You are viewing a single comment's thread from:

RE: Bitcoin is back to trading like a risk off store of value...

in #bitcoin6 years ago

Monthly EMA40 is slightly below 6000 USD currently, so it would require someone to find a serious bug in Bitcoin for it to crash a lot below 6000 USD... Other option is very unlikely, but some malicious trader with enough coins would need to cash out a lot of coins.

Sort:  

Yea, given the overall backdrop for bitcoin right now, being short doesn't sound very exciting to me.