Regardless of how down it will go now.
If in 3 months time it goes up, then I am still not selling now.
I had to get this out of my chest in case whoever is controlling the BTC movement is reading this thread...
it WILL go up eventually...
Regards
Heider
Topic: BTC drop to next level coming...bail the F out now! - page 7. (Read 24659 times)
anxiety is starting to build up, massive sell offs coming.
boredom is starting to build up, which means we're about to break upwards
anxiety is starting to build up, massive sell offs coming.
Well DustyRah...
Volumes are drying up, lines crossed again into the negative and then back out into revive yesterday, don't know why though, could it be that some investors might have had enough and decided to call their BTC off?!
Don't know really, but seeing the price hovering around $650 could indicate that it's the true actual value of what it's worth now, which also means that as the time goes by, if no horrible news comes up, then there is no other way than going up. Well, until of course, another exchange decides to take off with the money like MtGOX
Regards
Heider
Volumes are drying up, lines crossed again into the negative and then back out into revive yesterday, don't know why though, could it be that some investors might have had enough and decided to call their BTC off?!
Don't know really, but seeing the price hovering around $650 could indicate that it's the true actual value of what it's worth now, which also means that as the time goes by, if no horrible news comes up, then there is no other way than going up. Well, until of course, another exchange decides to take off with the money like MtGOX
Regards
Heider
Yes, you are correct. This would be expected given the rise in a short time. BTC would have to keep its own into the 6xx level for a couple weeks or more and we are good to go on a long term basis.
Price broke up out of trend, but it is always easy looking back. What is gonna happen next is unkown, you can not predict it.
You couldn't predict when the down movement would stop you could predict that it would reverse at some point.
What is your point?
That buying at most prices along the downtrend was a wise choice.
Well DustyRah...
Volumes are drying up, lines crossed again into the negative and then back out into revive yesterday, don't know why though, could it be that some investors might have had enough and decided to call their BTC off?!
Don't know really, but seeing the price hovering around $650 could indicate that it's the true actual value of what it's worth now, which also means that as the time goes by, if no horrible news comes up, then there is no other way than going up. Well, until of course, another exchange decides to take off with the money like MtGOX
Regards
Heider
Volumes are drying up, lines crossed again into the negative and then back out into revive yesterday, don't know why though, could it be that some investors might have had enough and decided to call their BTC off?!
Don't know really, but seeing the price hovering around $650 could indicate that it's the true actual value of what it's worth now, which also means that as the time goes by, if no horrible news comes up, then there is no other way than going up. Well, until of course, another exchange decides to take off with the money like MtGOX
Regards
Heider
Looking at the stats,
It was trying to go up now, but there has been a pillar of 1200 BitCoins since early morning (684 BTC remaining now) to be exact placed to sell at $655 which is making it bounce back every time it tries to eat it.
Over the past 3 days I noticed similar activities, I was shocked when I first saw 2400 BTC few days ago.
The volume is increasing at the moment which promises higher value on the run. Again, No one can predict it. But if the the Bid-Sum goes up again, then the price should "in theory" shoot up.
I don't know by saying this, if it would do the exact opposite just because I am posting this (I truly believe it now). I am just explaining what I am seeing, I no longer care about if posting would affect it for future.
I hope this helps.
Cheers,
Heider
It was trying to go up now, but there has been a pillar of 1200 BitCoins since early morning (684 BTC remaining now) to be exact placed to sell at $655 which is making it bounce back every time it tries to eat it.
Over the past 3 days I noticed similar activities, I was shocked when I first saw 2400 BTC few days ago.
The volume is increasing at the moment which promises higher value on the run. Again, No one can predict it. But if the the Bid-Sum goes up again, then the price should "in theory" shoot up.
I don't know by saying this, if it would do the exact opposite just because I am posting this (I truly believe it now). I am just explaining what I am seeing, I no longer care about if posting would affect it for future.
I hope this helps.
