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Topic: Morecoin analysis [bitcoin/USD market observations] - page 17. (Read 47517 times)

legendary
Activity: 2097
Merit: 1070
Good luck to everybody! Lets hope for a MEGARALLY!!  Cheesy`

New bottom now in at $214, this is surely the cheapest price anyone will ever pay for a Bitcoin ever again.
newbie
Activity: 56
Merit: 0
Good luck to everybody! Lets hope for a MEGARALLY!!  Cheesy`
legendary
Activity: 896
Merit: 1000
bottom or not, i bought today at around $220 which seems like a very good price if you ask me. can't see it going below $200 as buy support looks strong.
legendary
Activity: 2097
Merit: 1070
Here we are again with the "we reach the bottom"
how many times did we reach the bottom? Smiley

quite a few times but this is it guys the real bottom !!!

Of course it is  Roll Eyes
legendary
Activity: 1218
Merit: 1000
Here we are again with the "we reach the bottom"
how many times did we reach the bottom? Smiley

quite a few times but this is it guys the real bottom !!!
hero member
Activity: 602
Merit: 500
Here we are again with the "we reach the bottom"
how many times did we reach the bottom? Smiley
hero member
Activity: 742
Merit: 500
Very far from the bottom IMHO  Wink


And by "bottom" I mean a flash crash event that is gonna trigger a short term long opportunity (pumps for a few months, like $340, $275, $150) for the ones inclined, whether it will give rise to a more sustainable rally or crash again after a few months is another story.

This needs to go to 100s or double digits first. My personal target is $75-$85, but we'll know the bottom when we get there  Wink


If by "bottom" you simply mean that it will pump for a few days/one or two weeks before the next plunge, that's possible, but it's not my thing to play these little movements  Tongue


we might see some panic selling shortly, if not then this is the bottom.

the next 24 hours really are critical

My stupid chart (based on onchain volume vs exchange rate) says you and OP are spot on (with a possible short dip in the high 100s). Yet the high volume for a bottom isn't there, and our brightest EW chartists are bearish.

 Huh
Can I take a look?  Grin
legendary
Activity: 2097
Merit: 1070
We are nowhere near 'the bottom'  Grin
hero member
Activity: 728
Merit: 500
we might see some panic selling shortly, if not then this is the bottom.

the next 24 hours really are critical

My stupid chart (based on onchain volume vs exchange rate) says you and OP are spot on (with a possible short dip in the high 100s). Yet the high volume for a bottom isn't there, and our brightest EW chartists are bearish.

 Huh
hero member
Activity: 574
Merit: 506
we might see some panic selling shortly, if not then this is the bottom.

the next 24 hours really are critical

Adam, guy with your experience already knows, that bottom (or top) never happens on miniscule volume. So this is not bottom, unless we see massive buy impulse.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
we might see some panic selling shortly, if not then this is the bottom.

the next 24 hours really are critical
legendary
Activity: 1176
Merit: 1000
We're very far from the real bottom, $215 is at best good for a $15-20 dead cat bounce imo. I personally think the real bottom will be reached somewhere within 2 months from now between $80 and $160. $130 looks like a pretty safe bet to me, I am planning to close my short around there and buy a lot of coins (no margin) for the long term.

You can plan to close your short when you want. But if the price rises then you will close it when the market decides Smiley

I use proper risk management of course, but the price is very unlikely to rise up to the point where I would close my short. If it does happen I won't complain, as I'm still holding most of my coins untouched in cold storage. My short is working quite well as a hedge for me. Smiley

Nice one. Smiley
newbie
Activity: 42
Merit: 0
Agreed! This could be the bottom and startingpoint of a megarally.

It could be, but it's not Sad
legendary
Activity: 1246
Merit: 1000
We're very far from the real bottom, $215 is at best good for a $15-20 dead cat bounce imo. I personally think the real bottom will be reached somewhere within 2 months from now between $80 and $160. $130 looks like a pretty safe bet to me, I am planning to close my short around there and buy a lot of coins (no margin) for the long term.

You can plan to close your short when you want. But if the price rises then you will close it when the market decides Smiley

I use proper risk management of course, but the price is very unlikely to rise up to the point where I would close my short. If it does happen I won't complain, as I'm still holding most of my coins untouched in cold storage. My short is working quite well as a hedge for me. Smiley
full member
Activity: 154
Merit: 100
how much did u bought till now?
sr. member
Activity: 490
Merit: 250
The bottom is more like in $150. The price will fall in the following days, you should just wait a couple day until the price hits bottom. The price is in downtrend at the moment and will probably go down.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Pah. We'll see where we're at in 2020. Until then it's all day to day noise. I'll start to sweat when every last big gun tried and failed to get things rolling and then slunk away.
legendary
Activity: 1176
Merit: 1000
We're very far from the real bottom, $215 is at best good for a $15-20 dead cat bounce imo. I personally think the real bottom will be reached somewhere within 2 months from now between $80 and $160. $130 looks like a pretty safe bet to me, I am planning to close my short around there and buy a lot of coins (no margin) for the long term.

You can plan to close your short when you want. But if the price rises then you will close it when the market decides Smiley
sr. member
Activity: 756
Merit: 250
There will be no bottom in 2015. BTC is falling and falling and falling.  You were all trapped by bulltards ( except RyNinDaCleM he was bearish all the time and is smart )
legendary
Activity: 1246
Merit: 1000
We're very far from the real bottom, $215 is at best good for a $15-20 dead cat bounce imo. I personally think the real bottom will be reached somewhere within 2 months from now between $80 and $160. $130 looks like a pretty safe bet to me, I am planning to close my short around there and buy a lot of coins (no margin) for the long term.
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