Price down to 1.25 - How low will it go? - page 4.

rpietila

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Activity: 1722

Merit: 1036

Quote from: Peter Lambert on March 28, 2013, 10:12:41 PM

Quote from: Peter Lambert on March 28, 2013, 11:01:57 AM

Quote from: rpietila on March 28, 2013, 10:20:52 AM

I think the buyers will take the opportunity to buy at this stage. We could see a mini-runup to about 11-12 during the weekend, even higher, as the sellers cannot easily respond due to the bank holiday.

Smashing the supposed support of 10 for good, will not take more than 1-2 weeks, imo. It will offer an ultimate resistance to the price during any subsequent dead cat bounces later down the road.

Looking at the past few price changes, I think we might see a spike back to 13 just before the price drops below 10.

See that? Do you see that? The price just spiked up to 13.3, just like I said it would! Am I amazing or what?

Yeah, you are so amazing. Although it was particular to the big one. In other exchanges 13 wasn't breached, and it didn't give support anyway. Now we are back to 11, because the cold-blooded panic sellers have again taken the upper ground. My asks were filled and I am happy.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: Peter Lambert on March 28, 2013, 11:01:57 AM

Quote from: rpietila on March 28, 2013, 10:20:52 AM

Quote from: Peter Lambert on March 28, 2013, 10:00:53 AM

Down we go some more, we hit 10.5 today. Those single digits are just calling to us, who wants to push the price down that last little bit?

I think the buyers will take the opportunity to buy at this stage. We could see a mini-runup to about 11-12 during the weekend, even higher, as the sellers cannot easily respond due to the bank holiday.

Smashing the supposed support of 10 for good, will not take more than 1-2 weeks, imo. It will offer an ultimate resistance to the price during any subsequent dead cat bounces later down the road.

Looking at the past few price changes, I think we might see a spike back to 13 just before the price drops below 10.

See that? Do you see that? The price just spiked up to 13.3, just like I said it would! Am I amazing or what?

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: oakpacific on March 28, 2013, 11:03:23 AM

Quote from: Peter Lambert on March 28, 2013, 11:01:57 AM

Quote from: rpietila on March 28, 2013, 10:20:52 AM

Quote from: Peter Lambert on March 28, 2013, 10:00:53 AM

Down we go some more, we hit 10.5 today. Those single digits are just calling to us, who wants to push the price down that last little bit?

I think the buyers will take the opportunity to buy at this stage. We could see a mini-runup to about 11-12 during the weekend, even higher, as the sellers cannot easily respond due to the bank holiday.

Smashing the supposed support of 10 for good, will not take more than 1-2 weeks, imo. It will offer an ultimate resistance to the price during any subsequent dead cat bounces later down the road.

Looking at the past few price changes, I think we might see a spike back to 13 just before the price drops below 10.

I am gonna panic sell this "dead cat bounce".

The cold-blooded panic selling is always a prudent choice of action in this market. I would say the rally stalls at 12 maximum though. I have sells spread out in the range of 11-12 based on this idea.

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: Peter Lambert on March 28, 2013, 11:01:57 AM

Quote from: rpietila on March 28, 2013, 10:20:52 AM

Quote from: Peter Lambert on March 28, 2013, 10:00:53 AM

Down we go some more, we hit 10.5 today. Those single digits are just calling to us, who wants to push the price down that last little bit?

I think the buyers will take the opportunity to buy at this stage. We could see a mini-runup to about 11-12 during the weekend, even higher, as the sellers cannot easily respond due to the bank holiday.

Smashing the supposed support of 10 for good, will not take more than 1-2 weeks, imo. It will offer an ultimate resistance to the price during any subsequent dead cat bounces later down the road.

Looking at the past few price changes, I think we might see a spike back to 13 just before the price drops below 10.

I am gonna panic sell this "dead cat bounce".

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: rpietila on March 28, 2013, 10:20:52 AM

Quote from: Peter Lambert on March 28, 2013, 10:00:53 AM

Down we go some more, we hit 10.5 today. Those single digits are just calling to us, who wants to push the price down that last little bit?

I think the buyers will take the opportunity to buy at this stage. We could see a mini-runup to about 11-12 during the weekend, even higher, as the sellers cannot easily respond due to the bank holiday.

Smashing the supposed support of 10 for good, will not take more than 1-2 weeks, imo. It will offer an ultimate resistance to the price during any subsequent dead cat bounces later down the road.

Looking at the past few price changes, I think we might see a spike back to 13 just before the price drops below 10.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: Peter Lambert on March 28, 2013, 10:00:53 AM

Down we go some more, we hit 10.5 today. Those single digits are just calling to us, who wants to push the price down that last little bit?

I think the buyers will take the opportunity to buy at this stage. We could see a mini-runup to about 11-12 during the weekend, even higher, as the sellers cannot easily respond due to the bank holiday.

Smashing the supposed support of 10 for good, will not take more than 1-2 weeks, imo. It will offer an ultimate resistance to the price during any subsequent dead cat bounces later down the road.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Down we go some more, we hit 10.5 today. Those single digits are just calling to us, who wants to push the price down that last little bit?

oakpacific

hero member

Activity: 784

Merit: 1000

OMG, USD COMES BACK!! Shocked

A rally to 14.4, with a volume of 150000, BUY! BUY! BUY!

Sage

hero member

Activity: 632

Merit: 500

The price will settle at it's true value before the Bitcoin fear driven spike. (About where it was trading before the spike).

The spike was never driven by fundamentals... only by fear.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: oakpacific on March 21, 2013, 11:08:01 PM

10 has never been breached before, should offer a massive support.

My gut tells me that we will go to 3.5'ish after which the selloff abates, following by a dead cat bounce to about 8. That will be a brilliant selling opportunity. (Of course now is even better)

oakpacific

hero member

Activity: 784

Merit: 1000