People are buying bitcoin.

If we break $300 we will most likely get pumped to $500 or moon.
If we do not we will stay in this 220-300 zone till the halving or some breaking news.

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

I don't see any reason for the price of Bitcoin to stop dropping  ...even down to the $150 usd or so mark my somewhat 'lame' reasoning below....

assuming that bitcoin is actually following this type of action below (note: edit diff chart...scary thou it is)




again if the above is correct and this bubble (if I remember correctly) started last Oct 2013 (I got my knc Jupiter 550gh on Oct 18th 2013 when  BTC was $150 usd)

then again if the above chart has any merit...it will go BACK to about $150 usd ...before HOPEFULLY it rebounds or not (ie dead cat bounce and such) to another bubble?

right now ...it looks to me like it is following the above down the line...so imho (not that I know squat) $150 usd looks possible before it either dead cat bounces to oblivion

or starts upward again ....into another bubble (I'm holding hope this is the senario...but lately with bitcoin prices dropping adding to my stress/pucker issues)

HOPEFULLY $150 usd would light a fire under everyone and BTC would rebound ...maybe even likely into a bubble again....(hey a person can hope)

anyway comments on why/how this is following such a chart above and what you think the likely outcome will be rebound or dead cat bounce

or hell maybe there is actually NO way to tell at this point ...but again imho the above chart is 'daunting' to say the least!

True. The only thing more dissapointing than bitcoin was the internet during the 90s...
hmm 

Nobody is manipulating the price , we are going nowhere but down cut you loose.

the bottom is 23.8% of peak, same as the last bubble.   Check it if you don't believe me. 

if we break into the 350s it is probable we will go down at least to 320-330 in my opinion...

they are giving bitcoin a bad name. price will go down long term because of these disgraceful whales.