Cheers,
Heider
I am not sure its going to cut through that, it appears to be running out of momentum.
The lines have crossed...blah blabbidy blah...watch your a$$ out there plz!
Looking at the stats,
It was trying to go up now, but there has been a pillar of 1200 BitCoins since early morning (684 BTC remaining now) to be exact placed to sell at $655 which is making it bounce back every time it tries to eat it.
Over the past 3 days I noticed similar activities, I was shocked when I first saw 2400 BTC few days ago.
The volume is increasing at the moment which promises higher value on the run. Again, No one can predict it. But if the the Bid-Sum goes up again, then the price should "in theory" shoot up.
I don't know by saying this, if it would do the exact opposite just because I am posting this (I truly believe it now). I am just explaining what I am seeing, I no longer care about if posting would affect it for future.
I hope this helps.
Cheers,
Heider
It was trying to go up now, but there has been a pillar of 1200 BitCoins since early morning (684 BTC remaining now) to be exact placed to sell at $655 which is making it bounce back every time it tries to eat it.
Over the past 3 days I noticed similar activities, I was shocked when I first saw 2400 BTC few days ago.
The volume is increasing at the moment which promises higher value on the run. Again, No one can predict it. But if the the Bid-Sum goes up again, then the price should "in theory" shoot up.
I don't know by saying this, if it would do the exact opposite just because I am posting this (I truly believe it now). I am just explaining what I am seeing, I no longer care about if posting would affect it for future.
I hope this helps.
Cheers,
Heider
Price broke up out of trend, but it is always easy looking back. What is gonna happen next is unkown, you can not predict it.
You couldn't predict when the down movement would stop you could predict that it would reverse at some point.
What is your point?
Price broke up out of trend, but it is always easy looking back. What is gonna happen next is unkown, you can not predict it.
You couldn't predict when the down movement would stop you could predict that it would reverse at some point.
I agree but now are we definetely in the new uptrend or the recent rally is only a dead cat bounce?
Who knows, let's see what will happen and in the meantime hodl
Price broke up out of trend, but it is always easy looking back. What is gonna happen next is unkown, you can not predict it.
You couldn't predict when the down movement would stop you could predict that it would reverse at some point.
Bull market, going up boys.
Boosters depleted...hopefully the regular engine will continue to take us north...
I am done making predictions.
I am not a gambler, I am an observer.
I am not a gambler, I am an observer.
Price broke up out of trend, but it is always easy looking back. What is gonna happen next is unkown, you can not predict it.
This line could have been drawn before, but there are always a 100 more 'patterns' that one could find and that contradict this movement.
So no way, one could have know.
If you base your trades on the news, than you are out of luck too. When the news gets to you, you are already to late.
Its difficult to get a reliable idea based on a straight line as shown in your graph. I suggest getting into indicators using a combination of RSI, CCI, MACD, volume etc. That along with different time periods can give way better indication.
No one can predict this... yes you are absolutely right.
Not that whoever is pushing the price up or down on Bitcoin cares about what I am about to say; but I will say it anyway,
I don't know if this forum is being watched by these people, but this is the second occasion someone (including myself) says this is what's gonna happen, and then within 24 hours, it goes the complete opposite, I mean really opposite.
Yes, some might say, it could be no idea what talking about, or talking from the back-side etc. But, ...
Three days ago, and without mentioning people on this forum, with a private agreement between some certain members here, I have decided to post a statement that saying "Definitely going down, I'm buying at a $100 less etc"...
After being slow and steady for about a month taking slow inc/decrements before posting my above message, in all honesty; in my life.... I've never seen the following previously whatsoever:
1) The asking sum trend turning 90 Degrees down, and FAST, (I could not believe it)... 90 degrees, this was on 30/05/2014 10:00:00 asking sum was 17.5K BTC down to 12.8K BTC.
2) The Bidding sum trned went up 90 degrees in the same speed, same time, from 11.6Million USD, into 12.7m USD.
