Bitcoin Is Over $7,200!

[Joe Flacco]

Holding the yellow line so far.

 

[Elliott]

WSJ:"Bitcoin Plunges 25% in 24 Hours in a Cryptocurrency Market Rout
Digital currency has lost more than $120 billion of its total market value in less than a week

The price of bitcoin tumbled sharply Friday, wiping one-fourth of its market value in the past 24 hours alone, as a wave of selling hit the broader cryptocurrency market just before the Christmas holiday weekend.".

Step right up and catch a falling knife. Where are the bulls to prop up the price? Merry Christmas.

https://cryptowat.ch/bitfinex/btcusd

In real time the little white dots look like snow flakes falling. I watched it break 12,000, and going down.

 

[Joe Flacco]

I'm right here. I caught the knife by the handle. Merry Christmas.

 

[djd09]

as a wave of selling hit the broader cryptocurrency market just before the Christmas holiday weekend.".

It was probably nakamoto cashing in because in the end they still love the fiat system.

 

[Big ole Boy]

I bought the dip.

Santa Claus is coming to town....

 

[djd09]

Santa Claus is coming to town....

Santa and his fiat system.

 

[Joe Flacco]

Santa Claus is coming to town....

 

[Joe Flacco]

Not out of the woods yet. Would really like to see it get above and hold $15,000. 61.8% retracement is around $7,500.

 

[Non Sequitur]

 

[Joe Flacco]

Just don't forget before it slid from $800 to $200 and I think it took about three years to recover. Think bottom is in but anything is possible.