Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread
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Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon.
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The good part is that when we cross $100 and proudhon pays out, we might finally see how many bitcoins he owns!
Bear owning 1k BTC? How about that...
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Congratulations. Lucky bastards. Not lucky at all when the price is sub $30 in 2 weeks. Are you privy to some information that none will believe until after the events have happened?
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I voted no. Smoothie, I'll give you a BTC if it does.
Can I have one too?
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"Better sell 20k BTC all at once to cause a panic, since it worked the last 5 times." :bearlogic: "Better sell at $78 because crashes never rebound." :bearlogic: "Better sell at $90 now that it's up here again, because this is just another bulltrap. This time is different from the last 5 times!" :bearlogic:
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Depth to $70 back up to what it was before the crash Suck it bears!
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wow, ASICMINER is rallying hard on all the PTs! 0.898 hit on bitfunder
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Bear fail! I tried to buy at $75-78 but got goxxed. I didn't predict the panic so I didn't have bids Congratulations to those that did!
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Askwall reduced to rubble
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*Even if so, that's still set to reach $100 within a month
Won't happen, because we've probably topped out for the year. $100 is too strong a resistance point and now that a big player has decided to make a move, more will follow. It's all downhill from here for a long while, I think. never mind, going back up!
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Keep the same magnitude on the time axis, please. You're just making yourself look stupid..EDIT. Aight sorry, I had a moment of bad mood right there. Could've said it more nicely.. Sorry Down 10$/BTC since I made that statement - do you feel at all foolish yet? Uh, this is nowhere near a bubble burst. We had $75 -> $52 a few days ago but it kept going up
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The umpteenth in a series of shakeouts... lol. Have fun selling under $90, bears!
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Is gox going to get hacked again? Is mybitcoin going to scam everyone again? Are reddit, wordpress, etc. going to suddenly drop bitcoin support?
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They just keep trying... even if it drops to $75 they should realize it's coming back up the next day...
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That is why it is a poll where anyone can vote. Biased and unbiased opinions are all weclome. I know there are many on this forum who are bitter about what they have lost on bitcoins and will say less than $1 lol
I believe in something unlikely to happen *gazes forlornly at the magical $30 price* It happened once, It can happen again! (maybe) Down at $2, nothing looked possible...
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Here it comes, I'm ready for $100! Wait til you see the explosion when we get there.
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Loaded will send us over $100
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Depth warning: <44k BTC to $1 trillion.
LAST CHANCE TO BUY UNDER THIRTEEN DIGITS!
It is pretty interesting that there's only <44k BTC left on the entire ask side...
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