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Topic: We are now stagnant, which way will we go afterwards? - page 2. (Read 3220 times)

sr. member
Activity: 286
Merit: 250
Its going up, up, up.... more people coming into the market then people selling...
newbie
Activity: 23
Merit: 0
I took out my purchase cost a few hours ago by selling some coins...  *not including my Casascius coins which are deeply in the money and which I may never sell.  I still have a bunch (most) of BTC/profit in this market.  The next time it dips significantly I will buy some more and repeat the process.  Wash and rinse until it doesn't work anymore or the price is ludicrous. 
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.


Just holding this for later use!
hero member
Activity: 728
Merit: 500
It appears that arrangements of daily candles like this during previous bubbles result in a correction bouncing off of the daily long ema (now $300).
legendary
Activity: 840
Merit: 1000
It isn't stagnant, it is called consolidation and it is considered a good thing. There also seems to be a triangle forming since we hit $445, it should be finished in the next couple hours, breaking whichever direction it shall.  Cheesy Grin 
hero member
Activity: 784
Merit: 1000
Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days!  Smiley

See its random stuff like this that makes nobody take bears seriously.

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.

It would be quite interesting to know what the future holds in terms of low prices. While $250 is admittedly insane to reach down to at the moment, what factors could lead to a devastating crash to that level and even UNDER that level?

Profit-taking.

Volume is a lot lower than April.
sr. member
Activity: 373
Merit: 250
Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days!  Smiley

See its random stuff like this that makes nobody take bears seriously.

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.

It would be quite interesting to know what the future holds in terms of low prices. While $250 is admittedly insane to reach down to at the moment, what factors could lead to a devastating crash to that level and even UNDER that level?
sr. member
Activity: 448
Merit: 250
Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days!  Smiley

See its random stuff like this that makes nobody take bears seriously.

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.
legendary
Activity: 1168
Merit: 1000
Stagnation is a great thing now.  Shows confidence in the general price level.  People were saying the exact same thing you're saying when we sat over $200 for a while after "crash" from $230...  then we shot higher.

Sometimes even Bitcoin needs to "come up for air" (take a cooler).

People like you have to sell thought OP.  It's natural selection.. the folding out of the weaker hands.   Grin
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days!  Smiley
sr. member
Activity: 373
Merit: 250


Fortunately, I'm no longer holding my bitcoins.  Grin
member
Activity: 104
Merit: 10
legendary
Activity: 1582
Merit: 1001
My thoughts as well 15% down 100% up
sr. member
Activity: 373
Merit: 250
Holy shit...it stopped moving for what a couple of hours?

Relax....ffs. It doesn't have to be constantly ranging up or down.



Indeed, what I am talking about however is the imminent peak, which is the point of stagnation, as I would say. This is quite a high price already, and momentum appears to have already declined.
full member
Activity: 230
Merit: 100
a little down, a lot up
hero member
Activity: 588
Merit: 500
Holy shit...it stopped moving for what a couple of hours?

Relax....ffs. It doesn't have to be constantly ranging up or down.

sr. member
Activity: 373
Merit: 250
After the good rally up to the mid 400s, it appears that we have pulled backwards and are struggling to reach the highs again.

Price is currently holding at around 420-30 for Gox, but how long will this last?

Where will we be short term after we see major movements again? Is it up or down?

Discuss where you think the price of BTC will be during the next major market movement.
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