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Topic: Bitcoin just broke the 2012 long term support trend line. - page 2. (Read 1758 times)

hero member
Activity: 521
Merit: 500
A small going down below the line indicates nothing. Its not a rigid line drawn by the laws of nature, only a statistical line.

It will bounce up nicely, but will take several months to get in a bull market.
sr. member
Activity: 280
Merit: 250
Relax!
Ha, that's some interesting lines you drew right there! But on the other hand this means that we are about to bounce back and start another bull-run to a new ATH! I for one can't wait to see the moon. We will see four digits, but will probably never see two digits ever again!
legendary
Activity: 1176
Merit: 1000
Let's see Smiley
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
Are we f***ed now?   Cry
sr. member
Activity: 378
Merit: 250
what does that mean for price?

freefall (if holds)
legendary
Activity: 2212
Merit: 1008
looks like its done it a couple other times.... right before skyrocketting.
newbie
Activity: 1
Merit: 0
what does that mean for price?
sr. member
Activity: 378
Merit: 250
hero member
Activity: 742
Merit: 500
Posted on the Wall Observer thread, but it's pretty important so I will open a new thread.


Bitcoin is breaking the 2012 long term logarithmic support trend line. You can draw it a little bit differently depending on where you put the points but all of them are being tested:









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