Topic: Genuine rise in price, or bull trap? (Read 1645 times)
I'm usually wrong, so I'll call it a bulltrap. I really think that it is one, but not a big one.
>bitcoin
>genuine rise in price
Oh_you.gif
>genuine rise in price
Oh_you.gif
What it looks like right now, is rebuilding a $200 support level, will probably saunter downward and tamp it down a few times before wandering off upward again...
Everybody now,
I love to go a wandering along the mountain track....
Everybody now,
I love to go a wandering along the mountain track....
Hard to judge.
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
Exactly, it's hard to judge. I don't know, I gotta say the volume on Jan 14th was finally high enough to justify a real bottom, but it's nothing definite, that's for sure. I think we'll be wiser in a couple weeks.
Hard to judge.
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
Bllue tarp!!!!
Hard to judge.
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
what if i tell you that the 1k price, was a dead cat bounce too?
And the next spike of $8K will be dead cat bounce too
As Warren Buffet already confirmed, bitcoin is a poison that makes dead cats zombies so they keep bouncing eternally
Hard to judge.
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.
Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.
Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
what if i tell you that the 1k price, was a dead cat bounce too?
exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
mistakes? Experts in trading are right about 60% of the time. No one knows what the market will do.
or maybe the goxxed 800k suddenly appearing and sold in the market.
You know those coins don't exist, right?
Trading is a zero sum game... Wouldn't be possible for majority of pro traders to be right 80% of the time,
as they are all trying to take money from each other. This is why trading is so difficult: you are trying
to take money away from very smart people.
as they are all trying to take money from each other. This is why trading is so difficult: you are trying
to take money away from very smart people.
It is easier with bitcoin.
You try to take away money from dumb people.
Stocks are harder to trade.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
mistakes? Experts in trading are right about 60% of the time. No one knows what the market will do.
so they're wrong 40% of the time? wow. i thought they're right at like 75% - 80% of the time.
Trading is a zero sum game... Wouldn't be possible for majority of pro traders to be right 80% of the time,
as they are all trying to take money from each other. This is why trading is so difficult: you are trying
to take money away from very smart people.
Blurted unfortunately. The rise looks like a standard corrective move upwards (as an A-B-C).
Hopefully the drop that will follow will be the last one and shouldn't go that much lower than the previous low of $150. I'm guessing $130, but that's pure speculation.
Hopefully the drop that will follow will be the last one and shouldn't go that much lower than the previous low of $150. I'm guessing $130, but that's pure speculation.
I'm thinking the same. Possibly flash under $100 on some exchanges.
I think I agree with the people who are suggesting this is the bouncing period and we will see a little lower in the next few days.
Blurted unfortunately. The rise looks like a standard corrective move upwards (as an A-B-C).
Hopefully the drop that will follow will be the last one and shouldn't go that much lower than the previous low of $150. I'm guessing $130, but that's pure speculation.
Hopefully the drop that will follow will be the last one and shouldn't go that much lower than the previous low of $150. I'm guessing $130, but that's pure speculation.
I'm afraid the price is unpredictable, it's like a roller coaster but with undefined rails.
Yeah, and reading posts in this forum is of no help. Entertaining, maybe. 
exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
mistakes? Experts in trading are right about 60% of the time. No one knows what the market will do.
or maybe the goxxed 800k suddenly appearing and sold in the market.
exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
mistakes? Experts in trading are right about 60% of the time. No one knows what the market will do.
so they're wrong 40% of the time? wow. i thought they're right at like 75% - 80% of the time.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
mistakes? Experts in trading are right about 60% of the time. No one knows what the market will do.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
mistakes? Experts in trading are right about 60% of the time. No one knows what the market will do.
Genuine rise to maybe low 300s, then small drop to maybe 300/mid 200s, then huge increase to 500 after the btc conferences, and during Superbowl weekend.
I base that off absolutely nothing, no need to pretend I can tell the world from a chart like everyone else
I base that off absolutely nothing, no need to pretend I can tell the world from a chart like everyone else
exactly... whatever anyone says, the market will do what it'll do. even market experts make mistakes.
buy, sell or whatever, just keep losses small.
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