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Title: Rally time! We hit bottom, time for trend reversal. Post by: BitcoinAshley on July 07, 2013, 10:35:07 PM Guyz, do you think we hit bottom and now it's time for a rally? Total trend reversal? Should I buy back in at $72 or I'll be regretting it later? :-\ 2 Da Moon?
Courtesy marvinrouge: http://img15.hostingpics.net/pics/836173crash2011.jpg (Just in case you forgot) Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: N12 on July 07, 2013, 10:36:02 PM Bull traps are guaranteed. Watch as sentiment reverses as the pigs buy in and get slaughtered. :D
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: PerfectAgent on July 07, 2013, 10:43:18 PM BitcoinAshley, I thought you got kidnapped by aliens and got replaced by a clone for a sec!
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: BitcoinAshley on July 07, 2013, 10:44:08 PM I'm just glad I was "bullish" enough to have sell orders up in the 70s :P
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: mgio on July 07, 2013, 11:08:43 PM Actually, yes, time to buy back in, we are going up from here.
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: CMMPro on July 07, 2013, 11:39:17 PM Haha...no.
We are going to be at the true bottom for a few months....long enough for the speculators to abandon us until the next bubble. Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: fleabag on July 07, 2013, 11:48:12 PM we are never looking back now. congrats to all the buyers.
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: Frozenlock on July 07, 2013, 11:51:47 PM Bull traps are guaranteed. Watch as sentiment reverses as the pigs buy in and get slaughtered. :D You know the market will try very hard to shake us on our ground, right? Are you sure of your position? Really, really sure? :P Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: fleabag on July 07, 2013, 11:53:48 PM i wanna see a picture of bitcoin ashley?
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: Zaih on July 08, 2013, 01:04:16 AM Up we go fella's
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: humanitee on July 08, 2013, 01:19:49 AM Bull traps are guaranteed. Watch as sentiment reverses as the pigs buy in and get slaughtered. :D Quoting for posterity. I'll either be laughing at Blitz or myself by Friday. Good luck! Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: BitcoinAshley on July 08, 2013, 01:39:35 AM Ok, time to invoke Rpietila:
"At this point, given market sentiment and fundamentals, I don't think we'll ever see <$70 bitcoins again." Bull traps are guaranteed. Watch as sentiment reverses as the pigs buy in and get slaughtered. :D You know the market will try very hard to shake us on our ground, right? Are you sure of your position? Really, really sure? :P Ooh, sounds like someone's got cold feetz ;) Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: SOSLOVE868 on July 08, 2013, 01:42:58 AM Ok, time to invoke Rpietila: "At this point, given market sentiment and fundamentals, I don't think we'll ever see <$70 bitcoins again." Bull traps are guaranteed. Watch as sentiment reverses as the pigs buy in and get slaughtered. :D You know the market will try very hard to shake us on our ground, right? Are you sure of your position? Really, really sure? :P Ooh, sounds like someone's got cold feetz ;) This what I believe too ,My money still can;t get in time ... Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: bitcon on July 08, 2013, 03:03:54 AM i wanna see a picture of bitcoin ashley? https://i.imgur.com/DObMUGS.jpg Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: Einewton on July 08, 2013, 03:20:26 AM i wanna see a picture of bitcoin ashley? https://i.imgur.com/DObMUGS.jpg It's a temporary tattoo... Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: Wagner2014 on July 08, 2013, 03:23:00 AM Wow, we hit the real, true, botton for all time, only 48 hours after the latest low...very quick consolidation. Thanks for the info. ::)
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: Einewton on July 08, 2013, 03:24:33 AM Wow, we hit the real, true, botton for all time, only 48 hours after the latest low...very quick consolidation. Thanks for the info. ::) I will be suprised if this little spike we are experiencing is going to last. Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: bitcon on July 08, 2013, 03:27:27 AM it will probably go down then go back up ;D
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: CurbsideProphet on July 08, 2013, 03:46:12 AM Looks more like typical short covering to take profits after a significant decline. I think there's a chance it goes into the 80s but better chance that the short/medium trend is still down.
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: Kazu on July 08, 2013, 04:16:52 AM Guyz, do you think we hit bottom and now it's time for a rally? Total trend reversal? Should I buy back in at $72 or I'll be regretting it later? :-\ 2 Da Moon? Courtesy marvinrouge: http://img15.hostingpics.net/pics/836173crash2011.jpg (Just in case you forgot) I like the "I short" dude Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: mp420 on July 08, 2013, 07:14:34 AM This is way too soon. We ain't seen no bottom yet. Wait a couple of months at least.
The price was dropping too fast. This short term bounce is expected market behavior. Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: Rampion on July 08, 2013, 07:31:42 AM This is way too soon. We ain't seen no bottom yet. Wait a couple of months at least. The price was dropping too fast. This short term bounce is expected market behavior. 100% agreed. But this is being Quite a profitable bounce. Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: discobean on July 08, 2013, 09:13:47 AM Not enough posts about Bitcoin being dead and over yet. So still a bit to go.
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: bitcoin44me on July 08, 2013, 12:16:11 PM So, what do you think now? Bear? Bull?
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: N12 on July 08, 2013, 01:39:46 PM Bull traps are guaranteed. Watch as sentiment reverses as the pigs buy in and get slaughtered. :D Quoting for posterity. I'll either be laughing at Blitz or myself by Friday. Good luck! My point is that at the end, the bulls declare victory and then it goes on to make new lows. Furthermore, I don't short Bitcoin and I don't trade actively. There's not really anything to laugh at since I could care less about the wiggles in between. :D Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: BitcoinAshley on July 08, 2013, 02:24:24 PM Yeah, he (the "I short" guy) had months to make a profitable move, and picked the one point where it would have been no longer profitable. What a tool. ::)
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: samson on July 08, 2013, 02:45:03 PM LOL We won't see the bottom for some time, probably months from now.
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: True___Blue on July 08, 2013, 05:07:42 PM Did we just form a cup and handle right now?
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: blackreplica on July 08, 2013, 05:15:01 PM Who knows...we may hold the mid 70s price levels for 2 months...I'd say we've hit bottom if that happened
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: giantdragon on July 08, 2013, 06:19:12 PM After 2011 bubble burst Bitcoin bounced 2.5 times from $2 within a month. If the history will repeat, we will see $150 BTC in August.
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: octaft on July 09, 2013, 12:15:30 AM After 2011 bubble burst Bitcoin bounced 2.5 times from $2 within a month. If the history will repeat, we will see $150 BTC in August. $2 would be the equivalent of starting from $18, not $75. Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: viboracecata on July 09, 2013, 12:39:15 AM The down trend will keep going, let's see
Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: fleabag on July 09, 2013, 01:07:39 AM i blew it :(
i should have got in Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: BitcoinAshley on July 09, 2013, 01:48:21 AM Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: BadBear on July 09, 2013, 06:28:31 AM i blew it :( i should have got in Don't worry, you've got plenty of time. https://i.imgur.com/cnj1c7r.jpg Title: Re: Rally time! We hit bottom, time for trend reversal. Post by: Marbit on July 09, 2013, 07:44:21 AM This right shoulder is starting to look pretty saggy. Why no confirmation. >:(
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