RE: Is Bitcoin a bubble by johnnc

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bitcoin · @johnnc · Feb 1 '18

$0.03

RE: Is Bitcoin a bubble

It has sold off but i think it now has some up to it. it went from $11,202 down to $10,139 at the time of this post. I dont care what happens to it. if i see a buy signal i will buy if not i will set back and see if Warren Buffet is right when he said to buy a 5 year put......![bitcoinbubbleselloff.png](https://steemitimages.com/DQmVxep1v5n8vam9fkV55NJqxJEDvYMVRFWyN2dUCdwGXRe/bitcoinbubbleselloff.png)

👍 dame-lily, podarkov, ellemoz, marcelsantos

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@johnnc · Feb 1 '18

it sold off more today. i thought i would go up to the daily 21 moving average before heading back down to the 200ma. if it breaks(or penetrates the bitch) it could break down even lower.

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@johnnc · Feb 1 '18

before the major sell off i had tweeted out that i thought it would go to $8k. Unfortunately my twitter was blocked, so i have no verifiable proof of it.

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@johnnc · Feb 1 '18

i was not watching bitcoin overnight so im sure there was some indication that it would continue to sell off. but i will stay i was wrong on thinking it had some up to it. with that said i did enter or exit the market biased off my analyses so there was not enough for me to be certain.

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