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Sandia
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July 24, 2014, 10:21:50 PM |
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I am not a TA guy but I was mostly right. I do think support and trend lines are real.
Yesterday, I expected a drop to $605 today, then a ramp to $630 or higher. Once we bounced off the longterm trendine at $596 instead, i expected we would hit $605-610 before days close (12am UTC), and $625 or so tomorrow. All based on support and trend lines.
Ask me why we blew thru the support in the low $600's and I have no idea.
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undeadbitcoiner
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July 24, 2014, 10:22:53 PM |
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it is completly ghard to define where and how the price will move but one price is confirm what i can tell is
not less then 400, Whatever happens price will never go down less then $400
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ArbatDeli
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July 24, 2014, 10:28:03 PM |
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rebound in progress? or ignition.. we shall see  Looks like double bottom to me. But we might just retrace and then continue more down.  I am still not sure about double bottom yet, but let's wait more then it will confirm, if there is or not. Yeah, still seeing a double bottom here off 3700 lows. But not sure that this bear move is done. |
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justusranvier
Legendary
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Activity: 1400
Merit: 1013
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July 24, 2014, 10:29:46 PM |
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He's resigning to throw himself fully at BTC. A strange reason to panic.
It would not be the strangest reaction the market has ever had to incoming news. |
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hmmmstrange
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July 24, 2014, 10:32:30 PM |
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Part of me misses the DDOS's on exchanges and the 10's of minutes of trading lag.
We've come a long way.......
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empowering
Legendary
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Activity: 1078
Merit: 1441
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July 24, 2014, 10:32:58 PM
Last edit: July 24, 2014, 10:49:19 PM by empowering |
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After the consolidation we have had and the decreasing almost all time low volatility- and coupled with the very low volume- in my opinion WHEN the move happens - there will be no mistaking it, the volume will confirm. Though beware of traps. Eitherway - so far not much to see... but it is warming up.   What's going on? I'm afraid what'll happen the coming week. It's Sunday, so do you think we might see another Sunday night rise/pump or are we in for a Monday-Monday-Manic-Crash? Where are our long-term support lines we're supposed to bounce of now?
765 750 735 710 676 666 654 636 629 =623 618-614 609601 586 ish 565 530/5 500 476 435/430 Personally I think we are in for an interesting week - mid term decision time is nearly upon us... I will be looking thursday/friday, although who knows what will happen Monday... This sideways has got to be up sooooooooon Nothing to do with the cycle, but eitherway this sideways cannot go on much longer - if we are still sideways come the 1-8th Aug - I will be shocked.
I have been shocked before so no biggie but just sayin'.
Talking of sideways - dats about how I am right around now - I think it might be the buckets of rum and coke flying around... f'kin love this place.
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Davyd05
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July 24, 2014, 10:36:37 PM |
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my guess, is these plays are confirming bear whale manipulation. Trying to create panic out of thin air since we've been off the react to China tip for a while now.
Again I feel things like Coinsetter, Circle going live will bring more buyers who just weren't ready to buy, yet! And Barry going full-time exchange operator bodes well for the competitive atmosphere surrounding the race for an industry standard bitcoin exchange.
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ArbatDeli
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July 24, 2014, 10:39:08 PM |
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Part of me misses the DDOS's on exchanges and the 10's of minutes of trading lag.
We've come a long way.......
I'm okay without it. Feels less likely to flash crash this way. |
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JorgeStolfi
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July 24, 2014, 10:41:16 PM |
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He's resigning to throw himself fully at BTC. A strange reason to panic. That is just what the public announcement says. You cannot take such announcements at face value. He may have been fired or he may have left, for any of many reasons. |
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ArbatDeli
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July 24, 2014, 10:45:42 PM |
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He's resigning to throw himself fully at BTC. A strange reason to panic. That is just what the public announcement says. You cannot take such announcements at face value. He may have been fired or he may have left, for any of many reasons. Stop raining on our parade here. |
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minerpumpkin
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July 24, 2014, 10:46:19 PM |
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Today was a bad day. Just because we broke the 600s. I never wanted to go south of that. Nothing good comes of this. We can just hope that this at least fostered our support lines. But the rebound was pathetic at best.
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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July 24, 2014, 10:48:39 PM |
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Today was a bad day. Just because we broke the 600s. I never wanted to go south of that. Nothing good comes of this. We can just hope that this at least fostered our support lines. But the rebound was pathetic at best.
Did you sell below 600? No? the who cares where the price went ... |
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empowering
Legendary
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Activity: 1078
Merit: 1441
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July 24, 2014, 10:50:21 PM |
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DO YOU THINK THIS IS A YOLK? Ha ha I love you a bit  |
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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July 24, 2014, 10:50:42 PM |
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He's resigning to throw himself fully at BTC. A strange reason to panic. That is just what the public announcement says. You cannot take such announcements at face value. He may have been fired or he may have left, for any of many reasons. He's going to lead a spin-off focusing on digital currencies (read: Bitcoin). |
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ChartBuddy
Legendary
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Activity: 2366
Merit: 1822
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 24, 2014, 11:00:08 PM |
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minerpumpkin
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July 24, 2014, 11:09:50 PM |
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Today was a bad day. Just because we broke the 600s. I never wanted to go south of that. Nothing good comes of this. We can just hope that this at least fostered our support lines. But the rebound was pathetic at best.
Did you sell below 600? No? the who cares where the price went ... I'm kind of flattered that you care about me not selling my BTC at a bad price  Just made my day a tad better |
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JorgeStolfi
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July 24, 2014, 11:11:18 PM |
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He's going to lead a spin-off focusing on digital currencies (read: Bitcoin).
[troll]Or Realcoin? [/troll] |
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kireinaha
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July 24, 2014, 11:27:46 PM |
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Well, at least I called it right last week when I voted that price would be $610 on 7/25. And once again, the bulls get slaughtered. Did anyone really think we would push past $720, or is that what they *wanted* to believe?
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Wary
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July 24, 2014, 11:29:05 PM |
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I know what it was. It's somebody tried the calendar trading. July 24th, the time to sell at the peak, right? |
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minerpumpkin
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July 24, 2014, 11:41:23 PM |
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Well, at least I called it right last week when I voted that price would be $610 on 7/25. And once again, the bulls get slaughtered. Did anyone really think we would push past $720, or is that what they *wanted* to believe?
I don't know if I'd go as far and call the current drop an instance of 'bull slaughtering'... But it's unnerving, yes! |
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