Instead of relying on astrology, just look at the current graph.
https://bitcoinaverage.com/#USD|nomillibit
7-800 is the new floor. Give it a few days and it should start rising again.
Topic: When do you think the breaks will come on ? (Read 1336 times)
$453 is the next major support line (after the big correction 11/20)....if that doesn't hold we could go as low as a full retrace to $211. 
Here are the Fibonacci numbers for this long rally.
High 1242
Low 212
L1 0.00% 1242.0 ***Broken***
L2 38.20% 848.5 ***Broken***
L3 50.00% 727.0 ***Broken***
L4 61.80% 605.5
L5 76.40% 455.1
L6 100.00% 212.0
Here are the Fibonacci numbers for this long rally.
High 1242
Low 212
L1 0.00% 1242.0 ***Broken***
L2 38.20% 848.5 ***Broken***
L3 50.00% 727.0 ***Broken***
L4 61.80% 605.5
L5 76.40% 455.1
L6 100.00% 212.0
Are telling me this guy
Is an expert bitcoin trader???
There will be a lot of bounces some of them in psychological barriers. I think timing of good news will play an important role in where the price will settle down. If those news ever come 
If you join, go up to top left corner icon > Options > Hide join/quit notifications.
If Chinese fire sale it might drop all the way back to 200, but I don't think that's gonna happen. It might even jump back up a bit to around 800.
$453 is the next major support line (after the big correction 11/20)....if that doesn't hold we could go as low as a full retrace to $211.
Here are the Fibonacci numbers for this long rally.
High 1242
Low 212
L1 0.00% 1242.0 ***Broken***
L2 38.20% 848.5 ***Broken***
L3 50.00% 727.0 ***Broken***
L4 61.80% 605.5
L5 76.40% 455.1
L6 100.00% 212.0
Here are the Fibonacci numbers for this long rally.
High 1242
Low 212
L1 0.00% 1242.0 ***Broken***
L2 38.20% 848.5 ***Broken***
L3 50.00% 727.0 ***Broken***
L4 61.80% 605.5
L5 76.40% 455.1
L6 100.00% 212.0
It will stabilize at $500.
Maybe we will stabilize for a few days or a week but the week before Christmas we will go into freefall probably finding the bottom at about 60-80. At the start of 2014 we will slowly recover towards Bitcoins real value of about 120 USD.
Hi
when do you guys think the breaks will come on with this current "Correction" ?
when do you guys think the breaks will come on with this current "Correction" ?
Jump to: