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Title: All the big guys are buying bitcoin around $300 Post by: fewcoins on November 03, 2014, 05:52:15 AM The reason why we can't sustainably stay below $300 is because there are way too many buyers at this level! All this sideways trading is creating a huge base & it looks like the short sellers will be squeezed out soon... Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. Im willing to buy way more at 300 just like many other people and this huge whale that's been picking up plenty coins around this level! ;)
Title: Re: All the big guys are buying bitcoin around $300 Post by: SBradford on November 03, 2014, 05:54:07 AM The reason why we can't sustainably stay below $300 is because there are way too many buyers at this level! All this sideways trading is creating a huge base & it looks like the short sellers will be squeezed out soon... Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. Im willing to buy way more at 300 just like many other people and this huge whale that's been picking up plenty coins around this level! ;) Who are exactly "the big guys" ? Title: Re: All the big guys are buying bitcoin around $300 Post by: piramida on November 03, 2014, 06:40:46 AM The reason why we can't sustainably stay below $300 is because there are way too many buyers at this level! All this sideways trading is creating a huge base & it looks like the short sellers will be squeezed out soon... Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. Im willing to buy way more at 300 just like many other people and this huge whale that's been picking up plenty coins around this level! ;) Who are exactly "the big guys" ? http://hoop76.com/wp-content/uploads/2013/05/big-guy-at-sixers-game.jpg Title: Re: All the big guys are buying bitcoin around $300 Post by: fewcoins on November 03, 2014, 06:50:53 AM The reason why we can't sustainably stay below $300 is because there are way too many buyers at this level! All this sideways trading is creating a huge base & it looks like the short sellers will be squeezed out soon... Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. Im willing to buy way more at 300 just like many other people and this huge whale that's been picking up plenty coins around this level! ;) Who are exactly "the big guys" ? http://hoop76.com/wp-content/uploads/2013/05/big-guy-at-sixers-game.jpg Funny pic lol but it means big companies that are already have bitcoin businesses... check blockchain or bitcoin rich list & get an idea of what's happening! Title: Re: All the big guys are buying bitcoin around $300 Post by: medUSA on November 03, 2014, 07:08:35 AM Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. I wish what you are saying is true. But the fact is, the "big guys" aren't buying enough and a lot of these "big guys" are not in bitcoin for the long haul. |
