Head and Shoulders with target around 900 (bfx)

[zby]

Pretty much that shows it all.

It is still just a correction - but I would not bet it stops at 900 - it  is just the first target.

[1Referee]

People were desperately waiting for the price to touch $1000 in order to secure profits, but that's just because of their greed. There is no real difference when it comes to selling at $970 and $1000 but still people want to grab that extra ~$30... Either way, I think we are heading towards sub $900 prices again within 7 days. Rally has lost it's momentum as people are not willing to pay that much for one Bitcoin at this point. I can't blame them for that.

[amacar2]

There is no real difference when it comes to selling at $970 and $1000 but still people want to grab that extra ~$30... Either way, I think we are heading towards sub $900 prices again within 7 days.

Support at $950 looks quite strong so i doubt that price will go under $900 anytime soon. And talking about $30 price difference it may not count much if you are selling 1-2 bitcoin but for elite traders even $1 matters  because they will be dealing with thousands of bitcoin.

I don't think this price rally have lost its momentum, rally may continue for few more days/weeks.

[2017Bubble]

What are you retards smoking?
1400 is the minimum this ship will go.

[Soros Shorts]

Pretty much that shows it all.

It is still just a correction - but I would not bet it stops at 900 - it  is just the first target.

Not saying that it won't go down to 900, but now we are back at 960 and the right-shoulder is starting to look awfully dislocated. I don't think it was even a clear head and shoulders to begin with.

[Lucius]

There is no real difference when it comes to selling at $970 and $1000 but still people want to grab that extra ~$30... Either way, I think we are heading towards sub $900 prices again within 7 days.

Support at $950 looks quite strong so i doubt that price will go under $900 anytime soon. And talking about $30 price difference it may not count much if you are selling 1-2 bitcoin but for elite traders even $1 matters  because they will be dealing with thousands of bitcoin.

I don't think this price rally have lost its momentum, rally may continue for few more days/weeks.

I share your opinion,price is now around 960$ on most west exchanges and this pump/rally is not over yet.We see that is easy to go down for some 30$,but it is also easy to return to a previous value.This year holidays have no negative impact on price as it was the previous years.

At some point correction probably will happen and price will go down,since this is BTC it is to hard to predict how low we can go.In my opinion it depends how many coins some whales will dump on the market.