400 will not hold

[Amph]

$300 incoming.
Grab your shorts.
 

I hope we won't go that low. But if it does anyway, then I might actually buy some if I get the chance to buy at low $300's. I don't think it will happen.

Oh, it's going that low.
Next support is around $317.

those are fake support, in no tiem a big wall can emerge a 350 and you will not be able to notice it

i see this plenty of time, random big wall that appear at a certain point, so you can not really see where the support is

i still beliebe that under 350 will not happen, let's see

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[mayax]

it will ONLY happen what the big exchangers want. they make the FAKE "book orders" with their bots. they manipulate the market in their own interest.

so, it will only happen what they want.

[randy8777]

it will ONLY happen what the big exchangers want. they make the FAKE "book orders" with their bots. they manipulate the market in their own interest.

so, it will only happen what they want.

this is nothing new. bots have been setting up fake orders since the beginning of bitcoin being tradable on exchanges. it could be done by the exchanges, but also by very large players with their high tier trading bots. the bots with the best algo will bring in the most money. traders with deep pockets hire the best people for creating these bots.

[Dux2K]

Seem more to me that thus may be recent stock exchange fall and price seems like its recovering

[richardsNY]

$300 incoming.
Grab your shorts.
 

I hope we won't go that low. But if it does anyway, then I might actually buy some if I get the chance to buy at low $300's. I don't think it will happen.

Oh, it's going that low.
Next support is around $317.

At this point everything is possible. My guess is that it won't go much lower than $350. Maybe $330-$340 as the very low for this year.

If we go to $350 we will be falling to $320'ish and if/when that support removes its orders who knows where we go? It isn't up that is for sure. I am holding my shorts and have no idea where to put orders to get back in, or whether to get back in? Maybe 200's if I do, What's your plan Bob?

Price didn't go below $350. So far the $350 price level seems to be the bottom, but I can't say it won't go below that tomorrow or the day after that. The panic is not gone yet. I have the feeling that a large dump can trigger a second round of massive dumps.

[mayax]

it will ONLY happen what the big exchangers want. they make the FAKE "book orders" with their bots. they manipulate the market in their own interest.

so, it will only happen what they want.

this is nothing new. bots have been setting up fake orders since the beginning of bitcoin being tradable on exchanges. it could be done by the exchanges, but also by very large players with their high tier trading bots. the bots with the best algo will bring in the most money. traders with deep pockets hire the best people for creating these bots.

and is this a normal thing? I mean, is it OK to hava fake volumes and nobody is saying a work. Otherwise, the BTC media is very vocalize with other things.

This should be the "breaking news". All the Bitcoin exchangers have fake volumes.

[uki]

$300 incoming.
Grab your shorts.
 

I hope we won't go that low. But if it does anyway, then I might actually buy some if I get the chance to buy at low $300's. I don't think it will happen.

Oh, it's going that low.
Next support is around $317.

you must be joking. There is plenty of support lines between $400 and $350, and most probably one of them would stop us. I expect quite many buyers already from $380 level that should help to keep us afloat. Then at around $370 and $363 there are another important points where smart buyers should place their orders.

[mayax]

the exchangers will put the bots at work. many more fake transactions will arise

[Dux2K]

Seem like we gonna go back to 400 slowly but will it go or will pass 400

[icem3lter]

Below 400 already, I'm sure it's time to BUY BUY BUY!

[mayax]

Below 400 already, I'm sure it's time to BUY BUY BUY!

why should you buy now when the price will go below 300 next week?

[JavaLove]

Below 400 already, I'm sure it's time to BUY BUY BUY!

why should you buy now when the price will go below 300 next week?

Well this morning when I woke up the price was at $370 - now we've jumped to $389.

People will reject the fear Mike Hearn sent through the community and will get back on their feet, stronger, and ready to use bitcoin. Buying is highly recommended now.

[icem3lter]

Below 400 already, I'm sure it's time to BUY BUY BUY!

why should you buy now when the price will go below 300 next week?

Well, its going back up so might as well to make a quick profit.
You never know with the halving coming up.

[uki]

Below 400 already, I'm sure it's time to BUY BUY BUY!

why should you buy now when the price will go below 300 next week?

what makes you think that the price will be $300 next week. from TA point of view, it would take really a major effort for bears to drag the price below $350. There is quite a lot of support lines to be broken from here to $350, and I believe one of them will hold the correction. Also there will be more and more buyers popping in below each line.

[damiano]

$300 incoming.
Grab your shorts.
 

I hope we won't go that low. But if it does anyway, then I might actually buy some if I get the chance to buy at low $300's. I don't think it will happen.

Oh, it's going that low.
Next support is around $317.

At this point everything is possible. My guess is that it won't go much lower than $350. Maybe $330-$340 as the very low for this year.

If we go to $350 we will be falling to $320'ish and if/when that support removes its orders who knows where we go? It isn't up that is for sure. I am holding my shorts and have no idea where to put orders to get back in, or whether to get back in? Maybe 200's if I do, What's your plan Bob?

Price didn't go below $350. So far the $350 price level seems to be the bottom, but I can't say it won't go below that tomorrow or the day after that. The panic is not gone yet. I have the feeling that a large dump can trigger a second round of massive dumps.

Yes I was watching and see we touched $350 but that soon bounced back. The panic does seemed to have calmed down and it isn't looking to bad now settling between low $380's and mid. Depending on the news a large dump can always cause big dumps.

[uki]

Yes I was watching and see we touched $350 but that soon bounced back. The panic does seemed to have calmed down and it isn't looking to bad now settling between low $380's and mid. Depending on the news a large dump can always cause big dumps.

Where did price touch $350? I am wondering if that was a one off trade. Do you have some charts/data to support that?

[socks435]

I think this is the time to buy but i think the price will not going to 400 maybe after this month the price will go rise again.. So just buy for now before month ends..

[n2004al]

Sub 400 is incoming, get yourself prepared. Indicators are all pointing down!

Don't agree. At least for the part "will not hold". I don't know about which indicators your are talking about - and cannot believe that exist such kinds for bitcoin which can be credible in a reasonable way but this is another question - but there more than two days that bitcoin is around 380 us dollar (even is under 400 and for this you are right). Seems that it has absorbed the shock and are "thinking" to remain stable for a few and begin its game of up and down with overall trend the increase. Like it did all the last year. But better let wait some more time before talking about this. Bitcoin is and will be always not predicable.

[~Bitcoin~]

I think this is the time to buy but i think the price will not going to 400 maybe after this month the price will go rise again.. So just buy for now before month ends..

I have sold around almost all my coin on 373 mark but now price get jumped to 380+, i will not buy nor sell now as i don't have time to check price every hour in this high volatility.

[uki]

I think this is the time to buy but i think the price will not going to 400 maybe after this month the price will go rise again.. So just buy for now before month ends..

I have sold around almost all my coin on 373 mark but now price get jumped to 380+, i will not buy nor sell now as i don't have time to check price every hour in this high volatility.

What you see right now is just the regular volatility of a speculation-based asset, like Bitcoin. That is yet not the high volatility Bitcoin used to have when being in the pre- and post- Mt. Gox bubble.