Bitcoin Crash ??

26 окт. 2018 г.

With the rest of the market has been crashing, BTC and other crypto assets have been viewed as a safe harbor in a storm. Studying the BTC chart for most of the day showed me that there were many automated buy positions at 6400 USD ,which is not normally an onramp for Bitcoin. It seems that the only real support at that level was and is psychological ; a safe haven in the storm. I may be looking into palladium as an alternative. It is at least acked by something. The previous October crash and rebound for BTC but not most altcoins shows in my humble opinion a very delicate and weak crypto market atm , so I can only speak for myself but stop loss is in place with talk of retesting 5900 USD lows etc. Caveat emptor.