Not right now, but I think it could rally to 10K+ and then fall to 3.5K

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

Where can I read the latest bitcoin orbituary.

*throws in a blood sacrifice*

Maybe this is the final fail. I still think it's going to bounce first.

The bounce is going to be brutal. I can hear the confusion and the screams of lost coins.

Im just so numbed to this after 5 years I dont care what the bears say. Who cares IF it goes down another 15%. Itll be back at these levels instantly within minutes of the bounce never to go below them again for months, before the rally to 12K. And the volumes are the biggest since november, unless you are looking at 3D or 1W. The huge volume spike you are looking for can actually happen on the way UP like in July. At this point Im playing the macro chart where it was just at 20K and not microanalyzing the smaller trends.

There wasn't any fatal news when it went from 266 to 50 in 2013. It was just a panic selloff triggered by a ddos on gox.

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.

2 months ago we were going to 400K but now this is the death of bitcoin and there is no floor.

Biggest 12H volume since November.

Karhu will not be pleased if he brings it down more and a bunch of cheap coins are bought. Karhu wants to bring it up and trap the buyers at 12K and THEN drop it so they can really feel the pain.

6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000.

Im just buying piecemeal now. Im not even trying to guess or trade the bottom - itll bounce too fast.

What is all this talk about DOW falling? Last time I checked it was 18K. Now I just looked and it 25K? Woah this is insane what is it doing so high? ITs just like Bitcoin - I'll never get why people freak out over a 5% dip after a huge rally and exxagerate over how much of a "crash" it is. Are markets supposed to only go up in staggered line?

Remember $20K bitcoins? Pepperidge Farm remembers.

Did everyone sell yet? Theyre waiting on you. They wont buy until you sell. At least sell a coin or two and take one for the team.

If selling is not logical then I would find shorting even more illogical...

You can hold bitcoin and trade the alt/btc ratios that are moving with btc on margin. This also takes care of the tax problem on having to pay taxes on your original bitcoin gains if you sold them.

It might go lower but I cant think of a buy here not turning a profit sometime within the next 2 months.