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Topic: The bears are losing their grip - page 2. (Read 6487 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
February 27, 2015, 07:46:13 PM
#61
I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks. Cool

I think the Bears have had their day(s), and the Huge Rally is finally starting to form.  Smiley
sr. member
Activity: 448
Merit: 250
February 27, 2015, 03:42:35 PM
#60
hero member
Activity: 728
Merit: 500
February 27, 2015, 03:42:05 PM
#59
The dynamic of this forum has certainly changed in the last couple of weeks. We've gone from "RIP Bitcoin" to hopeful threads in the blink of an eye.
These are still uncertain times, but the picture is starting to look better Smiley

Every prior harbinger of BTC's "imminent death" has been proven wrong.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
February 27, 2015, 03:24:56 PM
#58
Well the market has turned, smart money enters the market
hero member
Activity: 490
Merit: 500
February 27, 2015, 12:09:34 PM
#57
The dynamic of this forum has certainly changed in the last couple of weeks. We've gone from "RIP Bitcoin" to hopeful threads in the blink of an eye.
These are still uncertain times, but the picture is starting to look better Smiley
8up
hero member
Activity: 618
Merit: 500
February 27, 2015, 08:46:15 AM
#56
How's life going bears? Still hanging on to that short? Grin

No shorts, but still bearish longer than a few weeks  Cool
At 360, I'll be that guy swimming against the current  Grin

Well betting on 360 seems too obvious to me, that's where the price will meet the long term downtrend since Dec 2013. You won't be swimming against the current then because there are many others betting on that one. I think this upswing will last longer than a few weeks, a few months at least with a big fight at 360 and a top above 400. Then I will be the one swimming against the current. Tongue

This is interesting. My main scenario is reaching $350 (to 360) and after that revisting current price level (~$220) for some more 2012 price (hovering) action. Then slow and steady rise.

But there is also a chance, that the resistance at $360 is not as strong as most of us think (see LIN vs. LOG charts). It will be fascinating to watch.

Still would love to see $120 - but chances are getting smaller every day. Maybe a flash crash while hovering around $220? We will see.
legendary
Activity: 1246
Merit: 1000
February 27, 2015, 08:05:10 AM
#55
How's life going bears? Still hanging on to that short? Grin

No shorts, but still bearish longer than a few weeks  Cool
At 360, I'll be that guy swimming against the current  Grin

Well betting on 360 seems too obvious to me, that's where the price will meet the long term downtrend since Dec 2013. You won't be swimming against the current then because there are many others betting on that one. I think this upswing will last longer than a few weeks, a few months at least with a big fight at 360 and a top above 400. Then I will be the one swimming against the current. Tongue
legendary
Activity: 2660
Merit: 1023
February 27, 2015, 07:15:04 AM
#54
I like your theory.  
The only problem is someone/something dumps coins every morning as I drink my coffee still.  I have no idea why this happens every morning, but the day I see the price actual increase before I go to work, I will be happy about a reversal, rally, whatever.  

what good is though theres only so many coins to dump....unless of course faked exchange and fake coins are being dumped.

though the number of buys v sell over the main exchanges over time should be able to show this.....

legendary
Activity: 938
Merit: 1000
February 27, 2015, 01:04:22 AM
#53
I like your theory.  
The only problem is someone/something dumps coins every morning as I drink my coffee still.  I have no idea why this happens every morning, but the day I see the price actual increase before I go to work, I will be happy about a reversal, rally, whatever.  

Coinfisqated bitcoins..... yet this isn't all bad, governments have validated crypto in general by their greed, if it's worth selling, then it's must have some value, right? Grin
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
February 27, 2015, 12:53:06 AM
#52
No shorts, but still bearish longer than a few weeks  Cool
At 360, I'll be that guy swimming against the current  Grin

360?! =D



I posted this like three weeks ago in some thread here
legendary
Activity: 924
Merit: 1001
February 27, 2015, 12:48:18 AM
#51
No shorts, but still bearish longer than a few weeks  Cool
At 360, I'll be that guy swimming against the current  Grin

360?! =D

legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
February 27, 2015, 12:43:09 AM
#50
How's life going bears? Still hanging on to that short? Grin

No shorts, but still bearish longer than a few weeks  Cool
At 360, I'll be that guy swimming against the current  Grin
legendary
Activity: 1246
Merit: 1000
February 26, 2015, 11:28:58 PM
#49
How's life going bears? Still hanging on to that short? Grin
hero member
Activity: 833
Merit: 1001
February 21, 2015, 11:41:55 AM
#48
bulls are colorblind, so no wonder they only see green dildo-candles and ignore everything else... bears are easily trained and can be a good thing to keep to entertain public in circus... so the best place to be in is always up there and profit from both...

I am not sure you have been hugged by a bear? They do not lose their grip unless they want to  Wink

A bull has the ability to smash a bear hug and body slam them into oblivion. A few more bulls will be killed before thousands of bears are slaughtered.
legendary
Activity: 1722
Merit: 1000
February 20, 2015, 10:39:36 AM
#47
I am not sure you have been hugged by a bear? They do not lose their grip unless they want to  Wink

A bull has the ability to smash a bear hug and body slam them into oblivion. A few more bulls will be killed before thousands of bears are slaughtered.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
February 20, 2015, 10:28:56 AM
#46
strange times these are.  though we're seeing small overall rises we could easily lose it all and then some in a matter of hours.

We could, but it's interesting to see the price rise this consistently. It's a sign that times may be changing now, after all. Longest post-crash sideways movement and now gradually going up. This is very good in my opinion!
yep. I also notice slight change of sentiment. Bad news are not hurting that much, if at all. That means we may be slowly moving from negative to non-negative sentiment.  Not positve yet, as we are far from being out of the woods. But this is encouraging at least.
sr. member
Activity: 252
Merit: 250
www.CloudThink.IO
February 20, 2015, 10:15:57 AM
#45
I am not sure you have been hugged by a bear? They do not lose their grip unless they want to  Wink
legendary
Activity: 1246
Merit: 1000
February 20, 2015, 10:14:07 AM
#44
Willy is just a scapegoat for people who bought close to the top and are looking for something to blame their 'losses' on. Stop looking for scapegoats all the time, take responsibility and do your own thinking. It's getting tiring to hear people come up with all these fantasy stories about why this or that happened. Let's stick to the known facts and watch the charts.
8up
hero member
Activity: 618
Merit: 500
February 20, 2015, 09:54:49 AM
#43
strange times these are.  though we're seeing small overall rises we could easily lose it all and then some in a matter of hours.

We could, but it's interesting to see the price rise this consistently. It's a sign that times may be changing now, after all. Longest post-crash sideways movement and now gradually going up. This is very good in my opinion!

Has anybody checked if this recent price rise is legit? Fooled twice by Willy and Marcus, one gets cautious.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
February 20, 2015, 09:51:25 AM
#42
strange times these are.  though we're seeing small overall rises we could easily lose it all and then some in a matter of hours.

We could, but it's interesting to see the price rise this consistently. It's a sign that times may be changing now, after all. Longest post-crash sideways movement and now gradually going up. This is very good in my opinion!
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