Go long & HODL strong and you will learn the ways of teh bitcoin...
Topic: Do you still trust this rally? - page 4. (Read 3466 times)
Teasing $590 again and you really think the rally is losing its steam? Lol, just be patient.
Go long & HODL strong and you will learn the ways of teh bitcoin...
Go long & HODL strong and you will learn the ways of teh bitcoin...
haha BTC sky rocketing!!
It's going to da moon,
and those who shorting will lose all money~
It's going to da moon,
and those who shorting will lose all money~
No fool's gold on this train, folks. We're on our way to salvation.
Some people's patience
Just relax. The price has gone up considerably in the recent weeks. Let the market and the traders have some time to take a breathe and calm down.
Definitely not dropping back to $400s lol. I think in the worst case scenario we'd be seeing low $500s if there was a massive dump, but a smart whale wouldn't force the price down like that. Just slowly leak the coins into the market...
Why not? It's only been over 500 for a very short period of time. People seem to have some short memories.
It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
The pumpers have stopped pumping for sure, for now at least, and no trader worth his salt is gonna go long Bitcoin right here, after such a parabolic move with so many technical reasons to be hunting reversals as opposed to continuations and actually, if a trader who worked for a financial institution went long Bitcoin right now, they would be putting their job on the line......so that leaves 'the public'.
I seriously doubt a pullback to $400 range anytime soon. $540(ish) would be a logical support level.
I doubt the pump is done quite yet, but I also doubt the exorbitant targets that are frequently touted on this place.
I trust. rally go to $3000 before pop.
It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
unable to break $600 so we drop back to $400?
i fail to see the logic in that.
Just because we can't break $600 today doesn't mean we break through support.
It would be surprising if we even drop below $560, we won't get anywhere near $400, not even $499
But $560 seems like a more reasonable wall, so I think you have the far better analysis.
It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
unable to break $600 so we drop back to $400?
i fail to see the logic in that.
Just because we can't break $600 today doesn't mean we break through support.
It would be surprising if we even drop below $560, we won't get anywhere near $400, not even $499
I trust the block reward halving. That's enough information for me to hold on to my coins.
Just be happy we even have a rally to start with lol.
But it would be insightful on where these new orders are coming from if this was ever possible.
If hits $900 next year, that would start a momentum for new buyers.
But it would be insightful on where these new orders are coming from if this was ever possible.
If hits $900 next year, that would start a momentum for new buyers.
It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
I can concur with this statement evidenced by the decrease in volume and decrease in acceleration in comparison to 5/26 during the start of the rally.
That's very healthy ! A rally on little volume is really probably a bear trap. There we've got the first leg on good volume showing strong buying pressure and then a consolidation on lower volume which is really normal.
It is what it is. I agree that some Chinese whale could crash this, but I think there's just too much hype about the halving. I think we'll see $600 soon. It's crazy, I wasn't expecting this.
It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
I can concur with this statement evidenced by the decrease in volume and decrease in acceleration in comparison to 5/26 during the start of the rally.
Some whale in China will decide to take profits, make a large sale, and trigger the dump. No one knows which trade causes this, not even the whale.
It might be 6 months, or it might be 6 minutes.
I doubt this rally makes it to $900 USD.
It might be 6 months, or it might be 6 minutes.
I doubt this rally makes it to $900 USD.
There are still around 36 days before we see the block halving takes place. I think it will remain at the prices $560-$595 till we are only 5 or 6 days away from the halving. We need a bit more patience.
Not out of steam, OP, just coiling, like a cobra. Getting ready to strike 
It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
No fucking way
It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
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