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Question: What does the bearish divergence on the charts mean for bitcoin price this weekend
Will stay above 225 - 27 (64.3%)
Will hit 225 - 1 (2.4%)
Will fall below 225 - 1 (2.4%)
Will fall below 200 - 13 (31%)
Total Voters: 42

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Author Topic: Bitcoin will Free fall this weekend, going to 225  (Read 2654 times)
trafficolaa
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September 10, 2015, 07:23:11 PM
 #21

Bitcoin is more stable from range $225 - $240 through out this year so that i think price will go up and will cross $250 in coming week and  that looks more realistic this time as price indication showing positive sign for this.
ramkumar
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September 10, 2015, 07:55:51 PM
 #22

$290 to $310
MF Doom
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September 10, 2015, 08:08:03 PM
 #23

$290 to $310

price rose to $310 and hit a ceiling in july ONLY becasue there was a ton of hype regarding the greek debt "negotiations".  As soon as they ended, adn people realized that the greeks couldnt (becasue of bank closures) buy btc, and probably wouldnt even if they could, the run up died out, bottoming back at ~$200 last month.

I dont see ANY news coming that could recreate that any time soon, in fact this stress test looks like the movement will be further down, in the near term
Itun
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September 10, 2015, 09:24:10 PM
 #24

I don't see much evidence that the prices will go up or down significantly this weekend.

But I am expecting a small dip before it rises again.
vervolioman
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September 10, 2015, 09:30:40 PM
 #25

I don't see much evidence that the prices will go up or down significantly this weekend.

But I am expecting a small dip before it rises again.

You're not meant to see evidence of where the price is going, that is a secret. We will carry on riding the waves.

OP $10 is not a freefall mate that is the norm.

What use is a signature?
Itun
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September 10, 2015, 09:50:18 PM
 #26

I don't see much evidence that the prices will go up or down significantly this weekend.

But I am expecting a small dip before it rises again.

You're not meant to see evidence of where the price is going, that is a secret. We will carry on riding the waves.

OP $10 is not a freefall mate that is the norm.

Wrong choice of words..

I meant I don't see a convincing reason to think that there will be a dramatic change in price.
Fontas Returns (OP)
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September 12, 2015, 10:48:54 PM
 #27

It has begun. The next major leg down should hit 225 as I predicted. If you took my good advice you potentially just made several thousand dollars this weekend. If not, maybe next time.
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September 13, 2015, 01:57:33 AM
 #28

nice! i see price started drop and i have waiting price fall under $225 at least under $215 but i don't hope price bitcoin below $200.
farting_shot
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September 13, 2015, 02:19:57 AM
 #29

I disagree with the Op's assessment. I think Chinese will keep the price going at around 1500 RMB, which basically means we will continue to go sideways at 235 for a while.
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September 13, 2015, 04:00:57 AM
 #30

It has begun. The next major leg down should hit 225 as I predicted. If you took my good advice you potentially just made several thousand dollars this weekend. If not, maybe next time.

Hmm... we are at $235.
Quite some distance away from $225.
Fontas Returns (OP)
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September 13, 2015, 04:55:55 PM
 #31

It has begun. The next major leg down should hit 225 as I predicted. If you took my good advice you potentially just made several thousand dollars this weekend. If not, maybe next time.

Hmm... we are at $235.
Quite some distance away from $225.

https://s-media-cache-ak0.pinimg.com/736x/b1/20/88/b12088ee12e951ec1ccbd8f97220309a.jpg
amiryaqot
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September 13, 2015, 05:24:03 PM
 #32

At the moment Bitcoin actual price range is around $220 - $240 during the whole year so if it would go up again to $240 or above to $250 from tomorrow when the next week will start, i don't think it go under $225 this time.
pitham1
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September 14, 2015, 01:34:39 AM
 #33

A touch under $230 now.
I guess the OP was close enough. Smiley

Addition
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September 14, 2015, 02:42:19 AM
 #34

A touch under $230 now.
I guess the OP was close enough. Smiley


Price has just hit $223.99 on Bitstamp - Well done OP

However, there appears to be a significant %margin between the Majors with:

Bitfinex @ $228.85

Okcoin/Houbi @ $230.61

BTC-e @ $226.05

Seems like Bistamp is leading the way in this recent decline
shane
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September 14, 2015, 02:47:39 AM
 #35

Real time price
Bitstamp 227.76 BTC-e 227.153 Bitfinex 229.71 Huobi 231.23/1472.54


i sell my bitcoin at $ 245
i think im still hold my USD and waiting $220   Cheesy

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Addition
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September 14, 2015, 02:50:42 AM
 #36

Real time price
Bitstamp 227.76 BTC-e 227.153 Bitfinex 229.71 Huobi 231.23/1472.54


i sell my bitcoin at $ 245
i think im still hold my USD and waiting $220   Cheesy



Yes, seems to have quickly corrected back to $227range - with the Chinese exchanges still slightly higher BPI.

Best of luck for your Limit Order @ $220 bro  Wink

I'll also buy some more if we hit that range 
centauribit
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September 14, 2015, 04:34:15 AM
 #37

There is absolutely no reason to panic. Clap if you're buying BTC right now cause it's a nice entry point. Time for the mega-whale/bulls.

randy8777
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September 14, 2015, 04:37:45 AM
 #38

Real time price
Bitstamp 227.76 BTC-e 227.153 Bitfinex 229.71 Huobi 231.23/1472.54


i sell my bitcoin at $ 245
i think im still hold my USD and waiting $220   Cheesy

it was an expected drop. bitstamp reached a low of $223.99 while other exchanges didn't follow. even btc-e's low of the day is higher. let's see how strong the $220 level is. i think it will hold.
fkvidar
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September 16, 2015, 05:41:26 PM
 #39

that its just a small bear trap At least there is finally some kind of movement happening, the whole year so far being as boring as it could've been.
kwukduck
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September 16, 2015, 06:02:05 PM
 #40

Indicators for upcoming weekend seem even more grim. We could be looking at 190-200.

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