Topic: Will we cross the bearline in April? - page 2. (Read 3240 times)
We going 1000 by the end of the year, get with the program my friends.
Well I was full of optimism when the price suddenly went up to 255 yesterday but it didn't hang on to its position for long and it made a quick pullback to where it is right now at 245. Anyway, we just have to wait and see. Trying to predict the movement will only end up in disappointment.
will will smash through that in a glorious sideways movement
That seems to me the roadmap for the next 1-2 months.
More sideways ahead, I think.
It's highly important that we don't make lower and lower lows while doing that. Our current support lines seem to be pretty stable, which is pretty good. We're still not "safe", though!
Shorts have increased quite a bit over the past few days. I think a drop is coming
You are short though, damiano.
Remember, you closed your long yesterday at a lower level than this?
Just closed my long that I opened at 239. These no volume spikes worry me a bit. Short still open and going to add a bit more around 270-275 if it gets there.
Long was closed on futures which had a higher spike than bitfinex
will will smash through that in a glorious sideways movement
That seems to me the roadmap for the next 1-2 months.
More sideways ahead, I think.
Oh well, we could bounce off of it one, two, or a couple more times, I guess. But I believe we will break out, eventually!
Could be if a couple of good news stack one upon each other. I'd prefer around June though.
will will smash through that in a glorious sideways movement
Wary, are you using a linear or log chart with straight lines?
According to my log chart, we already broke the down trend.
Log chart, log lines, bitstamp, 3d. But I assume you're joking According to my log chart, we already broke the down trend.
I think what we've been seeing lately are a few speculative bounces on the way down and there's nothing to suggest that it's bottomed out or about to change direction any time soon as far as I'm concerned.
the longer we do not establish a new low, the more solid looks the last one. So far we have been doing pretty good at reversing the last year's down trend. I don't know why people expect exponential rise to start immediately after? Can someone explain that to me?We are in the healthy trend reversal, not more and not less. And after couple more months we may see how it goes further.
Shorts have increased quite a bit over the past few days. I think a drop is coming
You are short though, damiano.
Remember, you closed your long yesterday at a lower level than this?
Just closed my long that I opened at 239. These no volume spikes worry me a bit. Short still open and going to add a bit more around 270-275 if it gets there.
Shorts have increased quite a bit over the past few days. I think a drop is coming
Do you mean just touch it or actually breach it? 
i think cross it means go over it. also i dont think it will happen as bitcoin bounces for a while now so it will bounce down againI don't think we will cross it then
Wary, are you using a linear or log chart with straight lines?
According to my log chart, we already broke the down trend.
These are lines drawn on linear scale while the chart is in log scale.According to my log chart, we already broke the down trend.
Lines in linear scale don't mean much.
Wary, are you using a linear or log chart with straight lines?
According to my log chart, we already broke the down trend.
According to my log chart, we already broke the down trend.
clear your lines and look again
at this rate of price correction, i think not, we need more time for that, maybe before summer, but right now is still to premature
anyway from your chart it appear that we have already crossed it(the green spike), so do you mean permanently?
anyway from your chart it appear that we have already crossed it(the green spike), so do you mean permanently?
We were supposed to step into bull market in last month, but the expectation ended up with a crash from 300$, everything is unpredictable, but I'm negative now.
We did touch our toe into the bull market but someone decided to steal a bitcoins and people got scared and turned it back to what it was before, the good thing you could see it was trying before that. I am also a little on the negative side of speculation because that is all i have seen since getting here, the price down down down down. Who knows where now.
I think what we've been seeing lately are a few speculative bounces on the way down and there's nothing to suggest that it's bottomed out or about to change direction any time soon as far as I'm concerned.
everytime it look like it is going up an exchange or bitcoin related service gets hacked and we're going down again.
i hope this time it will go up with no drama.
people somehow got more immune to such news recently, and now it takes quite a lot of stolen Bitcoins to actually see the negative influence on the charts. i hope this time it will go up with no drama.
That is the positive part of the news. We seem to be reversing the down trend from the last year and negative news are not making so much harm, atm.
But, if there is a lot of news about hacked exchanges we may in the end exceed the critical mass after which the price will start falling again.
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