Well... the asks have practically tripled the amount of bitcoins needed to get to $8... looks bad...
it's a set up
Topic: RALLY! - page 31. (Read 63121 times)
it's a set up
Bitcoin Bulls...
I AM DISAPPOINT.
I AM DISAPPOINT.
+1... it was 3000btc to 7.2!
no doubt Bitcoinica's fault.
Now bids are looking weak...
Well... the asks have practically tripled the amount of bitcoins needed to get to $8... looks bad...
Bitcoin Bulls...
I AM DISAPPOINT.
I AM DISAPPOINT.
Since we broke through $6 two weeks ago, we have been bouncing off of $7.20. You will notice that most of these "bounces down" took us under $6.50... you will also notice that we haven't gone under $6.50 today. We are consolidating closer and closer, the ask wall is a lot bigger now but I'm not scared... Still looking bullish to me.
The last time we headed down from $7.xx, it took us 2 days to fall to support at $6.25.
It's the same size, I think they changed the graph scale again 
Since we broke through $6 two weeks ago, we have been bouncing off of $7.20. You will notice that most of these "bounces down" took us under $6.50... you will also notice that we haven't gone under $6.50 today. We are consolidating closer and closer, the ask wall is a lot bigger now but I'm not scared... Still looking bullish to me.
it's me, i'm the auschwitz nazi guard tower
well rats
sure was fun though
morning folks
sure was fun though
morning folks
I really want it to either crash to $6 or rally to $8... it's so damn boring seeing $6.xx days and days on end.
Ditto.
I really want it to either crash to $6 or rally to $8... it's so damn boring seeing $6.xx days and days on end.
Same, it has been too long. I hope the whale Chodpada mentions will actually arrive.
Had the TV show happened on a weekday or had Bitcoinica had $20k more in reserves or had there not been MLK day today, perhaps we would've had a continuation of the rally to $8. The rally failed with 3k BTC to go to get past $7.2... it was extremely close to materializing.
The whale
I really want it to either crash to $6 or rally to $8... it's so damn boring seeing $6.xx days and days on end.
Same, it has been too long. I hope the whale Chodpada mentions will actually arrive.
I really want it to either crash to $6 or rally to $8... it's so damn boring seeing $6.xx days and days on end.
Yes, that and the T-34s. But your chart analysis was entertaining.
What made you certain? The lack of new money since early in the month?
Yeah, pretty much. That, and my own resistance indicator... No new money plus big resistance = dip.
You guys are spot on as usual. Looking at the 2-week trend on the charts, this was hardly a surprise.
For one brief moment at $7.17/$7.18, I thought we might be on the verge of the breakout. I was ready to open the bomb bay doors.
But we stalled yet again. So rinse and repeat.
Perhaps not next time!
***
Guess you were right... Not like I could open a lower position at bitcoinica now anyway though*****
So im still holding long ***
***
Good call... I dropped 80 BTC from my long above 7, and have multiple opportunities to buy back in for a gain that were denied by the *... lame.
Cool, well thanks for the warning ahead of time, hehe, even if the climb to 7.19 was fun.
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