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Title: upside pressure at 450-470 building Post by: jasonjm on January 08, 2016, 07:41:05 PM the profit takers / shorties are piling into that price zone
if it doesn't hold they are going to be forced to cover, forced to rush in and buy, will be a spike to over 500 in very short order. who knows maybe 450-470 holds. 50/50 odds as normal, but if it breaks to the upside it will be vicious. Title: Re: upside pressure at 450-470 building Post by: Kevin77 on January 08, 2016, 08:20:21 PM It is the most common situation in any commodity trading. The round numbers are always big resistance to hurt the prices progress to go further. But I don't thing bitcoin will find any that much difficulties to go beyond $470 levels also.
Title: Re: upside pressure at 450-470 building Post by: talks_cheep on January 08, 2016, 11:29:00 PM Looks like it's struggling to hold 450 at the moment. 80/20 we are going back down to 430.
Title: Re: upside pressure at 450-470 building Post by: UnknownUsername on January 08, 2016, 11:31:02 PM I'm expecting a crash maybe next two or three weeks. I guess those whales still didn't sold their cheap coins.
Title: Re: upside pressure at 450-470 building Post by: pereira4 on January 08, 2016, 11:32:10 PM Im going to be buying until june, when the insane pump will happen. Will be 1K, 4.5K, 12K? Nobody knows, but it will be huge, and im not sure I even want to short, so I'll probably hold. I would become too depressed if I sold too early trying to sell and therefore being left off the game as I fail to realize then to cut loses and buy back.
Title: Re: upside pressure at 450-470 building Post by: The Sceptical Chymist on January 09, 2016, 12:30:12 AM The bitcoin price is just fluctuating, fellas. I don't know how anyone can say with certainty that we're stuck at 450 or whatever. It's just random movements.
Title: Re: upside pressure at 450-470 building Post by: Shunak on January 09, 2016, 12:36:23 AM When cny dumps bitcoin rise 50$, remember it
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