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Topic: Bitcoin EXACTLY hit support line from previous 'bubble', so $1,000+ in Aug 2015 (Read 1159 times)

hero member
Activity: 742
Merit: 500
Bitcoin EXACTLY hit support line from previous 'bubble'

Details: https://twitter.com/bitpump/status/518443371028054016

If we hold this support line, then Bitcoin $1,000+ in Aug 2015, Q4 2015 big rally,

Details: https://bitcointalksearch.org/topic/bitcoin-1000-in-aug-2015-q4-2015-big-rally-805603
Few weeks/months back we touched/bounced off of a lot of trend lines like the one you draw (yes you can draw all sorts of long term trend lines like the one yours, most of them are pretty arbitrary) and the price just breached ALL OF THEM.

What makes you think that this arbitrary trend line could magically save BTC price right now?
legendary
Activity: 1106
Merit: 1005
Bitcoin EXACTLY hit support line from previous 'bubble'

Details: https://twitter.com/bitpump/status/518443371028054016

If we hold this support line, then Bitcoin $1,000+ in Aug 2015, Q4 2015 big rally,

Details: https://bitcointalksearch.org/topic/bitcoin-1000-in-aug-2015-q4-2015-big-rally-805603

Aug 2015?

That's is really conservative.

You obviously didn't pay attention to the previous cycles. Because slow and steady is not how bitcoin works, especially not when it moves upwards.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
Bitcoin EXACTLY hit support line from previous 'bubble'

Details: https://twitter.com/bitpump/status/518443371028054016

If we hold this support line, then Bitcoin $1,000+ in Aug 2015, Q4 2015 big rally,

Details: https://bitcointalksearch.org/topic/bitcoin-1000-in-aug-2015-q4-2015-big-rally-805603

you are worse than RIIISING who is worse than FALLLING.  that speaks a lot.
full member
Activity: 167
Merit: 101
Bitcoin EXACTLY hit support line from previous 'bubble'

If we hold this support line, then Bitcoin $1,000+ in Aug 2015, Q4 2015 big rally,
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