or may be final dump before a massive pump
what if someday you wakeup and see bitcoin over 1200$
i m expecting something like this
Topic: Just another bulltrap? - page 2. (Read 3026 times)
If the market won't be able to build the first sub-wave of wave 1, then the alternative is to go down one more time.
As for the volume of such a down move, if it happens, it could be huge.
As for the volume of such a down move, if it happens, it could be huge.
Too many people saying the bottom is in and doing victory laps.
If we don't break 350, and stay above it for longer than a week with RISING volume, then we'll likely slump back down as short terms traders close long positions and take profits again. Wouldn't be surprised at all if we were back down to ~300 two weeks from now.
And what's to stop the whales to short AGAIN once we hit 600 again?
Also, people disregarding the bad market sentiment that has been created over the last 10 months, as well as the last 24 hrs, are completely delusional. Joe Public is not touching bitcoin for a VERY long time, and I wouldn't blame them. It could take upwards of 24+ months to see another ATH again.
If we don't break 350, and stay above it for longer than a week with RISING volume, then we'll likely slump back down as short terms traders close long positions and take profits again. Wouldn't be surprised at all if we were back down to ~300 two weeks from now.
And what's to stop the whales to short AGAIN once we hit 600 again?
Also, people disregarding the bad market sentiment that has been created over the last 10 months, as well as the last 24 hrs, are completely delusional. Joe Public is not touching bitcoin for a VERY long time, and I wouldn't blame them. It could take upwards of 24+ months to see another ATH again.
I expect the pattern from April 2014 to repeat. Major low (275) followed by a +60% pump and then sideways.
Momentum allready dead. It looks more and more like we are in a bulltrap / deadcatbounce.
Can some experts like Falling concur?
Can some experts like Falling concur?
Possible, but the volume was already higher than 750K. Some low has to be the bottom. If that wasn't it, what volume is to be expected at the real one?
Momentum allready dead. It looks more and more like we are in a bulltrap / deadcatbounce.
Can some experts like Falling concur?
Can some experts like Falling concur?
LOLOLOL
I would think so.
Disclaimer: I'm new to this.
Disclaimer: I'm new to this.
Momentum allready dead. It looks more and more like we are in a bulltrap / deadcatbounce.
Can some experts like Falling concur?
Can some experts like Falling concur?
Jump to: