darobsta

BTC - A nice big dip please

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darobsta Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
The fork fizzled about a week early .. I was hoping it would. Bitcoin did go above the 2017 long term trading channel, just by a bit - which is fine as price was going mental when news of the cancellation came out and the lines are just estimates anyway. Have re-projected my downward trend from yesterday, down to my estimated 40% drop.

Ended up selling about 10% at an average price point of around $7050, not great .. but I was sticking to my plan and have kept some in reserve in case it rockets up/over 8k. Next time I will be more patient and make the amounts less linear, i.e. rising amounts higher up into the sell zone
Kommentera:
Well, it's dipping very quickly! Looking at the previous 2 dips, this looks to be about the right rate for the initial dump though.
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