$light. Do you need to be crazy to buy right now?
With a drop from $4 to under $1, the Bitlight token has got everyone talking.
Do you buy the dip or wait for signs of recovery? Opinion is divided.
It has recently retaken the $0.90 level, and if it shoots back up to $2 then it will probably be sudden and violent.
This is a gamble right now, so it isn't right for everyone. But if you want to stay tuned, I'll keep providing updates as it moves.
Right now, the leveraged longs seem to have been flushed out, but we need clarity on the team's sell-offs, which have caused additional worries.
I'm bullish, but we might need to go through a longer tunnel before we see the #light at the end.
update - It just lost the 0.90 level again. I suggest putting in a lower price on your limit order if you plan to buy. Don't chase any green candles on this one.
