Cryptocurrency

[psychocandy]

When Bitcoin gets to it's previously all time high ($14k not $20k as is commonly believed) - pile into the alts. An alt-run begins as BTC price action returns to the previous high, which is imminent (i.e. weeks).

WAsnt it $20K?

[scooterscot]

WAsnt it $20K?

not really, that was just intra -day trading, Bitstamp, Europe's largest exchange never went about $19.3k. The media called $20k, but it never really reached that. Maybe for minutes.

The whole rally to $19 lasted hours $17k about 72 hours. The real high was defined by areas of support & resistance, which is around $14k on the dot.

When $10.5k is broken and becomes support, money will flood into the market at a silly rate. After $14k alts will feel the benefits of the new bull market.

Institutional investors throughout quarter 1 of 2020 have increased their holdings considerably against previous quarters.

[TheGreenBastard]

The whole rally to $19 lasted hours $17k about 72 hours. The real high was defined by areas of support & resistance, which is around $14k on the dot.

Why are you trying to redefine things to fit a narrative?

[b0redom]

WAsnt it $20K?

Wasn't it $100k? I'm sure someone said it was going to be $100k by last Christmas?

[DealorNoDeal]

Everest isn't 29,000 feet.

It's only 17,000 feet because that's the support area.

[Old Greg]

Why are you trying to redefine things to fit a narrative?

Is there a cryptoprize for the best answer?

[DealorNoDeal]

Scoots may well have the last laugh if it does do another moonshot.

Although I'm not sure who's going to propel it this time. I can't see joe public piling in like they did in 2017.

[Paralytic]

Institutional investors throughout quarter 1 of 2020 have increased their holdings considerably against previous quarters.

Evidence?

(I'm under 4 foot tall, as I'm typically sat down and that's my support area).

[scooterscot]

Evidence?.

Gerne

[scooterscot]

Why are you trying to redefine things to fit a narrative?

The narrative I can't take credit for because the facts belong to the chart, not the media. Candle wicks tell a story, bodies tell the facts. No matter the market, candle bodies are where decisions are made.

$14k is when money floods the market, not $20k.