Topic: 250$ and up! signs of trend reversal? (Read 3028 times)
You jinxed it. It took a reversal at 251. lets hope it goes up again
It's a typical p&d, a whale wanker is jerking you around.
The only accurate statement in this entire thread.
-B-
Pause @~240 as traders, who got sucked into long positions at the top of the previous range, are getting out at break even. I could see it going past $300 definitively this time around.
in the past once btc prce go above 300$ as per that price
may be btc price will go up again
see the live btc price
http://preev.com/
btc price must be pause at 230$ per btc
Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p
There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200.
A good news rally is likely to unwind in a bear market since it likely consists of trader money trying to catch a wave. Esp. In BTC where it takes a week+ to set up to buy. We saw this several times last few months. OTOH a good volume no news rally is more likely to consist of investment time frame purchasing. Of course 3600 coins per day could still take the wind out.
it goes up it goes down. omg panic and dirty knickers.
Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p
There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200.
Haha no I was upset when I saw it was up 8% this morning. All of my funds are offering liquidity for trade swaps in Bitfinex and can't take a short/long position :p
Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p
There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200.
Pause @~240 as traders, who got sucked into long positions at the top of the previous range, are getting out at break even. I could see it going past $300 definitively this time around.
Expecting a correction downward, but hopefully not below $235.
I think it'll go back to normal levels. Too fast to be stable or organic, it might even go be low the 220s for a little bit.
Wow two smart people!
Expecting a correction downward, but hopefully not below $235.
I think it'll go back to normal levels. Too fast to be stable or organic, it might even go be low the 220s for a little bit.
Expecting a correction downward, but hopefully not below $235.
Sub 200 by Monday. Sub 170 by Wednesday.
Sub 30 by December.
Sub 30 by December.
Care to wager?
finally after a week nice to see it climb back to 240$..
Any signs of trend change?
Any signs of trend change?
9% increase could stay for some time, but remember how that also means new 72k USD that must be pumped into bitcoin daily in adition to 800k USD that were on 220$/btc.
I dont see this going too far, just aliitle up and down ride to shake down some profits.
This is not breaking bull, and its just a matter of time when this situation is going to calm down.
I have put my seat belt on for the moon ride so many times!
But I will strap up again I guess!!!
But I will strap up again I guess!!!
Sub 200 by Monday. Sub 170 by Wednesday.
Sub 30 by December.
Sub 30 by December.
That be interesting xD
Sub 200 by Monday. Sub 170 by Wednesday.
Sub 30 by December.
Sub 30 by December.
Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p
Here we go i hope you are strapped in because we are heading back to $350 then the moon!
This is a shuttle ride to the moon then beyond enjoy the ride ladys and gents
This is a shuttle ride to the moon then beyond enjoy the ride ladys and gents
A fast trip to $350 means a short squeeze with nothing underneath it but an air pocket. I'll short that in a heartbeat. A SLOW trip to $350 is a different story.
Here we go i hope you are strapped in because we are heading back to $350 then the moon!
This is a shuttle ride to the moon then beyond enjoy the ride ladys and gents
This is a shuttle ride to the moon then beyond enjoy the ride ladys and gents
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