Pages:
Author

Topic: Oversold? Nah... It's a dead cat bounce.. - page 2. (Read 2768 times)

sr. member
Activity: 434
Merit: 250
Switch to logarithmic chart.



We'll see.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
I'll just leave this here.

Quick update on proceedings. When will the trend be broken? The price seems unaffected by what is happening in the world instead just gradually deflates. The profit takers certainly are hard at work and make good use of it.


Any top blue "trendline" just got broken through pretty decisively.

Cogitate on that. Cats have nine lives.

How it did not cross the 100 point and now back to 95.  To cross the trendline it would have needed to hit ~105 per date location.

Because the line is a joke and doesn't go anywhere near $105 if the downtrend was to hold.



Sorry, on pretty much any downtrend channel you can draw, we broke through.

EDIT: You can see I drew the lines to make any downtrend channel as fair as possible.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
I'll just leave this here.

Quick update on proceedings. When will the trend be broken? The price seems unaffected by what is happening in the world instead just gradually deflates. The profit takers certainly are hard at work and make good use of it.


Any top blue "trendline" just got broken through pretty decisively.

Cogitate on that. Cats have nine lives.
legendary
Activity: 1834
Merit: 1019
hahahah fuck you this is making me rich. cat is made out of flubber!!!

+1  Cheesy
full member
Activity: 205
Merit: 100
forget the graph, btc was artificially low for years. how you gonna compare a 2011 fundamentals with those of 2013 that are orders of magnitude more complicated, you you gonna look at a graph and say all that matters is the graph when its really the fundamentals of gox having issues with wires, answer is you're not
legendary
Activity: 1834
Merit: 1019
when bitcoin was crashing in 2011 i thought bitcoin was over
sr. member
Activity: 434
Merit: 250
I'll just leave this here.

Quick update on proceedings. When will the trend be broken? The price seems unaffected by what is happening in the world instead just gradually deflates. The profit takers certainly are hard at work and make good use of it.

full member
Activity: 224
Merit: 100
Wait and see.
Pages:
Jump to: