Bear Trap triggered

[Kevinrasf]

We have reached the first sell off 



After this rockets are ready for moon lift off 

If I had a bitcoin for every time I seen this chart posted I'd be richer then satoshi but I do have to agree with you. Bears will be trapped good soon.

The guy who made that chart should've copyrighted it, and should ask a fee for people to use it lol.

[AmDD]

Oh boy, here come the charts again.  

My personal fav.

LMAO!!

yeah, you all are reading into this way too much!

[NUFCrichard]

We have reached the first sell off 



After this rockets are ready for moon lift off 

If I had a bitcoin for every time I seen this chart posted I'd be richer then satoshi but I do have to agree with you. Bears will be trapped good soon.

The guy who made that chart should've copyrighted it, and should ask a fee for people to use it lol.

If the chart is at all appropriate, we are at the back to mean phase from the last cycle!  That looks pretty clear to me anyway.

Hopefully we can start a nice new cycle, with an bigger peak and no massive crash afterwards, then we can never see this stupid chart again!

[monbux]

I've seen this chart floated around a lot, but I dont think it can be applied to btc.  Btc is not like other "investments"/currencies.  Just because its rising (seemingly due to economic uncertainty around the world) doesnt mean it can fit into this chart.

Well, maybe not, but it fit pretty well during the rise and drop to $1200.

[qwk]

If the chart is at all appropriate, we are at the back to mean phase from the last cycle!  That looks pretty clear to me anyway.

That's because you're wearing sunglasses

I've said it before and more than once, most people forget to actually read "anatomy of a bubble", especially ignoring the phases' descriptions: Smart Money - Institutional Investors, Public.
The chart is applicable when, and only when both the curve and the phases match.
So far, we're not even in "Institutional Investors".

[jonald_fyookball]

Wondering where you guys come with those charts made with paint or whatever So you are telling me that there will be a dump after this? since from what you say we are at First sell and now we should go down ... if First sell = 290$ , really asking my self how the "New Paradigm" is and "when"

Indeed, edited this picture in Paint. Problem with Paint?

I have nothing against paint , in fact it's a very useful program . What I meant that this is not made by professionals in economics or finance unless you are ... what are your prooves for the charts you just shared with us nothing just a line going UP and down without any reason.

try Paint.NET  -- free and much better than ms paint.

[spazzdla]

I'm betting on..

a move to 4-600

a move back to 3-500

unknown

[deluxeCITY]

We have reached the first sell off 



After this rockets are ready for moon lift off 

If I had a bitcoin for every time I seen this chart posted I'd be richer then satoshi but I do have to agree with you. Bears will be trapped good soon.

The guy who made that chart should've copyrighted it, and should ask a fee for people to use it lol.

If the chart is at all appropriate, we are at the back to mean phase from the last cycle!  That looks pretty clear to me anyway.

Hopefully we can start a nice new cycle, with an bigger peak and no massive crash afterwards, then we can never see this stupid chart again!

We cant redo the cycle without another big crash at some point. Otherwise the chart would be meaningless.

-Sent from my CIRC wallet-

[unamis76]

I've seen people say we're on the beginning of that chart, in the middle, in the end... Just forget that goddamned chart

Oh boy, here come the charts again.  

My personal fav.

Haha, was precisely thinking in posting this one after opening the thread!

[cellard]

The bears are started to get scared. You can tell by the amount of fud posts, they are decreasing every day that the average price goes up. Time to give up on your FUD and buy in.