Author

Topic: Once we break October high... (Read 1667 times)

legendary
Activity: 1168
Merit: 1000
October 29, 2013, 09:11:07 PM
#7
legendary
Activity: 1064
Merit: 1001
October 29, 2013, 06:56:04 PM
#6
So far Goxians are fighting with 215 mark, which is opposing some resistance. But shall be down soon. Afterwards, 233 is the new conquest they have to make.

Meanwhile, Bitstampians are rebounding to 202-203, struggling to kill 206.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
October 29, 2013, 06:52:30 PM
#5
People thought the massive rally to 233 was over the moment we went down to 170, but less than 2 weeks later, we're looking at hitting it again any time soon!

What do you think will happen to confidence once we break through the 233 October high?

Confidence amongst who? Confidence in Bitcoin amongst the Bitcoin cultists is indefatigable.

It's not confidence. A schizophrenic suffering from positive symptoms might see himself as confident, but from the outside it looks like delusion.
hero member
Activity: 487
Merit: 500
Are You Shpongled?
October 28, 2013, 09:32:29 PM
#4
People thought the massive rally to 233 was over the moment we went down to 170, but less than 2 weeks later, we're looking at hitting it again any time soon!

What do you think will happen to confidence once we break through the 233 October high?
The price needs to hold above 200 to instill confidence that it isn't just another bubble. News outlets will pick up on the price increase when that happens which may lead to more confidence from the public.
sr. member
Activity: 336
Merit: 250
October 27, 2013, 08:25:06 PM
#3
People thought the massive rally to 233 was over the moment we went down to 170, but less than 2 weeks later, we're looking at hitting it again any time soon!

What do you think will happen to confidence once we break through the 233 October high?

Confidence amongst who? Confidence in Bitcoin amongst the Bitcoin cultists is indefatigable.
legendary
Activity: 2156
Merit: 1070
October 27, 2013, 08:24:21 PM
#2
People thought the massive rally to 233 was over the moment we went down to 170, but less than 2 weeks later, we're looking at hitting it again any time soon!

What do you think will happen to confidence once we break through the 233 October high?

It think 233 is going to be A LOT of resistance. I predict if we continue to go up we might consolidate just below there for a while - like well into the holidays.

If we break 233, then the 266s are going to be A LOT of resistance too. We will probably bounce around that figure for a long time.

I would not expect us to break above 266 before mid December or into the new year. If we do, we are probably headed for another sizeable dip.
hero member
Activity: 504
Merit: 500
October 27, 2013, 08:19:38 PM
#1
People thought the massive rally to 233 was over the moment we went down to 170, but less than 2 weeks later, we're looking at hitting it again any time soon!

What do you think will happen to confidence once we break through the 233 October high?
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