What I want to say to you immediately: Stop your sell orders and look at the graphs below. Remember BTC is a social construct and it needs support right now!
I will not give in to COVID-19 fears or market drops despite being invested and ordered to quarantine after a negative COVID-19 test myself (yea, you get quarantined anyway). I implore everyone to make a stand, if we allow the price to continue to fall now it may have greater consequences in the long term due to the COVID-19 pandemic.
Current activity (4-10-2020) suggests people are scared and putting in sell orders, they are going in faster than the buy orders:
What we need right now is community support and gratitude during difficult times for all. I am combating unconfirmed covid (still) and I can practically feel the panic in others right now at an empath level.
But, we CAN hold the line:
People putting out orders like this when the market is failing to fill them says one thing, we're not done here!
I see heavy resistance at $6,800 and I hope it holds. Crypto is doing better than stocks right now and I want to see it stay that way.
We need to rally support for our cryptocurrencies, if societies finances collapse (it's a probability) we are going to need alternative currencies now more than ever. Otherwise, we go back to the barter system to which I am prepared, but it's 2020... we as civilians of the world should advocate for our own financial solidarity in times when the government has failed us.
Remember why Bitcoin in the first place. Decentralized currency, out of the hands of politicians and greedy banksters.
Altcoins are evolving with a variety of enhanced features, but they rely on Bitcoin's worth at this moment in time.
I ask you as a fellow human being, take the risk for what you believe in. Picture a better tomorrow when all of this has passed.
It. Will. Pass.
It always does.
Update 1: Good work, Keep it up - Literally!
The resistance is clear at $6,760 and it makes no sense to sell right now:
No one is buying quantity at the sale price. Why sell for lower?
Update 2: Well done. I believe whales were attempting to manipulate the market price as these buy orders made no sense and were quickly pulled. Now we see more balance at $6,800:
I'm a little proud right now:
The market is now back up to $6,865 with signs of buyer-dominance meeting seller resistance at $6,785. GOOD WORK. KEEP IT UP!
Day 2 of bulls and whales dancing in circles (4-11-2020):
As you can see, the dramatic drop was intentional and those watching the market quickly grabbed up the margins *claps* - as of right now it's still holding.
Update 3: 4-12-20: Less of a bullish attempt this morning, no whale activity and Bitcoin is now back up over $6,935 and touched $6,940:
10:16 am: Bitcoin breached $7,000 and is holding for now. This is exactly the type of recovery I was hoping for, I hope it continues!
If you can't afford to buy Bitcoin right now, it's not a bad time to earn some relative to USD value. It may not be in a few months.
We are the only resistance. We don't need to lose any more than we already have.
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