When will the Bitcoin price correction end? Bitcoin is currently likely to fall again in the two price ranges indicated in the chart.
You can wait for the chart trend to return in these two ranges.
Btcetc
LONG ETC 30% or More Confirm.Hello Dear ,
As you can see, Ethereum Classic already lose millions volume.
but don't worry, it will be recovery more fast and we just waiting for other big news.
Trust , 2019 time to classic.
BTC ETC BUY OPPORTUNITYIs a very good opportunity to buy at 0.001650 sats . you don t need stoploss.ETC is situated into a giant triangle with RSI 33 and Stoch oversold at 1week
October events:25 october ETC Labs will be launched
-30 OCT full IOT
Also 4 weeks in row whales was tried every day to push the price below 0.00160.
Don't Let These Price Movements Fool You (BTC, ETC Accumulation)At the beginning of this year, there have been news surrounding big financial institutions like Goldman Sachs as well as government officials in a lot of countries secretly buying cryptocurrencies. Normally this would not happen so fast but if you look at the global economy and the state of the markets overall, you will see the big picture and what these people are trying to do. They are accumulating now because cryptomarket sentiment is at its weakest and they know they can use their dirty tactics to scare off most of these first time investors.
Coins like BTC and ETC are important to these whales because they are stores of value and inflation proof. There will always be another TRON or another Stellar but we're not going to see another BTC or ETC anytime soon. Maybe never. Now, these big investors are not much interested in Ethereum because it is not inflation proof just like their fiat money but coins that have a limited supply and are rare, coins that will appreciate enormously in value in the next 3,5 years, they want them now, as much as they can get.
Here are five very solid reasons why I think they are rushing to accumulate now:
1. They are afraid cryptocurrencies are going to put them out of business. So, they want to join the business before it's too late.
2. The state of financial markets is terrible and the next crisis is at door so they are looking for a safe exit.
3. The cryptomarket is fairly nascent and they want to accumulate as much as they can in order to dominate it for future.
4. They can see now that blockchain is the future so they don't want to be late to the party.
5. There is a lot of fear in the market and they know they can use it to scare off weak hands and buy low.
A tempting long.A tempting long. Price is far from the 200 EMA. There is a clear triangle, maybe others are taking the oppertunity of longing here as well. If price does not break down here, more people will be bulish and robably betting on the triangle betting up. the risk vs reward seem small. However, it is an alt-coin and i have noticed whales waiting outside the triangles and channels, because people fomo and fill their orders, and THEN price start to move up, even tho triangle clearly broke out. Anyway, thats all i wanted to say. Have a nice day.
