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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (21015)	6/14/2018 4:09:16 PM
From: John Pitera	2 Recommendations Recommended By kimberley sixty2nds Read Replies (1) \| Respond to of 33421

Hi Don, All that would have to happen is for Bitcoin to break above and close 2 days above that point..... which is quite plausible....... I think all the technical traders know how important that $6400- $6200 level is. and as I think about it my post probably marked the bottom.... and let's see what happens... intuitively $800 does not make sense you would think it would have to stop it's devastating bear market higher than that....... I have quite a bit of history of Bitcoin on this thread..... there have been 850,000 BTC that were lost.... stolen...... who know when Mt Gox collapsed in 2013. BTC has already experienced 90% bear markets.... the NASD from March 10 of 2000 into Q1 2003 fell almost 90%.... may more like 83%...... if the NASD can collapse near 90%......... and we were right here on this thread and on several other threads trading stocks, options and futures... all the way up..... and all the way down... I was working as an FA for a Bulge Bank that bought one of the really famous Brokers to establish a distribution network for there products...... and so really could not post much for much of that bear market.... Had to change my name to NotMorgan.......... a few of the old timers shall recall that..... there are posts back in 2002.... where peope were posting guests on this thread. John