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Author Topic: The top is in  (Read 2686 times)
Dilla
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October 16, 2015, 09:41:27 PM
 #21

We've already had a double top this year... second slightly higher than the last. Mainly why I think we will push through eventually.
spiderbrain
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October 17, 2015, 12:34:18 AM
 #22

we're going to test 300 within the next week, but not without a retrace or two along the way i think.

Lol no. It's just another dead cat. You should know by now... within a week we'll  be back down to low 200s

This will be fun to quote later.

Cconvert2G36
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October 17, 2015, 03:19:07 AM
 #23

The top is in on this run-up. Time to unload and take profits. Wink

Well...
pooya87
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October 17, 2015, 04:03:00 AM
 #24

it is still early to cash out even for a day trader who looks for short term investment with small profits. price is still going up and the weekend has not yet arrived.

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zimmah
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October 17, 2015, 10:32:39 AM
 #25

we're going to test 300 within the next week, but not without a retrace or two along the way i think.

Lol no. It's just another dead cat. You should know by now... within a week we'll  be back down to low 200s

This will be fun to quote later.

i want to be in the quote too, just in case.
NorrisK
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October 17, 2015, 10:56:12 AM
 #26

we're going to test 300 within the next week, but not without a retrace or two along the way i think.

Lol no. It's just another dead cat. You should know by now... within a week we'll  be back down to low 200s

This will be fun to quote later.

i want to be in the quote too, just in case.

He is doing these type of posts every time bitcoin is making a run.

Ofcourse it will go down a bit after a while due to correction, but usually he is quite wrong about the end result (he also predicted sub 200 again).
emelac
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October 17, 2015, 11:30:54 AM
 #27

we're going to test 300 within the next week, but not without a retrace or two along the way i think.

Lol no. It's just another dead cat. You should know by now... within a week we'll  be back down to low 200s

This will be fun to quote later.

i want to be in the quote too, just in case.

He is doing these type of posts every time bitcoin is making a run.

Ofcourse it will go down a bit after a while due to correction, but usually he is quite wrong about the end result (he also predicted sub 200 again).

It's already higher today than it was yesterday. He predicted a small chance of a double top at best, but it's gone up too much today to call it a double top. Nobody can predict what it's going to do with any degree of certainty. There are professional trading sites full of predictions that are frequently wrong.
btbrae
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October 17, 2015, 02:32:16 PM
 #28

I think approaching 300 is a good exit. It may surge past for a little while but a lot of people, myself included, are still waiting for $100 before we are confident of a bottom forming.
Dilla
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October 17, 2015, 02:51:08 PM
 #29

$100? Some serious shit would have to go down for that to happen. Not very likely.
Denker
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October 17, 2015, 03:02:53 PM
 #30

I think approaching 300 is a good exit. It may surge past for a little while but a lot of people, myself included, are still waiting for $100 before we are confident of a bottom forming.

Are you serious? Waiting for $100 is a waste of time I believe.We've seen that $200-$220 was/is a pretty solid bottom.We had been below that but bounced back pretty fast.
btbrae
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October 17, 2015, 06:24:52 PM
 #31

I think approaching 300 is a good exit. It may surge past for a little while but a lot of people, myself included, are still waiting for $100 before we are confident of a bottom forming.

Are you serious? Waiting for $100 is a waste of time I believe.We've seen that $200-$220 was/is a pretty solid bottom.We had been below that but bounced back pretty fast.

We'll see. I don't think the last leg down is in yet.
RyanLZ
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October 18, 2015, 03:39:26 PM
Last edit: November 02, 2015, 11:21:28 AM by RyanLZ
 #32

$100? Some serious shit would have to go down for that to happen. Not very likely.

If there is no fundamental problem of bitcoin, the price will be above $100. If bitcoin gets used more, the price will be higher.
anthonycamp
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October 18, 2015, 03:43:42 PM
 #33

300$ its better than 200$ but its taht soo important? i mean i dont quit BTC even if was at 20$
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October 18, 2015, 03:45:00 PM
 #34


We'll see. I don't think the last leg down is in yet.

$100 qualifies as more than just a leg down. That's going to put the willies up an awful lot of people if it did happen.
jaberwock
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October 18, 2015, 04:00:57 PM
 #35

Just weekend effect. People won't load money into exchanges and people won't trade too much, so small flutuactions are possible

Tomorrow the up trend will be retaken

Hugroll
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October 18, 2015, 04:35:26 PM
 #36

The top is in on this run-up. Time to unload and take profits. Wink
i dont feel like 270 is the top, i feel like bitcoins going to hit around 330 and stay there for around a month and around the halfing next year itll be around 400-500
randy8777
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October 18, 2015, 11:46:30 PM
 #37

The top is in on this run-up. Time to unload and take profits. Wink
i dont feel like 270 is the top, i feel like bitcoins going to hit around 330 and stay there for around a month and around the halfing next year itll be around 400-500

it's the top for now. if we can manage to stay above $260 for a week, then we might see the price make another attempt to break through the $280.
jeffthebaker
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October 18, 2015, 11:48:48 PM
 #38

The top is in on this run-up. Time to unload and take profits. Wink
i dont feel like 270 is the top, i feel like bitcoins going to hit around 330 and stay there for around a month and around the halfing next year itll be around 400-500

I highly doubt the price staying at or around $300, even if we do see it. $300 has huge psychological implications, and its a number that plenty of people are looking to cash out at. (See bear wall). It's a hard number to break through and stay above.

However, increases seem to be nullifying, I'm not sure if we will even see the price flirt with the $300 line in this ride.
Amph
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October 19, 2015, 07:39:27 AM
Last edit: October 19, 2015, 06:48:29 PM by Amph
 #39

300$ its better than 200$ but its taht soo important? i mean i dont quit BTC even if was at 20$

price is important yes, it what will drive many more people to join in, low price make everyone not investing or using it because they think it will die soon, it's depressing...
RyanLZ
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October 19, 2015, 09:46:20 AM
 #40

300$ its better than 200$ but its taht soo important? i mean i dont quit BTC even if was at 20$

price is important yes, it what will drive many more people to join in, low price make everyone not investing or using it because they thing it will die soon, it's depressing...

The market capitalization is important. If it is too small, big money cannot come in and price is volatile.
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