Topic: Well that didn't last long... - page 3. (Read 4347 times)
It is one of those Chinese driven buying - I am still not convinced the downtrend is over.
Well we are still +15% compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend
Remind you that we are currently
$10 lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago
This could be a bull trap, another new low sub-$300 can happen in any time
We're +3200% higher than 2 years ago.
Wanna compare arbitrary timeframes?
Well we are still +15% compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend
Remind you that we are currently
$10 lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago
This could be a bull trap, another new low sub-$300 can happen in any time
Great perspective. It's too easy to get carried away. Most people think this way as well. It's why we keep getting hammered down and can't grow. Anyone want to call the bottom for this downward channel we've been in for a long time?
Well we are still +15% compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend
Remind you that we are currently
$10 lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago
This could be a bull trap, another new low sub-$300 can happen in any time
I agree, we could even go as low as 2xx or higher than 6xx in just 2-3 weeks... But right now it's too early to tell
Well we are still +15% compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend
You realise Bitcoins are created every 10 mins, meaning a stable price is quite an achievement at this very early stage.
3-day chart + 8% --> DOOMDOOMDOOM 
Price is going back down quickly, seems like bitcoin cant sustain price growth or higher price levels. The downtrend seems to still be in tact. Was it just another fake pump?
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