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Author Topic: Will we cross the bearline in April?  (Read 3180 times)
Wary (OP)
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April 06, 2015, 12:22:07 AM
 #1


Fairplay medal of dnaleor's trading simulator. Smiley
lebing
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April 06, 2015, 08:05:09 AM
 #2

Well we already passed on in linear... Passing it on log would be huge if it happened.

Bro, do you even blockchain?
-E Voorhees
laris2
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April 06, 2015, 08:10:18 AM
 #3

More hacks more dumps shame Sad

TEST
umairsaleem
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April 06, 2015, 09:19:37 AM
 #4

We were supposed to step into bull market in last month, but the expectation ended up with a crash from 300$, everything is unpredictable, but I'm negative now.
NUFCrichard
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April 06, 2015, 09:43:43 AM
 #5

There is too much investment in Bitcoin, it is a matter of time until a break-out occurs.
Then we can have all the same technical analysis showing that is fits a pattern perfectly!

I think the price is crazily low at the moment, it is easier and easier to invest, stock markets are peaking, bonds yield nothing, money will come to bitcoin and the price will rise. I predict $400 by July
Morecoin Freeman
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April 06, 2015, 09:50:44 AM
 #6

I think price will go below $200 again.

Ask the stranger he knows who you really are.
uki
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April 06, 2015, 09:54:01 AM
 #7

@OP: there is still more room for further horizontal move in the chart and that is what will happen, imo. More of sidewards and indecision for another month.

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Wandererfromthenorth
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April 06, 2015, 09:55:56 AM
Last edit: April 06, 2015, 10:15:34 AM by Wandererfromthenorth
 #8

Do you mean just touch it or actually breach it?  Tongue

GrandmaJean
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April 06, 2015, 11:33:21 AM
 #9

Do you mean just touch it or actually breach it?  Tongue


i think cross it means go over it. also i dont think it will happen as bitcoin bounces for a while now so it will bounce down again
Wary (OP)
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April 06, 2015, 11:43:33 AM
 #10

Do you mean just touch it or actually breach it?  Tongue


i think cross it means go over it. also i dont think it will happen as bitcoin bounces for a while now so it will bounce down again
+1  Smiley

Fairplay medal of dnaleor's trading simulator. Smiley
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April 06, 2015, 11:52:43 AM
 #11

Wary, are you using a linear or log chart with straight lines?

According to my log chart, we already broke the down trend.

randy8777
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April 06, 2015, 11:55:07 AM
 #12

everytime it look like it is going up an exchange or bitcoin related service gets hacked and we're going down again.
i hope this time it will go up with no drama.
uki
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April 06, 2015, 12:01:26 PM
 #13

everytime it look like it is going up an exchange or bitcoin related service gets hacked and we're going down again.
i hope this time it will go up with no drama.
people somehow got more immune to such news recently, and now it takes quite a lot of stolen Bitcoins to actually see the negative influence on the charts.
That is the positive part of the news. We seem to be reversing the down trend from the last year and negative news are not making so much harm, atm.
But, if there is a lot of news about hacked exchanges we may in the end exceed the critical mass after which the price will start falling again. 

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samson
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April 06, 2015, 12:06:14 PM
 #14

I think what we've been seeing lately are a few speculative bounces on the way down and there's nothing to suggest that it's bottomed out or about to change direction any time soon as far as I'm concerned.
asuryan180
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April 06, 2015, 12:09:39 PM
 #15

We were supposed to step into bull market in last month, but the expectation ended up with a crash from 300$, everything is unpredictable, but I'm negative now.

We did touch our toe into the bull market but someone decided to steal a bitcoins and people got scared and turned it back to what it was before, the good thing you could see it was trying before that. I am also a little on the negative side of speculation because that is all i have seen since getting here, the price down down down down. Who knows where  now.

Amph
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April 06, 2015, 12:25:45 PM
 #16

at this rate of price correction, i think not, we need more time for that, maybe before summer, but right now is still to premature

anyway from your chart it appear that we have already crossed it(the green spike), so do you mean permanently?
lebing
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April 06, 2015, 01:08:03 PM
 #17

Wary, are you using a linear or log chart with straight lines?

According to my log chart, we already broke the down trend.



clear your lines and look again  Cheesy

Bro, do you even blockchain?
-E Voorhees
Wandererfromthenorth
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April 06, 2015, 01:46:52 PM
 #18

Wary, are you using a linear or log chart with straight lines?

According to my log chart, we already broke the down trend.


These are lines drawn on linear scale while the chart is in log scale.

Lines in linear scale don't mean much.
Wandererfromthenorth
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April 06, 2015, 01:47:23 PM
 #19

Do you mean just touch it or actually breach it?  Tongue


i think cross it means go over it. also i dont think it will happen as bitcoin bounces for a while now so it will bounce down again
+1  Smiley
Ok  Tongue

I don't think we will cross it then  Tongue
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April 06, 2015, 01:51:15 PM
 #20

Shorts have increased quite a bit over the past few days.  I think a drop is coming
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