Really didn't expect for this thread to be relevant still, but it seems 360 is the magic number. Break up, or down? I must know now!
I think we will just move sideways. That is, we stay around $350, with max. $50 swings in each direction. If you like to trade these swings, the rest you have to figure out yourself. DYODR always before trading, don't look for hints on the forum, as it is purely your own responsibility for the trades you take. 
Topic: ~415 - Break out up, or down? - page 7. (Read 8819 times)
Big drop in this morning, in coindesk from 379 down to 364. 
I think this price have manipulated by some people who do not want bitcoin going to 400.
I think this price have manipulated by some people who do not want bitcoin going to 400.
it's what we consider a normal correction nowadays. i won't be surprised if we see the price back at $380 tomorrow or the day after that. it goes up $20, and it goes down $20. it's very predictable. people make nice profits when they ride these waves.
If it's so predictable then I can assume you put your buy orders in at 360, and your sell orders in at 380 right? because it's just going to bounce from 360 to 380 and back to the end of time right, no risk involved
i do some day trading from time to time. and yes, i do use these price swings to make some profit. otherwise i wouldn't mention it
Really didn't expect for this thread to be relevant still, but it seems 360 is the magic number. Break up, or down? I must know now!
some hours ago bitcoin price down under $350
and i see some good news like http://www.coindesk.com/bitcoin-taiwan-retail-familymart/
i hope we can reach $400 again in this week
I don't think that if some retail store in taiwan starts to accept bitcoin it would move the price up.and i see some good news like http://www.coindesk.com/bitcoin-taiwan-retail-familymart/
i hope we can reach $400 again in this week
Otherwise, these all 'news' just serve nothing and we observe simply the regular volatility of Bitcoin: we are stable at around $350, with $50 moves in each direction.
My TA take on it fwiw, is while higher lows continue so will the bull move attract buyers on a pullback to around 330, then a break of the recent high around 380 would be on the cards within a month.
some hours ago bitcoin price down under $350
and i see some good news like http://www.coindesk.com/bitcoin-taiwan-retail-familymart/
i hope we can reach $400 again in this week
I don't think that if some retail store in taiwan starts to accept bitcoin it would move the price up. and i see some good news like http://www.coindesk.com/bitcoin-taiwan-retail-familymart/
i hope we can reach $400 again in this week
I don't know the first thing about TA but I believe the price will break soon either up or down. Anybody got any guesses?
My guess is that the price will increase and become stable somewhere around $400 by the end of this year. I don't mind the drop, it gives s few of us a chance to invest more into bitcoin. Before it goes back up again.
I wouldn't be surprised if it kept dropping until next year.
I wouldn't be surprised if it kept dropping until next year.
Yes. People will most definitely use this price drop in their advantage to buy in more. I think we'll see $400 again this year for a very short time, and see the price fall back to below $400 again.
I don't mind the drop, it gives s few of us a chance to invest more into bitcoin. Before it goes back up again.
I wouldn't be surprised if it kept dropping until next year.
I wouldn't be surprised if it kept dropping until next year.
some hours ago bitcoin price down under $350
and i see some good news like http://www.coindesk.com/bitcoin-taiwan-retail-familymart/
i hope we can reach $400 again in this week
and i see some good news like http://www.coindesk.com/bitcoin-taiwan-retail-familymart/
i hope we can reach $400 again in this week
Technical analysis on a market as small and immature as Bitcoin is pretty much worthless.
It's like trying to do technical analysis on a penny stock - any news moves the stock a TON more than anything technical analysis looks at.
It's like trying to do technical analysis on a penny stock - any news moves the stock a TON more than anything technical analysis looks at.
Big drop in this morning, in coindesk from 379 down to 364.
I think this price have manipulated by some people who do not want bitcoin going to 400.
I think this price have manipulated by some people who do not want bitcoin going to 400.
it's not that they don't want, it's their decision to do an increase to 380, they play with the market for accumulating more at every range
so they actually want to go to 400, but not with their money, therefore they start the pump and wait for the fish to finish it
i do not know, but we should be able to touch $400, the current price is $376 so it was very close and I hope it does not break out down before touch $400
the price slowly but sure still climbing i think it would be reach to $400 before christmas but my questions could the price stable if reach to $400I have sold some bitcoin when the price of $367 and before falling to the current price $360 . Are you sure Christmas will affect the price of bitcoin?
It's possible that Christmas could have somewhat of an effect to it but don't think it will be much.
If the value decreasesaround Christmas I might make my way to some exchanges
I think my view, maybe the price will go down when Christmas comes, maybe they will sell for the purposes of christmas
Big drop in this morning, in coindesk from 379 down to 364.
I think this price have manipulated by some people who do not want bitcoin going to 400.
Once again, dropping the price down $20 is not a big drop. That is not even 10% of the current price. Come on guys! Bitcoin is very volatile and that is something normal in here. What happens now is that we established a trading range around $350 and we may move about $50 in each direction. If you are not a day trader or heavily leveraged (like 10x or more) just ignore this price action and think long-term. Such a $10 dollar move in the perspective of 6 months would be insignificant. I think this price have manipulated by some people who do not want bitcoin going to 400.
Otherwise, if you can't stand this volatility of Bitcoin, change to another trading asset.
Meh, I was waiting for a little higher to sell, and I have no funds available to buy. Hold it is.
Holding is the strategy of a lot of people here.
We are long-term bulls.
Big drop in this morning, in coindesk from 379 down to 364.
I think this price have manipulated by some people who do not want bitcoin going to 400.
I think this price have manipulated by some people who do not want bitcoin going to 400.
it's what we consider a normal correction nowadays. i won't be surprised if we see the price back at $380 tomorrow or the day after that. it goes up $20, and it goes down $20. it's very predictable. people make nice profits when they ride these waves.
If it's so predictable then I can assume you put your buy orders in at 360, and your sell orders in at 380 right? because it's just going to bounce from 360 to 380 and back to the end of time right, no risk involved
Big drop in this morning, in coindesk from 379 down to 364.
I think this price have manipulated by some people who do not want bitcoin going to 400.
I think this price have manipulated by some people who do not want bitcoin going to 400.
it's what we consider a normal correction nowadays. i won't be surprised if we see the price back at $380 tomorrow or the day after that. it goes up $20, and it goes down $20. it's very predictable. people make nice profits when they ride these waves.
Big drop in this morning, in coindesk from 379 down to 364.
I think this price have manipulated by some people who do not want bitcoin going to 400.
We'll see more drops like this in the coming week I think this price have manipulated by some people who do not want bitcoin going to 400.
Huge drop this morning from pretty much $380 all the way down to $353 on Bitfinex! All of the rising we did in the last few days was lost in one single sell.
I have no clue who has sold! Is it some big Chinese miner or are we being manipulated once again!
I have no clue who has sold! Is it some big Chinese miner or are we being manipulated once again!
i do not know, but we should be able to touch $400, the current price is $376 so it was very close and I hope it does not break out down before touch $400
the price slowly but sure still climbing i think it would be reach to $400 before christmas but my questions could the price stable if reach to $400I have sold some bitcoin when the price of $367 and before falling to the current price $360 . Are you sure Christmas will affect the price of bitcoin?
It's possible that Christmas could have somewhat of an effect to it but don't think it will be much.
If the value decreasesaround Christmas I might make my way to some exchanges
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