Topic: It's looking a bit bearish right now (Read 4337 times)
i was born as Russian bear
Good thing I held onto my shorts. Last night I was thinking hard about liquidating at 7.19 and going long. Glad I didn't do that!
me too
oh you
Good thing I held onto my shorts. Last night I was thinking hard about liquidating at 7.19 and going long. Glad I didn't do that!
me too
I don't know - I made good money on this rally - but it's getting hot now. Once started the deleveraging can be fast.
Only 22k bearish BTC left below $7.20...
Edit 20k
Edit 20k
10k
edit: 20k hehe
bah!
no volume
put up or shut up
no volume
put up or shut up
My coins aren't on the orderbook my friend and I doubt the big guys are either.
You guys are asking for trouble.
Looks like someone tried unsuccessfully to end the rally with a 650BTC dump. Either that or they clicked the wrong button cuz its hard to tell visually if you are buying or selling on the new mtgox layout. Would be an expensive mistake.
Use classic.mtgox.com, it's so much clearer. The new GUI is full of fail.agree
That all you got bears?
Yeah i prefer the old one. Side by side is much harder to screw up. Still could have been someones mistake.
Looks like someone tried unsuccessfully to end the rally with a 650BTC dump. Either that or they clicked the wrong button cuz its hard to tell visually if you are buying or selling on the new mtgox layout. Would be an expensive mistake.
Use classic.mtgox.com, it's so much clearer. The new GUI is full of fail.
Looks like someone tried unsuccessfully to end the rally with a 650BTC dump. Either that or they clicked the wrong button cuz its hard to tell visually if you are buying or selling on the new mtgox layout. Would be an expensive mistake.
Only 13k below $7.20
New high for the day $7.08
New high for the day $7.08
how long you ppl will tank the asterisk on 7 ? 
the top is reached, when bulls will liquidate their position bazinga
the top is reached, when bulls will liquidate their position bazinga
hi Sheldon
I'm about to liquidate 
It is in the short-term interest of every bitcoin speculator to trigger a huge bubble. Everyone knows that everyone thinks this so it is tempered, they are just waiting for someone with a lot of capital to make clear a promise to back it. Most people will chose this path even if they realize this person gets to short on them later because they think they can time it.
I speculate that irregular sells are creating resistance, and is coming from bitcoin-based businesses that are selling their bitcoins to fund their businesses, and from miners and speculators actually spending their coins, which are then being redeemed on the exchanges. The latter is supported by the transaction history, showing that actual bitcoin usage (not just speculation) is picking up.
I was bearish until the big buys yesterday to $6.90, which turned me bullish again, but I think the rise will be slower than past rallies.
I see triangles... and they be ascendin'!
Yes it is, i initially thought of a correction to 5.5 before resuming the uptrend, the up volume is now good again , good chance to break 7.2 IMO 
I see triangles... and they be ascendin'!
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