Forget 100k or even 10k. When will it be 800 again?

CEG5952

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Buy and sell bitcoins,

Quote from: MatTheCat on May 19, 2014, 12:02:28 PM

Quote from: djangocoin on May 19, 2014, 11:49:27 AM

The next few days are going to be critical :]

selling pressure will surely win the day until buying pressure is rekindled (at much lower prices).

Bingo!

As much as people like to say China FUD is fading and sell pressure as well, where are the bulls? Why are they so weak? If this weakness in buy pressure continues, sellers will begin to fill the void.

MatTheCat

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Quote from: djangocoin on May 19, 2014, 11:49:27 AM

The next few days are going to be critical :]

Are they?

The long term support line has already been crossed and probably within the next few days, the Jan 6th 2014 resistance line will also have been crossed, with both events having taken place without much ado.

The market is totally dry and what is going to happen is going to happen. If there isn't a glut of buying pressure that has been holding out for lower prices, then selling pressure will surely win the day until buying pressure is rekindled (at much lower prices). Nothing 'critical' about it. It's not like things are hanging by a thread and could really go either way. Things can only go one way. Knowing for sure what that way is, is another matter entirely.

My bet is on another leg down, before consolidation and the beginnings of further meaningful price increases.

djangocoin

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Brave New World

The next few days are going to be critical :]

knightcoin

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Stand on the shoulders of giants

no .. I going to wait for future ... p2p 4999

Bitcoin on Almost Human Sci-fi TV Series
https://www.youtube.com/watch?v=k8LqlMzEe-I

lumierre

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Quote from: Dalmar on May 19, 2014, 08:18:27 AM

Slowest trend line suggests by about September 2015

There's a reason why EMA is popular in technical analysis.

sgbett

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not long then.... and with an EAR of 68% if it does... think I'll hold

Dalmar

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Life is short, practice empathy in your life

The 'slowest' trend line suggests by about September 2015

RandomPedestrianN9

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Quote from: Omikifuse on May 19, 2014, 08:07:03 AM

Now it gives me the feeling that $800 is like hitting $10,000 when BTC was at $1,200. It is more likely to drop!!!

FUD spreader and troll. Dont you know Bitcoins new groundbreaking unheard of technology will revolutionaze the world, free people from slavery and deliver infinite riches to everyone? Why you waste your time on this forum beating a dead horse.

CHOO CHOO!

Omikifuse

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Now it gives me the feeling that $800 is like hitting $10,000 when BTC was at $1,200. It is more likely to drop!!!

roslinpl

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Quote from: bitcoinsrus on May 19, 2014, 02:31:11 AM

I know everyone is talking about 100k or even 10k. I guess if it does start to go up, it probably would not stop (indicating a bull run up). When do you think it would go up to 800. Looks slow and for the upcoming months, rather than a few weeks.

Or will it zoom past 800 (if/when it does) to get to the new ATH?

There is no possibility to tell "when".

For sure - in the future

Perhaps - this year
Maybe - This month!

which I believe the most.

T.Stuart

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One Token to Move Anything Anywhere

Quote from: RandomPedestrianN9 on May 19, 2014, 04:35:12 AM

Dont worry friend, you will see your infinite riches come back in no time!

1000 000 USD by the end of week! TO DA MOON! Who disagrees is FUD spreader and troll.

You are correct, noob.

calmindifference

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Instead of asking when a better question is why it will ever be 800 again.

RandomPedestrianN9

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Dont worry friend, you will see your infinite riches come back in no time!

1000 000 USD by the end of week! TO DA MOON! Who disagrees is FUD spreader and troll.

OnkelPaul

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Quote from: bitcoinsrus on May 19, 2014, 02:31:11 AM

Or will it zoom past 800 (if/when it does) to get to the new ATH?

Yes. My guess is before August, but it's just a guess.

Onkel Paul

bananaControl

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Decentralize All The Things!

Let me guess, you bought at 800 and now you just want to get the fuck out? Wink

Look, no one knows. That's the most correct answer you will get.

bitcoinsrus

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I know everyone is talking about 100k or even 10k. I guess if it does start to go up, it probably would not stop (indicating a bull run up). When do you think it would go up to 800. Looks slow and for the upcoming months, rather than a few weeks.

Or will it zoom past 800 (if/when it does) to get to the new ATH?

Topic: Forget 100k or even 10k. When will it be 800 again? (Read 1496 times)