RE:RE:RE:RE:Now you can understand why people love Bitcoin.rljp wrote: the market just got fully informed on HIVE today. Fully and completely. And the price did what it did and you think its going to the mid 3's in March? The professional tromped on this in the first hour of trading. Not a bullish sign. Further downside to come suggested.
Gap up and faded on news. Amatuers buying in all giddy and the pros unloading into it.
The market said 2.05 today bit shorters and week hamds and stop losses drove the sp d9wn....look at the RSI its 35. It meas oversold and watchpit for shorters cposing their sjort position on friday...you must have a strong balls to short this below 1.80 and stay with overnight short position