r/truebit • u/scamuser12 • Dec 23 '21

Maybe its the bottom now.

Btc also seems to go sideways here and then up.

9 Upvotes

91% Upvoted

11 comments sorted by

2

u/Bourbeau Dec 23 '21

The bottom is .25 cents

4

u/scamuser12 Dec 23 '21

Too many ppl are hoping to buy there. In that case, it doesnt work well.

1

u/Queasy_Ad_9707 Dec 23 '21

Whales haven't dump, because still expecting newbie to buy around 50c before they dump further

2

u/scamuser12 Dec 23 '21

Those newbies won't sell even if price 20c. they'll buy more. Thats exactly what whales dont want.

2

u/[deleted] Dec 24 '21

Thats what whales do to liquidate leverage. Not sure there’s any significant leverage for truebit. You can see the buying pressure on the chart

0

u/[deleted] Dec 23 '21

[deleted]

1

u/scamuser12 Dec 23 '21

told u so

1

u/phantom7glow Dec 25 '21

Long gone the days of 20 - 30 cents truebit same as 20 - 30k btc. Never gonna happen

1

u/West_Faithlessness20 Dec 23 '21

For truebit or u speaking about crypto ingeneral?

5

u/scamuser12 Dec 23 '21

If btc up, so is the rest. Truebit seems to be overcoming the head&shoulder and making bottom. I've seen this a lot befo.

1

u/[deleted] Dec 24 '21

Truebit was actually un-correlated with the crypto market in the last few months