Just one more leg down.
that would be a huge leg, though. 780 is a huge critical point.
this is where the bears have to blow all the powder.
750$, even high 600$ can't be ruled out imho.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17908. (Read 26656898 times)
January 11, 2017, 12:01:32 PM
that would be a huge leg, though. 780 is a huge critical point.
this is where the bears have to blow all the powder.
750$, even high 600$ can't be ruled out imho.
January 11, 2017, 12:01:01 PM
that would be a huge leg, though. 780 is a huge critical point.
this is where the bears have to blow all the powder.
this is where the bears have to blow all the powder.
it'll probably slide through it like a flamethrower through butter. bulls are usually ecstatic to roll over at moments like these.
January 11, 2017, 11:56:26 AM
Just one more leg down.
that would be a huge leg, though. 780 is a huge critical point.
this is where the bears have to blow all the powder.
January 11, 2017, 11:55:01 AM
Just one more leg down.
or notflat bottom at 790-820 for a more hours...
should become more clear in the next hour
Doubt that.
Dead cat bouce up to about 825$ and down again.
lower highs and more bottoming, then...
cat with golden gun riding a fire breathing unicorn
January 11, 2017, 11:53:58 AM
As long as the chinese "Centralbanks" review BTC everytime it hits the 1k$/€ mark, BTC will never hit the xk$/€ mark since there will always be some derpession because of the "investigation"
"derpession"...?
can we add that to the list?
hodling through all derpessions!
January 11, 2017, 11:53:15 AM
January 11, 2017, 11:52:51 AM
Its rediculous how news like this can cause such an impact on btc price.
January 11, 2017, 11:46:41 AM
Just one more leg down.
or notflat bottom at 790-820 for a more hours...
should become more clear in the next hour
i think we will know better when pboc exits btcc as well as trading resuming in china and india
to far off... this is the pricing in of that day.
January 11, 2017, 11:46:11 AM
Just one more leg down.
or notflat bottom at 790-820 for a more hours...
should become more clear in the next hour
Doubt that.
Dead cat bouce up to about 825$ and down again.
January 11, 2017, 11:44:32 AM
head line from the future: bottom tested and successfully held off the all the poeple in china.
January 11, 2017, 11:43:12 AM
Just one more leg down.
or notflat bottom at 790-820 for a more hours...
should become more clear in the next hour
i think we will know better when pboc exits btcc as well as trading resuming in china and india
January 11, 2017, 11:42:32 AM
Just see it as a "toughening up" process.
The more knocks Bitcoin takes the less effective they'll be. Christ we're still above $700 and unlikely to be facing another 2-year dip to $200 so things are improving
We already had this in 2013. We need to get to the point where the PBOC is not able knock it over with a feather.
January 11, 2017, 11:38:06 AM
Just one more leg down.
or notflat bottom at 790-820 for a more hours...
should become more clear in the next hour
January 11, 2017, 11:33:20 AM
Just one more leg down.
January 11, 2017, 11:29:16 AM
Well it seems to be holding very well a 800-780. But how could we know
shorts are up volume is ok, still dangerously close to <790 tho...
January 11, 2017, 11:27:57 AM
some one in bitstamp trying to keep price under 800,
January 11, 2017, 11:21:50 AM
Must have been all of that hype by the US media saying that the jump in bitcoin price was due to people getting around China capital controls.
While those on the ground said there wasn't much of that at all, and that there are cheaper alternatives to do that.
But hey, if the US media is reporting it must be true.
While those on the ground said there wasn't much of that at all, and that there are cheaper alternatives to do that.
But hey, if the US media is reporting it must be true.
Its not about the "US media". Its just a story that everyone likes to believe. Take a look around at BTT you will find lots of folks who are strongly convinced that Bitcoin is all about China and China adopting Bitcoin. From time to time for example i state at the german part of BTT that i dont see China as a main market and that Bitstamp is still the boss when it comes to price movement and i get lots and lots of denial. "Do you know how many people live in China!?"
No media needed its a story that folks like to believe.
January 11, 2017, 11:20:27 AM
Well it seems to be holding very well a 800-780. But how could we know
January 11, 2017, 11:19:39 AM
Must have been all of that hype by the US media saying that the jump in bitcoin price was due to people getting around China capital controls.
While those on the ground said there wasn't much of that at all, and that there are cheaper alternatives to do that.
But hey, if the US media is reporting it must be true.
While those on the ground said there wasn't much of that at all, and that there are cheaper alternatives to do that.
But hey, if the US media is reporting it must be true.
Oh dear oh dear, what excuse will they have left for Bitcoin's rise when China's currency starts to stabilize and possibly rally?
January 11, 2017, 11:15:02 AM
Must have been all of that hype by the US media saying that the jump in bitcoin price was due to people getting around China capital controls.
While those on the ground said there wasn't much of that at all, and that there are cheaper alternatives to do that.
But hey, if the US media is reporting it must be true.
While those on the ground said there wasn't much of that at all, and that there are cheaper alternatives to do that.
But hey, if the US media is reporting it must be true.
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