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Topic: $400 has been hit way too quick, people will get burned buying here (Read 3905 times)

full member
Activity: 126
Merit: 100
Burned again and again, as called 366 was hit  Shocked
full member
Activity: 126
Merit: 100
BURNED!!! This weekend will be crazzzzzzzyyy  Shocked
full member
Activity: 126
Merit: 100
This upcoming year will prove to have many wild swings!

Huge hedge fund ready to short bitcoin to bargin prices like they did with the stock market??
LOOK AT THEIR RECORD!  Cheesy
newbie
Activity: 15
Merit: 0
Short term speculation = white noise only useful to day traders.
Long term projections based on fundamentals = $$$$$
hero member
Activity: 966
Merit: 546
Large mining companies have financial advisers to, well advise them, so they don't do dumb things and crash the market by creating too much selling pressure. Anybody with enough money to invest a considerable amount would hopefully have the same basic knowledge of markets haha. This is a nice healthy retrace to the bottom supporting line of a new upward channel most likely. Very good to see such a healthy market in this space for once. None of the weekly nor monthly charts have ran their course up to what looks like to be around an $800 price point.
full member
Activity: 126
Merit: 100
I am all out at 383, I do not see 400 coming on this no volume dead cat bounce... I am looking to open shorts soon


Are you still all out or do you plan to buy again ?

I am all out and finished opening my shorts yesterday since we got so close to $500!!! Redic greedy day for many many people out there... Just remember now the miners have been stacking up their coins instead of selling to let the price really go up. When they think we found a top like yesterday they will start to RACE each other to dump more coins than their competition. This is why every downturn we have is so brutal! If they're still making over $2mil in coins per day everyday then what effect do you think a 3 day rally has?! LOTS!  Lips sealed
legendary
Activity: 1652
Merit: 1265
It has pulled out from under and CCI, MACD and Divergence are all positive now after a very very long time. Once EXP is out to positive territory, anyone looking at charts is going to think twice about going short.

This is not a joke, we are getting out to the postive side completely.

It certainly appears that way but were not there yet. It could be all smoke & mirrors. If everything crosses for a consistent period of time with a huge buy behind it, were good to go. If its a small creep over the line with minimal support it could be a good time to sell before a potential massive sell-off which could go to sub $200.

when will we know it?

1-2 mths.

+1

Most bubbles until now took 30 days. Since bitcoin is way more expensive it might take longer to hit the ATH.
Also beware for traps along the route. This might be a trap and not the main bubble.
newbie
Activity: 28
Merit: 0
I hope it blows out the 450 barrier tommorrow. Only time will tell.
full member
Activity: 145
Merit: 100
It's the begining of a bubble, it doesn't need to go slowly
donator
Activity: 1617
Merit: 1012
We are now testing how strong the resistance at $400 is... We can barely pass it looks like & so far we made one bounce off of it

How high do you guys think this rally will go? Last time 400 was the tipping point and we went right back near 300.. Will it happen again?  Huh

Your long @$300 and short @$400 routine will work a few times ... until it doesn't. That's how the market takes back from traders who think they've just got everything figured out.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
It has pulled out from under and CCI, MACD and Divergence are all positive now after a very very long time. Once EXP is out to positive territory, anyone looking at charts is going to think twice about going short.

This is not a joke, we are getting out to the postive side completely.

It certainly appears that way but were not there yet. It could be all smoke & mirrors. If everything crosses for a consistent period of time with a huge buy behind it, were good to go. If its a small creep over the line with minimal support it could be a good time to sell before a potential massive sell-off which could go to sub $200.

when will we know it?

You should already know, this maybe the last time we ever see 4xx again never mind 1xx

Ask the sad people who didn't buy at 1,5,10,20,50,100, etc
legendary
Activity: 1022
Merit: 1001
It has pulled out from under and CCI, MACD and Divergence are all positive now after a very very long time. Once EXP is out to positive territory, anyone looking at charts is going to think twice about going short.

This is not a joke, we are getting out to the postive side completely.

It certainly appears that way but were not there yet. It could be all smoke & mirrors. If everything crosses for a consistent period of time with a huge buy behind it, were good to go. If its a small creep over the line with minimal support it could be a good time to sell before a potential massive sell-off which could go to sub $200.

when will we know it?

1-2 mths.
hero member
Activity: 1666
Merit: 565
It has pulled out from under and CCI, MACD and Divergence are all positive now after a very very long time. Once EXP is out to positive territory, anyone looking at charts is going to think twice about going short.

This is not a joke, we are getting out to the postive side completely.

It certainly appears that way but were not there yet. It could be all smoke & mirrors. If everything crosses for a consistent period of time with a huge buy behind it, were good to go. If its a small creep over the line with minimal support it could be a good time to sell before a potential massive sell-off which could go to sub $200.

when will we know it?
legendary
Activity: 1022
Merit: 1001
It has pulled out from under and CCI, MACD and Divergence are all positive now after a very very long time. Once EXP is out to positive territory, anyone looking at charts is going to think twice about going short.

This is not a joke, we are getting out to the postive side completely.

It certainly appears that way but were not there yet. It could be all smoke & mirrors. If everything crosses for a consistent period of time with a huge buy behind it, were good to go. If its a small creep over the line with minimal support it could be a good time to sell before a potential massive sell-off which could go to sub $200.
newbie
Activity: 38
Merit: 0
it is still climbing, biggest jump in the last year i think.
hero member
Activity: 924
Merit: 1000
It wasn't quick in a negative way at all, in every way you look at TA that bottom at 275$ met a powerful support that ignited buying at every level after that. We just broke the midterm downtrend resistance and this is giving confidence to some and causing FOMO in others. I'd say that until we hit 480$, we are in a green zone and noone should be worried to have bought before 420$.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
$500 is next target!

$600
$700
$800
....
MoooooooooonnnnnnnnnnMoooooooooonnnnnnnnnn woooooohooooooowoooooohooooooo Smiley
sr. member
Activity: 241
Merit: 250
$500 is next target!

$600
$700
$800
....
legendary
Activity: 1176
Merit: 1010
Borsche
I am all out at 383, I do not see 400 coming on this no volume dead cat bounce... I am looking to open shorts soon


Are you still all out or do you plan to buy again ?

he said he opened shorts, so now must be shortless.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
November 2014 could go down as the last month in history that 1 BTC could be exchanged for less than $1000 usd.

FTFY
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