adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 12, 2013, 05:39:36 AM |
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Feels pretty bearish. Lower low incoming, it seems: that data assumes the last candle is complete , the day just started. but it dose feel rather bearish, we might drop another 100 or 200$ before going to 10K lol! I honestly believe the big money wants everyone to sell here. DON'T DO IT!
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tHash
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December 12, 2013, 05:40:55 AM |
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Feels pretty bearish. Lower low incoming, it seems:
How does the fact that we had a higher low fit into your bearish sentiment? I still see a possibility we are in a closing triangle with a 6 day frequency, so we could go down for two more days yet before bouncing from a higher(than $576) low.
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Davyd05
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December 12, 2013, 05:49:44 AM |
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Missed you guys, I can't wait till the bears comprehend that there could be a eurozone bail in. That should create a real bubble if anything
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OldGeek
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Activity: 266
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Blitz:The price affects the perception of the news
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December 12, 2013, 05:58:31 AM |
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Missed you guys, I can't wait till the bears comprehend that there could be a eurozone bail in. That should create a real bubble if anything
They should be waking up about now in the EU. If they peek at BTC-e they might just jump in. China is still bearish and who knows what's up with gox. Stamp and BTC-e have been more or less on the same trend.
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DaRude
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Merit: 1914
In order to dump coins one must have coins
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December 12, 2013, 06:00:05 AM |
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did bitcoincharts.com pull btc-e from their list of USD markets?!?!
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 12, 2013, 06:01:15 AM |
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OldGeek
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 12, 2013, 06:01:29 AM |
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did bitcoincharts.com pull btc-e from their list of USD markets?!?!
It's working fine for me.
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solex
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100 satoshis -> ISO code
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December 12, 2013, 06:01:46 AM |
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MtGox really sliding down the ranks: exchange volume % volume ฿ last price bitstamp 35.9% 29710.3 865.4 USD btce 29.8% 24640.5 848.0 USD mtgox 24.8% 20525.1 902.5 USD https://bitcoinaverage.com/#USD|nomillibit
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 12, 2013, 06:03:38 AM |
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MtGox really sliding down the ranks:
Serves them right. They got the last ounce of blood from me.
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iarsenaux
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December 12, 2013, 06:05:27 AM |
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any bad news today? price in btcchina dropping again..
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OldGeek
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Blitz:The price affects the perception of the news
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December 12, 2013, 06:06:41 AM |
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Don't know of any bad news. Perhaps it is as some have implied; the news earlier is taking a while to fit the digestion.
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iarsenaux
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December 12, 2013, 06:08:34 AM |
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Don't know of any bad news. Perhaps it is as some have implied; the news earlier is taking a while to fit the digestion.
any good news today? I'm not yet updated.
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beetcoin
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December 12, 2013, 06:10:30 AM |
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MtGox really sliding down the ranks: exchange volume % volume ฿ last price bitstamp 35.9% 29710.3 865.4 USD btce 29.8% 24640.5 848.0 USD mtgox 24.8% 20525.1 902.5 USD https://bitcoinaverage.com/#USD|nomillibit score.. they are trailing behind bitstamp by about 9 million. i love when this happens, as the onus is on them to improve their system.
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Davyd05
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December 12, 2013, 06:10:58 AM |
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Missed you guys, I can't wait till the bears comprehend that there could be a eurozone bail in. That should create a real bubble if anything
They should be waking up about now in the EU. If they peek at BTC-e they might just jump in. China is still bearish and who knows what's up with gox. Stamp and BTC-e have been more or less on the same trend. Next Wed will probably have a more concrete outlook on the whole euro zone issues. The coins could be relatively cheap compared to a panic to protect savings
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OldGeek
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Blitz:The price affects the perception of the news
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December 12, 2013, 06:11:49 AM |
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any good news today? I'm not yet updated.
You mean besides the usual MtSux screw up? And, this forum going offline? Yeah. See the above postings about the possibility of placing BTC in an IRA. @Davy: I agree.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 12, 2013, 06:13:13 AM |
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seleme
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Duelbits.com
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December 12, 2013, 06:23:51 AM |
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That non-existing volume
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MAbtc
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December 12, 2013, 06:25:03 AM |
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Feels pretty bearish. Lower low incoming, it seems:
How does the fact that we had a higher low fit into your bearish sentiment? This leg isn't complete. I don't think it means anything unless the next leg is up, and convincingly. Buy pressure has been looking exhausted. Looking at volume, MFI and RSI give me very little hope that a rally can sustain. Some whales could try to prop up the price, but given the weakness behind the bounce from Friday, I think they know they risk being run over. Considering how the other exchanges followed China on the last drop, it's probably worthy to note that BTCChina's chart is more bearish than Gox. I'm not saying that a new uptrend is impossible. But previous trend was very much broken -- look at MACD, or the 2 lower highs/2 lower lows. But, shrug. I dunno. If this level holds, or we see a nice bounce on volume at 5050 CNY or $850, could just stave off the bears... Having cold storage and knowing that I made bundles of money the past month will console me if the market moves against me.
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OldGeek
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Activity: 266
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Blitz:The price affects the perception of the news
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December 12, 2013, 06:28:53 AM |
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Yeah. China had a pretty robust run up to about 6100 so this retrace to about half of the increase is likely to be profit taking. Still, that exchange seems really bearish to me.
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beetcoin
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December 12, 2013, 06:33:47 AM |
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has anyone realized how lopsided btc china is? when is there going to be competition there? that exchange by itself, when it's daytime there and night here, is bigger than every other exchanged combined.. that's nuts.
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