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Re: abrois post# 25631

Thursday, 09/14/2017 12:06:46 PM

Thursday, September 14, 2017 12:06:46 PM

Post# of 75192
No problem! If you look into some technical analyzers for Bitcoin on youtube when the price was nearing $5,000 USD, basically a few weeks ago, you will see them say there's going to be a major pullback back into the $3,000 area way before all of this China news and Jamie Dimon comment even came out. Fast forward towards now, that very same pullback is happening, just like how they analyzed it! Even Goldman Sachs said this back in AUGUST - https://www.cryptocoinsnews.com/goldman-sachs-bitcoin-price-eye-5000-crash/

So for people to say that China and Jamie Dimon is the cause of Bitcoin going down is simply nonsense because Bitcoin Chartists have been calling this play since Bitcoin was near $5,000 break. This pattern is similar to when Bitcoin was trying to break $3,000 and then we saw a major pullback back into the $1,750 area and then next thing you know it, we blew past $3,000 right into $4,000. Same thing happening now.

I'm glad I sold some Bitcoins at the top ($4,970 area) and bought some more at $3,515 on GDAX just now! Loving this pullback and going to sell some BTC between $6,000 & $7,500! We'll see another major pullback towards $5,000 once Bitcoin is trying to break over $8,000. I say $5,000 because it's currently the resistant and in the world of charts, the resistant usually becomes the support once it's broken.

I'm about to stop manually trading cryptocurrencies though because now, there's a CRYPTO TRADING BOT that does all of the work for you and brings in about 40% gains every month if you leave it on from what I've heard. I'm going to purchase it and try it out myself because I'm highly curious if this is true or not. This bot can be used on Poloniex, Bittrex, Kraken, and cryptopia!

Stay ahead of the pack my friend and scared money doesn't make any money!