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LOL @ "New" $7500 Bitcoin Price Point

bearish.jpg

Exactly one month ago I was talking about how $7500 was a very critical level for Bitcoin.

https://steemit.com/speculation/@edicted/bitcoin-has-never-been-worth-more-than-it-is-right-now

I've been saying this multiple times a week since then, and for the most part everyone blew me off.

Oh what? $7500? That's too low!

bitcoin-7500-critical.png

Are you willing to buy yet?

https://www.coindesk.com/the-case-7-5k-could-become-bitcoins-new-price-support

https://www.ccn.com/news/3-reasons-y-bitcoin-nosedive-below-7500/2019/07/17/

Now multiple articles are coming out talking about $7500. This should be old news to you; very old news.

Of course this news comes out at the worst possible time, as the price of Bitcoin is likely to gain some value over the next week. It's almost like they want you to sell low and buy high.

Once again I'm super annoyed that I can't take my own advice. I've known the real support is at $7500 and I've been talking about it this whole time, and yet still I put all my hedge money in to make a swing trade. Now that money is locked into the market for another week and I'll just have to hope I don't lose too much on that gamble. Of course, as a diehard holder, what's another $100 lost is this sea of red? It's not really that big of a deal. The real spike comes in the winter anyway.

Back to programming.


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LOL @ "New" $7500 Bitcoin Price Point was published on and last updated on 17 Jul 2019.