Bitcoin Broke...and is Entering the BUY ZONE!!! by heyimsnuffles

cryptocurrency · @heyimsnuffles · Nov 20 '18 (edited)

$4.85

Bitcoin Broke...and is Entering the BUY ZONE!!!

# I’m not going to link the posts because quite frankly, the past is the past. I have been Bearish Bitcoin since December 2017. It’s all on the Blockchain. 

# I have multiple posts showing continuous lower highs and Bitcoin has been guilty until proven otherwise for the last 11 months. 

# It is very very clear that Bitcoin broke this massive level because the space was fundamentally not able to sustain the parabolic bullish moves in price. However, this is what we are calling the BUY ZONE, let me explain. 

# Bitcoin has fallen from top to bottom (or retraced) over 70%+ on 5 different times in its history. Along with a couple other indicators, there was NO REASON to believe this would not happen a 6th time even way back in January. And now look where we are. 

# This is great news, you have to love the bears of crypto growling, you have to love CNBC talking about it again and this time the other direction, you have to love the sense of panic at the thanksgiving table, because what that means is we are CLOSER to moving towards a bottom now. 

# Bitcoin is not going away, blockchain is not going away, but this is markets, they go up and they come down, and we are entering the BUY ZONE. Keep accumulating crypto here, the ones with applications and real world use with a product (not BS coins and fantasy land) for this is still inning number 2 of this Blockchain Game...

![https://s3.us-east-2.amazonaws.com/partiko.io/img/heyimsnuffles-bitcoin-brokeand-is-entering-the-buy-zone-eynesmz4-1542651950262.png](https://s3.us-east-2.amazonaws.com/partiko.io/img/heyimsnuffles-bitcoin-brokeand-is-entering-the-buy-zone-eynesmz4-1542651950262.png)

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👍 buildawhale, rocky1, anotherjoe, timm, partiko-promoter, escapeamericanow, sbi2, steemexperience, timm-caja, maarnio, gillianpearce, warofcraft, joeylim, arcange, summertooth, partiko, uktr, steemitboard, bitbrain, iamjadeline, bolko, niko3d, workin2005, quillfire, eaglespirit, glastar, blockurator, felipemachado, bala41288, dynamicgreen, steemtuner, mdshahin786, broadcast, thecrazygm, oleg326756, mitrin, gee1, steemitresources, mbc-meps, pataty69, raphaelle, ecodesigns, fortinbuff, robinhoodupme, osigbhemeh, robinhoodgive, ikarus56, vladontheblock, jonyoudyer, lermagreen, a-alice, dr-murat, adam.tran, jk6276, bengy, yadah04, burlarj, maxwell95, thehoneys, tbtek, baa.steemit, tamala, bananamemos, dynamicsteemian, and 57 others

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@dr-murat · Nov 19 '18

Well, I lost the count of how many buy zones people encountered after the 20k peak of BTC.

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@heyimsnuffles · Nov 19 '18

Yeah, anyone calling a long term “buyzone above 12k was clueless.

👍 dr-murat

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@tts · Nov 19 '18

To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/heyimsnuffles__bitcoin-brokeand-is-entering-the-buy-zone-eynesmz4.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.

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@summertooth · Nov 19 '18

Hell yes Snuffles! Awesome.

👍 heyimsnuffles

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@oleg326756 · Nov 19 '18

Thank you for this analysis! As soon as get some spare cash, I’ll be putting it into Bitcoin!

👍 heyimsnuffles

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@niko3d · Nov 19 '18

Tending to agree here :-) buy zone indeed!!! Just need something to buy with :D LOL jokes aside, appreciate the posts you do.

👍 heyimsnuffles, cuddlekitten

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@steemitboard · Nov 19 '18

Congratulations @heyimsnuffles! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td>https://steemitimages.com/60x70/http://steemitboard.com/@heyimsnuffles/votes.png?201811191337</td><td>You made more than 11000 upvotes. Your next target is to reach 12000 upvotes.</td></tr>
</table>

<sub>_[Click here to view your Board of Honor](https://steemitboard.com/@heyimsnuffles)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


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@blockurator · Nov 20 '18

Here, here! As Rupert Murdoch says, Zig when others zag.

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@heyimsnuffles · Nov 20 '18

Yes! Love that!

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@bitbrain · Nov 20 '18

Well said man, well said!

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@heyimsnuffles · Nov 20 '18

$0.03

I am looking to make some serious accumulation into these levels...75% drops are ultimate buys for some things you really believe in

👍 dustsweeper, bitbrain

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@bitbrain · Nov 21 '18

Christmas came early this year!

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@vladontheblock · Nov 21 '18

I set up cluster buy limit zones at $4.5k, $3k and $1k. I'm perfectly happy if we drop all the way so I'd get them filled. Otherwise, will just readjust when I see some reversal signs (i.e. HHs & HLs) on the weekly. 

As a matter of fact, any anxiety that I had regarding crypto completely evaporated with this drop, as everything is going according to plan &#128520;

👍 heyimsnuffles

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@quillfire · Nov 21 '18

@heyimsnuffles,

If you want to know **Precisely why Bitcoin crashed,** taking all the altcoins with it, here's the explanation:

https://steemit.com/steemit/@quillfire/coming-out-of-the-closet-i-am

*Quill*

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@joeylim · Nov 22 '18

@heyimsnuffles because bitcoin price has fallen so much these few days, there has been lots of skepticism.\n\nAnd some still saying the crypto bubble has not burst yet. What do you think about that?

Posted using [Partiko Android](https://steemit.com/@partiko-android)

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@heyimsnuffles · Nov 22 '18

You have to love the people saying that it has not burst yet saying it will keep going down now...those were the same people saying it will keep going up at 18000

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@simplymike · Dec 7 '18

I need to go check the price of BTC, because last time I checked, it was still worth 5x  more than what I bought it for. The 'buy' time for me is still far away. I hope it doesn't go that low again...

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@simplymike · Dec 7 '18

Just checked... I'm still safe. But no way I would start buying at  more than 4x the price I originally paid. Still way too high, that price...

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