Bitcoin Forum

We are now testing how strong the resistance at $400 is... We can barely pass it looks like & so far we made one bounce off of it

How high do you guys think this rally will go? Last time 400 was the tipping point and we went right back near 300.. Will it happen again?  ???

Your speculation is cute, but here's a graph for you http://imgur.com/Hf3AcQ6,piL7U3L#1

It has pulled out from under and CCI, MACD and Divergence are all positive now after a very very long time. Once EXP is out to positive territory, anyone looking at charts is going to think twice about going short.

This is not a joke, we are getting out to the postive side completely.

Nice FUD.

explains why he's called fewcoins instead of alotofcoins

In other words:

There will be a correction, no doubt but the general momentum is up.

Rejoice everyone, the downtrend is over. We are going to 550-600 soon.

$400 has been hit way too quick, people will get burned selling here

Ftfy

Fewcoins is a sock puppet for falling lol
Same shit again and again.... And again :)

We've probably still got some momentum left in this rally.

However after today's move we're probably consolidating for the next few days.

The chart by WaffleMaster is too obvious, it's not going to end like that.

Who knows if this is the start of the next big bubbe?

i'm looking to dump my btc, just wait when the price $1000 again  8)

The bears have been consistently pushing the market down looking for the bottom...

Recently everytime they have tried the effect has been less and less. Remember that if Bears are traders then they will switch and buy on the rise . The rise is reflecting this and the volumes support this theory.. BTC is never smooth but i doubt it wil retest $350 and its more likely to rise up to 450 then drop back to 400 ish etc wile we go round and round the magic roundabout SLOWLY rising.

didn't you hear, it's a bulltrap dead cat bounce of despair phase? dump all now!

so many people's idea like you

What if this is the cheapest coins we will never see again :o I wasn't done accumulating

Are you still all out or do you plan to buy again ?

Happiness come as a surprise, many people are at their wits end.
But the price will not be higher, $450 is top

edit: bitstamp is $442, lakebtc is $460, may be the price would break $500!!

November 2014 could go down as the last month in history that 1 BTC could be exchanged for less than $500 usd.

How many do you want to dump?  Is it cigars and bathrobes and yachts time at 1k? :)

1k is not the top, 10k is probably not even the top

FTFY

he said he opened shorts, so now must be shortless.

$500 is next target!

$600
$700
$800
....

It wasn't quick in a negative way at all, in every way you look at TA that bottom at 275$ met a powerful support that ignited buying at every level after that. We just broke the midterm downtrend resistance and this is giving confidence to some and causing FOMO in others. I'd say that until we hit 480$, we are in a green zone and noone should be worried to have bought before 420$.

it is still climbing, biggest jump in the last year i think.

It certainly appears that way but were not there yet. It could be all smoke & mirrors. If everything crosses for a consistent period of time with a huge buy behind it, were good to go. If its a small creep over the line with minimal support it could be a good time to sell before a potential massive sell-off which could go to sub $200.

when will we know it?

1-2 mths.

You should already know, this maybe the last time we ever see 4xx again never mind 1xx

Ask the sad people who didn't buy at 1,5,10,20,50,100, etc

Your long @$300 and short @$400 routine will work a few times ... until it doesn't. That's how the market takes back from traders who think they've just got everything figured out.

It's the begining of a bubble, it doesn't need to go slowly

I hope it blows out the 450 barrier tommorrow. Only time will tell.

+1

Most bubbles until now took 30 days. Since bitcoin is way more expensive it might take longer to hit the ATH.
Also beware for traps along the route. This might be a trap and not the main bubble.

I am all out and finished opening my shorts yesterday since we got so close to $500!!! Redic greedy day for many many people out there... Just remember now the miners have been stacking up their coins instead of selling to let the price really go up. When they think we found a top like yesterday they will start to RACE each other to dump more coins than their competition. This is why every downturn we have is so brutal! If they're still making over $2mil in coins per day everyday then what effect do you think a 3 day rally has?! LOTS!  :-X

Large mining companies have financial advisers to, well advise them, so they don't do dumb things and crash the market by creating too much selling pressure. Anybody with enough money to invest a considerable amount would hopefully have the same basic knowledge of markets haha. This is a nice healthy retrace to the bottom supporting line of a new upward channel most likely. Very good to see such a healthy market in this space for once. None of the weekly nor monthly charts have ran their course up to what looks like to be around an $800 price point.

Short term speculation = white noise only useful to day traders.
Long term projections based on fundamentals = $$$$$

This upcoming year will prove to have many wild swings!

Huge hedge fund ready to short bitcoin to bargin prices like they did with the stock market??
LOOK AT THEIR RECORD!  :D

BURNED!!! This weekend will be crazzzzzzzyyy  :o

Burned again and again, as called 366 was hit  :o