Bitcoin at $31,500 as I Write This - Hit $65,000 Five Weeks Ago - Last Line of Price Support at $31,000 - If It Breaks $31,000, Next Price Support at $10,000

CNBC [Live Bitcoin Chart] ^ | 19 May 2021 | Vanity

[zeestephen]

"Price Support" means a downward chart pattern that shows very strong buying at certain historical price points when the stock was previously going down...The rationale is that the buyers at those price points were not speculators, and they will not dump their shares during a panic.

[taxcontrol]

In my opinion, market is being manipulated to drive the price down so that the buy low sell high cycle can be repeated.

[Mama Shawna]

I have 392 dogecoins that I bought at an average of 40 cents. This is just play $$ for me. I’m HODLING!! Just for the fun of it.

[riri]

Exactly.

I have 550 I bought at .05

Another 250 I bought at .40

And 57 more I bought last night at .41

And I have about 80 million Safemoon coins. Katie bar the door, if that even gets to half a cent. (:

[Osage Orange]

People who write about trading don’t trade.

And that might mean you...right

[Osage Orange]

I've two Border Collies worth 2k.....

I am not HODLING!! LOL

[wastedyears]

It was all crypto.

[CryptoBull]

Well Reno, your knowledge of Blockchain and specifically bitcoin is quite low. Let me give you a few tips. First, like every bull cycle, bitcoin has many pullbacks in the 30%+ Range. In 2017, there were 7. Today's pullback, marking a 50%+ correction is historical, and hasn't happened since the bull market of 2013. As far as bitcoin being a tax evasion scheme, you need to do some research. If you understand that new money has to come in via a Fiat Gateway, ( Coinbase ) then your movement can be easily traced on the block explorer. Also, this would apply to 99% of cryptos and tokens via the open transparent corresponding block explorer. Bitcoin has already gone up $10,000 in less than 6 hours and many within the space were anticipating a major correction. Bitcoin is still on target to reach 200K this year, probably around October. Since 2011, Bitcoin has died thousands of times. Has had hundreds of 30% retracements and is still the best performing asset of the century. You'll be here laughing ,I'm sure, when Bitcoin goes from 200K to 100K.. and I'll be laughing at you.