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Author Topic: Unable to break $400  (Read 9935 times)
kwukduck (OP)
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December 07, 2015, 11:10:15 PM
 #1

To our big surprise the big dump has been postponed. It will come soon but we may stay at current levels a bit longer.
Notice how there's an enormous pressure keeping it under $400? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?

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r3t4rD4life
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December 07, 2015, 11:16:49 PM
 #2

You are crazy. There are unrealistic buy and sell walls that are keeping the price from going out of the 390's, but make no mistake the momentum is upwards it would take a hell of a dump to stop 400+ now.
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December 07, 2015, 11:19:49 PM
 #3

Lol why are you asking us?  Ask your analysis team.  Or did they jump off a bridge?
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December 07, 2015, 11:27:08 PM
 #4

Wait did kwuk just say the dump is postponed? This is the most bullish thing ever
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December 07, 2015, 11:29:40 PM
 #5

I am totally with you, we will not break 400$ and we will fall down soooonnn
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December 07, 2015, 11:38:03 PM
 #6

...but we may stay at current levels a bit longer.
i am stressed now Grin apparently this week we will see the price changing direction, hope it will stay green  Smiley

Notice how there's an enormous pressure keeping it under $400? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?
yea, what you said here is true but how long will it stand? many think the price will not go down again so they are buying, others wait the price to gain +x% to sell. Anyway passing the 420 USD barrier and we will start thinking of 500 before the end of the month

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December 07, 2015, 11:49:30 PM
 #7

To our big surprise the big dump has been postponed. It will come soon but we may stay at current levels a bit longer.
Notice how there's an enormous pressure keeping it under $400? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?

Guys calm. This time he asked for our thoughts. He said it will come soon. So just shared some thoughts.

To the topic, it's just fine and the current trend running smoothly. Didn't you know that the recent activity can quite consider a 'big' pump after staying at around 320. And now staying around 390 for almost 72 hours now. You can see a building resistance here based on the current shown volume.

And may I know some 'pressure' factors you are talking about that will lead to price down? If thats so when will occur? As you see many still buy @ 390 range meaning more and more are optimistic about btc price increase that's why no reason for a big decrease right now. That was a great part of being an optimistic, buying and not just praying.

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December 07, 2015, 11:54:10 PM
 #8

What do you guys think is going on here?

¯\_(ツ)_/¯
r3t4rD4life
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December 08, 2015, 12:04:01 AM
 #9

What do you guys think is going on here?

¯\_(ツ)_/¯

How do Bitcoin?

¯\(°_o)/¯
suda123
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December 08, 2015, 12:06:04 AM
 #10

Wait did kwuk just say the dump is postponed? This is the most bullish thing ever

LOL
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December 08, 2015, 12:09:18 AM
 #11

Can anyone explain to me how some people are manipulating the Bitcoin Market?
I don't understand how it is possible since the market is so large.
The Sceptical Chymist
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December 08, 2015, 12:11:14 AM
 #12

I have to laugh at this, your analysis team is just you and your dick hand.

As far as Bitcoin not being able to break $400, I do find it interesting as well and if it does break $400 I kind of expect it to explode. Let's hope it does.

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Alley
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December 08, 2015, 12:21:39 AM
 #13

Since the majority of volume is done in china $400 doesn't mean shit.  They don't price their coin in USD.  $390 range is simply where we are at.  Their is no magical $400 barrier.  Huobi is currently at $407 USD and has been for a couple days.  Pull your head out of your ass duck.
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December 08, 2015, 12:30:16 AM
 #14

What I think is going on is that you sold your coins at $10..
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December 08, 2015, 01:17:38 AM
 #15

I think we'll see over 400 dollars in December. I don't know if it'll be this week or just before Christmas but I have a feeling that it'll go to $500 again this year. I can only hold and wait.
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December 08, 2015, 01:20:03 AM
 #16

$400 is just a psychological barrier.
How does it matter if the price is $399 or $400?  Smiley
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December 08, 2015, 01:29:08 AM
 #17

$400 is just a psychological barrier.
How does it matter if the price is $399 or $400?  Smiley

It matters because it's a resistance point. If you pass resistance points and stay over them for 3 days then they become support point. That's technical analysis 101.
It's important to pass $400 for future. IF we can't pass resistance point then we should expect a price drop.
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December 08, 2015, 01:37:12 AM
 #18

and we will break $500 soon
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December 08, 2015, 04:33:34 AM
 #19

To our big surprise the big dump rise has been postponed.
Ah, yes. This is in line with my reinterpretation of your previous false prophecy. We'll break $400 soon enough.

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December 08, 2015, 04:51:51 AM
 #20

The price isn't getting pumped furthermore because they are testing out if there's enough of a momentum for price to go over 400 by itself.
There's no point in pumping the price if there's no interest of other traders for the price to rise.
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