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Topic: $5 reached! (Read 3442 times)

hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
January 04, 2012, 05:40:07 AM
#39
$5 again!




And Mandark told me its not stopping here.
legendary
Activity: 840
Merit: 1000
January 03, 2012, 02:24:00 PM
#38
Those bullish wedges have been fun.  Grin
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 03, 2012, 02:19:50 PM
#37
This is a normal reaction to a dump.  I don't think it'll go any higher (short term, I think we are stagnating).

We'll be sitting at $5 for a while now.  I predict another bullish wedge forming for continuation of the rally with $6 being reached next week, but not this week.  Possibly Tuesday or Wednesday next week?

A spike is coming in the next few days, but I don't know when, and it won't be a big one.  Get ready for quiet markets once it stabilizes.

legendary
Activity: 840
Merit: 1000
January 03, 2012, 02:15:14 PM
#36
$4.95, almost back to $5. Amusing, it could zig zag up and down for a while, but it is nice to see.

+1 it's going right back up.  Bulls are still in the lead Smiley

Indeed, the bulls may still be in the lead even if it drops quite a bit further. We shall see what unfolds.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
January 03, 2012, 02:12:57 PM
#35
See you guys in the morning after the next dump. Smiley

I usually dump in the mornings, which may have something to do with why I missed this last spike down.  Gonna have to change my gastrointestinal patterns if I really want to make this margin trading thing work out.
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 03, 2012, 02:11:34 PM
#34
See you guys in the morning after the next dump. Smiley
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 03, 2012, 02:09:42 PM
#33
$4.95, almost back to $5. Amusing, it could zig zag up and down for a while, but it is nice to see.

+1 it's going right back up.  Bulls are still in the lead Smiley
legendary
Activity: 840
Merit: 1000
January 03, 2012, 01:10:25 PM
#32
$4.95, almost back to $5. Amusing, it could zig zag up and down for a while, but it is nice to see.
sr. member
Activity: 387
Merit: 250
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 03, 2012, 11:05:21 AM
#30
The price is recovering.  The crash may seem scary to some people, but keep in mind that two sells of 20k BTC would absolutely kill the market in the past, but it's already rebounding now.  I think we will see a full recovery by the end of the day, all the way to $5-5.1.
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
January 03, 2012, 10:49:08 AM
#29
Im sorry to disappoint you all, but this is the official Mandark thread. And he says we going back to $5 now!
legendary
Activity: 1652
Merit: 1128
January 03, 2012, 10:20:21 AM
#28
There is a strong support at $4.8...
We are in a long steady upward trend.


It's been below 4.8 for 30 mins now? (and you posted this 5 minutes ago)

I believe we are in a strong both longterm and midterm trend towards $6.
 

My apologies, I forgot this was the longterm and midterm trend thread.  

Edit:  That came off a little harsher than I meant, was more of a joke/sarcasm. 
hero member
Activity: 523
Merit: 500
January 03, 2012, 10:02:22 AM
#27
There is a strong support at $4.8...
We are in a long steady upward trend.


It's been below 4.8 for 30 mins now? (and you posted this 5 minutes ago)

I believe we are in a strong both longterm and midterm trend towards $6.
 
hero member
Activity: 756
Merit: 500
January 03, 2012, 09:37:11 AM
#26
Yeah, hell even the $4.50 wall looks fake to me.
legendary
Activity: 1652
Merit: 1128
January 03, 2012, 09:35:25 AM
#25
There is a strong support at $4.8...
We are in a long steady upward trend.


It's been below 4.8 for 30 mins now? (and you posted this 5 minutes ago)
hero member
Activity: 523
Merit: 500
January 03, 2012, 09:28:21 AM
#24
There is a strong support at $4.8...
We are in a long steady upward trend.

sr. member
Activity: 387
Merit: 250
January 03, 2012, 09:24:50 AM
#23
I think our next target will be around 3,80-4,20? A correction is long overdue. After that I think we'll start rising again.
I don't think it will go that low. The banks have been closed for 3 days, and the market was rallying strongly the previous week, so I think there's a lot of cash in transit to Mt. Gox right now.  When it arrives, I think we'll head back up over $5, perhaps not today but definitely later this week.

Funny how $0.20 isn't what it used to be.  A rise from $4.80 to $5 is only a 4% increase in price.
hero member
Activity: 686
Merit: 500
Bitbuy
January 03, 2012, 09:14:09 AM
#22
I think our next target will be around 3,80-4,20? A correction is long overdue. After that I think we'll start rising again.
hero member
Activity: 756
Merit: 500
January 03, 2012, 09:14:03 AM
#21

yeah that could happen but i don't think so. that would take one hell of a dump,

Or just a chain reaction of people getting zhoutong'd, panic sellings, and large holders bailing out while they can still get enough to buy a house.
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
January 03, 2012, 09:07:21 AM
#20
10 day RSI is on 30, so its time to go up.  Grin
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