NotLambchop
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January 17, 2015, 08:31:35 PM |
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...Since the weak hands won't be there to dump into a rally, it will be stronger and more sustained. This is why large reversals follow large crashes, and vice versa.
So... The worse things look, the better they actually are? I think I'm starting to understand.
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Blazin604
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January 17, 2015, 08:34:50 PM |
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...Since the weak hands won't be there to dump into a rally, it will be stronger and more sustained. This is why large reversals follow large crashes, and vice versa.
So... The worse things look, the better they actually are? I think I'm starting to understand. Exactly.
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Afrikoin
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Activity: 1540
Merit: 1003
alan watts is all you need
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January 17, 2015, 08:38:58 PM |
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Everything about this screams indecision! Whichever way we break, it'll be massive.
Not necessarily. I'm half expecting a revisit to $160-$170 if things get bearish. But it will be on lower volume and act as a way to clear out the few remaining bears and weak hands--however the initial crash did a pretty good job with that--and will act as a spring upwards. Since the weak hands won't be there to dump into a rally, it will be stronger and more sustained. This is why large reversals follow large crashes, and vice versa. Found this on some thread. That is the second bottom you decribe, right?
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yefi
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Activity: 2842
Merit: 1511
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January 17, 2015, 08:43:29 PM Last edit: January 17, 2015, 08:59:35 PM by yefi |
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lol, that's great
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heartastack
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January 17, 2015, 08:52:47 PM |
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The Alts... Will.... RISE
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ChartBuddy
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 17, 2015, 08:59:59 PM |
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Bitfinex Bitstamp Explanation
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Coinshot
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January 17, 2015, 09:03:22 PM |
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According to my research based on mining cost, general interest (not based on exchanges data or Google stats), shy TA divergence and a few things from my trading methodology, from this point we are going up.
Oh great...I just sold my stash...couldn't you have told me this sooner? It's going to take 3 days for me to make a bank transfer. Do you think it will stay at 200 until then? It will stay here for now. You have enough time and may even get some cheaper price.
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 17, 2015, 09:14:35 PM |
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keep throwing your chicken bones voodoo analysis, you've been wrong all year
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YourMother
Legendary
Offline
Activity: 1281
Merit: 1046
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January 17, 2015, 09:46:55 PM |
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"BITCOIN TRADING BEARS CAN’T GET THE PRICE DOWN"
Holy shit! Is this the title of an article posted on a news website ? Talking about being a frustrated dumb autistic bull that bought at $1000 and is now angered by the fact that the bubble exploded like a grenade right in front of his retarded looking face.
"But mommy, i thought...i thought that..."
Shut the fuck up!
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Dump3er
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January 17, 2015, 09:47:16 PM |
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...Since the weak hands won't be there to dump into a rally, it will be stronger and more sustained. This is why large reversals follow large crashes, and vice versa.
So... The worse things look, the better they actually are? I think I'm starting to understand. Exactly. But you don´t follow this rule searching for girlfriends, do you?
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Bisha
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January 17, 2015, 09:48:25 PM |
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If coindesk and a few others would publish articles like that we would have a bull market in 1 day. Oh I love the power of the hype
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ChartBuddy
Legendary
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 17, 2015, 10:00:01 PM |
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Bitfinex Bitstamp Explanation
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Bitcoin_BOy$
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January 17, 2015, 10:04:39 PM |
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This is a hard time for me I don't know if i should sell or keep my btc
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ronald98
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January 17, 2015, 10:07:56 PM |
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This is a hard time for me I don't know if i should sell or keep my btc Judging by the volume it looks like everyone else is thinking the same way.
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esse83
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January 17, 2015, 10:11:00 PM |
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This is a hard time for me I don't know if i should sell or keep my btc Sell, but buy back with a loss if it establishes itself above $235 (last standing support line from nov2013 bubble that was broken in this last crash). It will be a strong buy signal, but it seems we will call 1xx home for some time now. We might go much lower (I think double digits are quite likely). But do as you please. Good luck. edit: Also the 3d chart looks terrible, absolutely nothing like we are used to see when we have a powerful recovery. Check it out.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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January 17, 2015, 10:12:08 PM |
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Everything about this screams indecision! Whichever way we break, it'll be massive.
Not necessarily. I'm half expecting a revisit to $160-$170 if things get bearish. But it will be on lower volume and act as a way to clear out the few remaining bears and weak hands--however the initial crash did a pretty good job with that--and will act as a spring upwards. Since the weak hands won't be there to dump into a rally, it will be stronger and more sustained. This is why large reversals follow large crashes, and vice versa. Found this on some thread. That is the second bottom you decribe, right? If we follow the 2011 pattern it seems to go perfect with my $266 sell and my $134 buy that I was planning
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esse83
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January 17, 2015, 10:13:25 PM |
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Everything about this screams indecision! Whichever way we break, it'll be massive.
Not necessarily. I'm half expecting a revisit to $160-$170 if things get bearish. But it will be on lower volume and act as a way to clear out the few remaining bears and weak hands--however the initial crash did a pretty good job with that--and will act as a spring upwards. Since the weak hands won't be there to dump into a rally, it will be stronger and more sustained. This is why large reversals follow large crashes, and vice versa. Found this on some thread. That is the second bottom you decribe, right? If we follow the 2011 pattern it seems to go perfect with my $266 sell and my $134 buy that I was planning Gox was around then, meaning Karpeles. He is gone and so is gox. But perhaps? Good luck.
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Bitcoin_BOy$
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January 17, 2015, 10:34:06 PM |
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Waw you are a good analyser . Please help me to analyse the price . Tricks not cheat
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 17, 2015, 10:35:54 PM |
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Gox was around then, meaning Karpeles. He is gone and so is gox. But perhaps? Good luck.
Karpeles is STILL around, but he doesn't play with his Willy...
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 17, 2015, 10:43:46 PM |
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If we follow the 2011 pattern it seems to go perfect with my $266 sell and my $134 buy that I was planning Seems like a very plausible scenario, 260 then drop to a new low. Or just straight to drop
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