I believe it will work, just wait another 12 hours. If I'm right, this was just a tiny dump, a larger one should follow in about 12 hours. It's possible, but I doubt it. A large one *will* follow, but it's not time yet. How large do you think? About 3x the amplitude of this small dump, if the bearish scenario is favored, we'll see soon... well, tzupy, I guess you were wrong. Embarrassing... I counted the 1 - 3 - 5 of the 1 and called the top, but the real 3 and 5 were yet to come... The 3x amplitude of a future correction may still happen in China, but western exchanges didn't properly follow, so they will drop less. |
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Hmm, this isn't looking as bearish as I'd like... Maybe the Chinese will pull an extension?
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I believe it will work, just wait another 12 hours. If I'm right, this was just a tiny dump, a larger one should follow in about 12 hours. But you predicted a pump to about 1100$ on New Year's day. You got up early for it, but it took another four days to go that high. What makes you think you can be so accurate today when your New Years's day prediction was out by four days? I am expecting, in a couple of hours, the last pump of this rally, taking us to about 1100$, spending a couple of days there before crashing 40%. To be sure of catching it, I had to wake up early on the 1st January, grrr...  If it does crash I think it will be a small correction, not a 40% correction. It could carry on up past the Gox ATH without many downs. When I predicted the last pump to about 1100$ I didn't claim it would happen in 1 day (or other time frame), so I wasn't "out by four days". If the next larger dump will happen in about 12 hours, then I expect the Chinese to build a large triangle that should break, probably down, in another 4 - 5 days. And the 40% correction is the whole ABC, the A and C should be each about 30%. |
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I believe it will work, just wait another 12 hours. If I'm right, this was just a tiny dump, a larger one should follow in about 12 hours. It's possible, but I doubt it. A large one *will* follow, but it's not time yet. How large do you think? About 3x the amplitude of this small dump, if the bearish scenario is favored, we'll see soon... |
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I believe it will work, just wait another 12 hours. If I'm right, this was just a tiny dump, a larger one should follow in about 12 hours. |
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I just closed my long. I believe it's very little upside left, and not worth the risk, better to lock in profits.
 via Imgflip Meme GeneratorActually, I was probably the only sane person posting today, which is sad... The top was near, and now it's profit taking time, who dumps first dumps best. |
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I just closed my long. I believe it's very little upside left, and not worth the risk, better to lock in profits.
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2h PSAR flipped to bullish on OKCoin, looks like the last part of the pump will unfold today (and then crash, of course  ). |
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$900 - $1000  $1000 - $1100  And when 1100$ - 700$...  |
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Bitcoincharts stopped displaying exchange charts since yesterday, about 16 hours ago (just data from that point is missing). Anyone knows why?
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While Chinese exchanges are consolidating, hopefully before another (probably last) push, the western ones are at last trying to catch up.
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There is a bug that displays last price as 1$ and -99.88% profit for me and others, please try to fix it.
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And look at the volume. This is not rally level volume. Things are just starting.
Or things are about to end. IMO the rally will top within 2 days and then crash 40%. |
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^^^^^
Actually Kraken has trouble following the Chinese exchanges.
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Are there any known reasons for the Bitcoin price to go up from 800 USD to about 980 USD in a span of 10 days? (Dec 20–29)
Enough CNY on Chinese exchanges to make bullish TA happen, that's all. Please don't ask the same question about the correction that will follow the peak. |
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I am expecting, in a couple of hours, the last pump of this rally, taking us to about 1100$, spending a couple of days there before crashing 40%. To be sure of catching it, I had to wake up early on the 1st January, grrr... You could have had a nice lie in today instead of getting up early for that pump to about 1100$. A piddley $10 pump was all we got. Resistance broken on Chinese exchanges. The pump does look more valid now. |
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I am expecting, in a couple of hours, the last pump of this rally, taking us to about 1100$, spending a couple of days there before crashing 40%. To be sure of catching it, I had to wake up early on the 1st January, grrr... 1) There is not going to be a 1 or 2% dump before the pump? You could be correct, we have had a few dump attempts, already. 2) I was thinking a kind of similar pump range of about $1,060 to $1,180, ish.. so you and I are in a similar ballpark in that respect... though I think that there is a chance that price could break upwards through such resistance and the resistance at that level is not inevitably going to cause a price reversal.. 3) After reaching $1,100-ish, I can see a dump of 15% to 25%, but 40% seems quite a bit too high and too optimistic (given the current circumstances) - unless some facts change.. but then again, that is why you have a bear as your avatar and I have a fairy dancer... hahahaha. Pump started, 6h PSAR flipped to bullish on Chinese exchanges. Not let's see if it can break resistance at 7007 CNY. On the other hand, I could have slept a couple more hours...  |
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I am expecting, in a couple of hours, the last pump of this rally, taking us to about 1100$, spending a couple of days there before crashing 40%. To be sure of catching it, I had to wake up early on the 1st January, grrr... |
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On Bitstamp the 12h PSAR flipped to bullish, on Chinese exchanges it's close but not yet.
You know what it means when even Tzupy gets bullish . Flipped now on OKCoin too. This could mean a new major leg up, or that we are close to the top of the current leg up and a sizable correction will follow soon. |
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On Bitstamp the 12h PSAR flipped to bullish, on Chinese exchanges it's close but not yet.
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