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Author Topic: Channel breached  (Read 1099 times)
afbitcoins
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April 03, 2013, 12:56:34 PM
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This channel which has held since about $50 has been breached to the upside. Hard to imagine that this current push even higher upwards can be sustained without a pullback soon. (edit) Since I did the chart the price has pulled back and stabalised a little.

Will the top of the channel now be resistance? Perhaps we’ll fall back into the channel? Might be a time to lock in a few profits if you feel like selling some bitcoins.
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BitcoinTate
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April 03, 2013, 01:01:29 PM
 #2



This channel which has held since about $50 has been breached to the upside. Hard to imagine that this current push even higher upwards can be sustained without a pullback soon. (edit) Since I did the chart the price has pulled back and stabalised a little.

Will the top of the channel now be resistance? Perhaps we’ll fall back into the channel? Might be a time to lock in a few profits if you feel like selling some bitcoins.
You cant chart what is happening right now to BTC. There has been such a massive amount of attention world wide that it would only take $10 million dollars entering BTC right now to push the price to $400. This is a once in a lifetime picture. Wide spread adoption is coming much sooner than anyone anticipated.

- aka The "DigiMan"
thefiniteidea
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April 03, 2013, 01:01:47 PM
 #3

We're going to $200 before a significant correction of 30% and back up again.

Hold on to your eyeballs.  Shocked

https://twitter.com/thefiniteidea

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April 03, 2013, 01:02:55 PM
 #4

We're going to $200 before a significant correction of 30% and back up again.

Hold on to your eyeballs.  Shocked
Shit we could hit $1,000 by next month.

- aka The "DigiMan"
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April 03, 2013, 01:12:43 PM
 #5

We're going to $200 before a significant correction of 30% and back up again.

Hold on to your eyeballs.  Shocked
Shit we could hit $1,000 by next month.

Since the start of the year, we have been up about 18% on average every week. If that rate continues on a weekly basis, we'll be over $70K by the end of the year, lol!
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April 03, 2013, 01:14:06 PM
 #6

We're going to $200 before a significant correction of 30% and back up again.

Hold on to your eyeballs.  Shocked
Shit we could hit $1,000 by next month.

Since the start of the year, we have been up about 18% on average every week. If that rate continues on a weekly basis, we'll be over $70K by the end of the year, lol!
lol! And I would never work another day in my life... that would be awesome!

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April 03, 2013, 01:14:17 PM
 #7

We're going to $200 before a significant correction of 30% and back up again.

Hold on to your eyeballs.  Shocked
Shit we could hit $1,000 by next month.

Since the start of the year, we have been up about 18% on average every week. If that rate continues on a weekly basis, we'll be over $70K by the end of the year, lol!

In before someone posts that XKCD comic.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
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April 03, 2013, 01:58:51 PM
 #8


In before someone posts that XKCD comic.



Cheesy
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April 03, 2013, 02:20:15 PM
 #9


In before someone posts that XKCD comic.



Cheesy

You know what's ironic about that comic?

It actually works for Bitcoin.

 Grin

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April 03, 2013, 02:26:46 PM
 #10


In before someone posts that XKCD comic.



Cheesy

You know what's ironic about that comic?

It actually works for Bitcoin.

 Grin

bitcoin is a polygamist!


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