that winter bull run. Seems to be the standard.
Yea that's definitely awesome, actually #3 hit!
Indeed, still waiting. Kicking myself though as I was very much aware of bitcoin in 2011 but assumed it's only use case was finding silk road insanity so I dismissed it until that ath climb.. Then I started looking into just what exactly is this thing and how do I sneak my way in..
Steem became my crypto 101 and if nothing else that's one helluva of potential for this platform. Just needs some better searching, compiling, and condensing to make sifting through the material more accessible for a Normie like myself..
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So many things are going off the rails all at once. The Fed is acting like the proverbial drunken sailor.
Gregory Mannarino can be a bit over the top (does the man ever sleep? look at those eyes!) but his rant today is a classic:
https://steemit.com/money/@marketreport/alert-fed-cuts-failed-state-debt-de-th-spiral-by-gregory-mannarino
Please crash to 8k so I can gain more! I was shocked to see it drop sharply like that. Keep it going bots!