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But this time everything was triggered by BTCChina right? at least their volume is extraordinary in comparison with MtGox...
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The problem I see about using the falling wedge pattern here is that MtGox is not the only Bitcoin exchange.. you are taking something from a 1D / mono-platform stock market to use it in something similar to a forex market. Basically what I want to say is: other exchanges don't share the same shape, so I believe this specific pattern is not being "correctly" used in this case. and you may see any pattern anywhere if you try hard enough  |
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Strong support around the $470, i have to say.
nothing here is strong: walls are moving to fast, like there is no tomorrow!  |
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lol are you serious? falling wedge pattern doesn't make sense in forex/bitcoin edit: oh and btw we already broke the bottom line at $453 in gox  |
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There has been 2,5 days that the price has been higher than now. How the fuck can you people be all bear all the sudden?
welcome to a bitcoin crash |
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We have to break at least 380 on stamp that this would become crash, otherwise we will continue to follow this trend, sooner more than later.  Stick this in to your emotional head! =)  |
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Have we officially gone now from correction to full blown bubble collapse?
not yet but almost, it's just a matter of time until the last bulls realize that they already made enough profit for just two weeks... |
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lol he "leaked" (aka made up) the info hoping to stop this mad sell off?? MAYBE! wont work. but it will bounce, for far more compelling reasons then Starbucks accepting bitcoin. It's pretty similar to that other "inside information" post on Reddit about Amazon preparing something BIG with Bitcoin back then in May (IIRC) |
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wow I didn't see this thread: great work OP!
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just 16 days ago the price was 210 on gox  |
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 16 days ago the price was 210 |
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stop crying, you make bulls look bad
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The US Government doesn't miss business opportunities.
really? because they still didn't legalized marijuana |
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infinite drop |
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where we going from here? btcchina back under 5k cny.... wonder if we see more downward pressure soon
That's a triple bull trap we're seeing now. Is that even a term? rofl... I wouldn't be surprised to see it at $300-$400 in a few days, this is my first guess. My second guess is that $500 may be the floor, there would have to be a 10k sell off to get there. I wouldn't be surprised to see that either. By the way, I have no idea what I'm talking about. However, I have called the last two bubbles within a day or so of the bubble happening. Maybe it's luck. that wall moved super-fast 15hs ago... just saying |
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support at $500? but 500 was just three days ago 400 would be more realistic for a serious bull... |
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wow the first part of the hearing is pretty bad, still watching it, why do you think this was positive?  |
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