I've never seen this in my life before, and now truly think that whatever we predict on the forum here gone the opposite just at the time we predicted it, not sure if this is a coincidence, but I now believe that there is something there (Big brother is watching)...
Also, to mention, the more people putting more coins on a certain USD number generating more volume, then it would drive the price up or down.
So, I'm gonna save my egg face, and no longer "predict" here and agree with the rest that no one can predict this.
Regards
Heider
Not that whoever is pushing the price up or down on Bitcoin cares about what I am about to say; but I will say it anyway,
I don't know if this forum is being watched by these people, but this is the second occasion someone (including myself) says this is what's gonna happen, and then within 24 hours, it goes the complete opposite, I mean really opposite.
Yes, some might say, it could be no idea what talking about, or talking from the back-side etc. But, ...
Three days ago, and without mentioning people on this forum, with a private agreement between some certain members here, I have decided to post a statement that saying "Definitely going down, I'm buying at a $100 less etc"...
After being slow and steady for about a month taking slow inc/decrements before posting my above message, in all honesty; in my life.... I've never seen the following previously whatsoever:
1) The asking sum trend turning 90 Degrees down, and FAST, (I could not believe it)... 90 degrees, this was on 30/05/2014 10:00:00 asking sum was 17.5K BTC down to 12.8K BTC.
2) The Bidding sum trned went up 90 degrees in the same speed, same time, from 11.6Million USD, into 12.7m USD.
I've never seen this in my life before, and now truly think that whatever we predict on the forum here gone the opposite just at the time we predicted it, not sure if this is a coincidence, but I now believe that there is something there (Big brother is watching)...
Also, to mention, the more people putting more coins on a certain USD number generating more volume, then it would drive the price up or down.
So, I'm gonna save my egg face, and no longer "predict" here and agree with the rest that no one can predict this.
Regards
Heider
Price broke up out of trend, but it is always easy looking back. What is gonna happen next is unkown, you can not predict it.
This line could have been drawn before, but there are always a 100 more 'patterns' that one could find and that contradict this movement.
So no way, one could have know.
If you base your trades on the news, than you are out of luck too. When the news gets to you, you are already to late.
I am a long term bear, but I must say that I feel a big drop coming.
This recent rally was a laugh, and I knew it would not be long before it would test the $300's lows.
Everything is ripe for a big drop. The rally failed and the big reason is volume has dried up as the price continues to fall.
People still do not realize that bitcoin has rose too fast and should not be priced at these levels especially without the Chinese not being able to use it to launder money.
My feeling is that we will be in the $200's shortly.
This recent rally was a laugh, and I knew it would not be long before it would test the $300's lows.
Everything is ripe for a big drop. The rally failed and the big reason is volume has dried up as the price continues to fall.
People still do not realize that bitcoin has rose too fast and should not be priced at these levels especially without the Chinese not being able to use it to launder money.
My feeling is that we will be in the $200's shortly.
I see you've got it all figured out. Well done.
LOL im glad you saw that test of the 300s coming! oh wait it never happened? imagine that...if we see 200s ill sell my cars for coins.
I am a long term bear, but I must say that I feel a big drop coming.
This recent rally was a laugh, and I knew it would not be long before it would test the $300's lows.
Everything is ripe for a big drop. The rally failed and the big reason is volume has dried up as the price continues to fall.
People still do not realize that bitcoin has rose too fast and should not be priced at these levels especially without the Chinese not being able to use it to launder money.
My feeling is that we will be in the $200's shortly.
This recent rally was a laugh, and I knew it would not be long before it would test the $300's lows.
Everything is ripe for a big drop. The rally failed and the big reason is volume has dried up as the price continues to fall.
People still do not realize that bitcoin has rose too fast and should not be priced at these levels especially without the Chinese not being able to use it to launder money.
My feeling is that we will be in the $200's shortly.
I see you've got it all figured out. Well done.
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