THE DUMP

[numismatist]

Yes I can see that "D PRICE LEVEL" but does anybody really believes in picking up moar below 840 bucks? Silly!

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[Wind_FURY]

If things happen in the opposite manner we'll experience a dump to the maximum of $600.

Can be dump to $890 - $930

Bored people who make it their hobby to trade Bitcoin read a lot of books about technical analysis and do all the elaborate charts that does not really predict anything. 

 

Really? I disagree

What I mean is the amateur traders who can make elaborate, nice looking charts but in reality they are usually the breakeven or losing traders. I know making some Bitcoins from trading is nice. But most of the amateur traders in the forum are generally looking more for validation.

[Victorycoin]

i wonder how to make the chart like this because i don't know how to do it. but if this is really happen, then the chances to getting down its really big and we can see the price is down to deep, it will make many people getting panic especially in the market, people will sell their bitcoin as soon as they can because they don't want to get loss and they can make invest with low price in that time.

Bored people who make it their hobby to trade Bitcoin read a lot of books about technical analysis and do all the elaborate charts that does not really predict anything. While the real professionals are very quiet about what they are really doing and yet the are the individuals who are making the real money by trading. Most of the time the hobbyists are mostly looking for validation in their lives.

You may want to know that those technical analysis also works good with Bitcoin, except one does not know what to look at. In the absence of any significant news, what usually rules the market is technical analysis and any trader that is able to recognize and capture those butterfly formations cannot be say to be a hobbyist. It takes keen interest and passion to be able to come this far in trading.

What the analysis is actually saying is that we should expect test of key support levels before price shots to new highs and that is not something strange as many more traders will rush to take profit as price keeps increasing and then there would be a drop in price for another opportunity to buy at lower prices - that is just it, the raw figures there only serve as guide.

[Wind_FURY]

I did not expect this new price rise to happen again this soon. So let us ask _nur again to spend another 2 hours to create another projection on where the price of Bitcoin will be.

This proves my point that the people who like to show off their charting skills are usually amateur traders looking for validation while the real traders are very quiet and are making money.

[Zadicar]

I did not expect this new price rise to happen again this soon. So let us ask _nur again to spend another 2 hours to create another projection on where the price of Bitcoin will be.

This proves my point that the people who like to show off their charting skills are usually amateur traders looking for validation while the real traders are very quiet and are making money.

We are now on the new ATH of bitcoins price which on $1200+ and for OP if he waited a little bit more before selling his stash maybe he could able to generate more profits.Id like to see the new plots been displayed above too since they make use of Harmonic and Fibonacci which is really good for technical analysis.

[edgar]

lmao @ op

[Wind_FURY]

I did not expect this new price rise to happen again this soon. So let us ask _nur again to spend another 2 hours to create another projection on where the price of Bitcoin will be.

This proves my point that the people who like to show off their charting skills are usually amateur traders looking for validation while the real traders are very quiet and are making money.

We are now on the new ATH of bitcoins price which on $1200+ and for OP if he waited a little bit more before selling his stash maybe he could able to generate more profits.Id like to see the new plots been displayed above too since they make use of Harmonic and Fibonacci which is really good for technical analysis.

If it come from the amateur traders here in this forum, it would be better if you do not see it. What they come up with is useless and it mostly causes you to lose your money. Deep down they know they do not know what they are doing. They are only following what they have read in a book, from a forum or an instructional video on youtube.

lmao @ op

This cannot be stressed enough.

[numismatist]

I did not expect this new price rise to happen again this soon. So let us ask _nur again to spend another 2 hours to create another projection on where the price of Bitcoin will be.

This proves my point that the people who like to show off their charting skills are usually amateur traders looking for validation while the real traders are very quiet and are making money.

Presented charts can result into http://en.wikipedia.org/wiki/Herd_behavior which is sometimes dubbed as a self fulfilling prophecy. Forum sentiment so often gets caught up be the quiet ones you mentioned. Deep sea creatures of huge size, so to speak.
Enough reason to give a damn to these charts, trading into the oposite direction.

[Wind_FURY]

I did not expect this new price rise to happen again this soon. So let us ask _nur again to spend another 2 hours to create another projection on where the price of Bitcoin will be.

This proves my point that the people who like to show off their charting skills are usually amateur traders looking for validation while the real traders are very quiet and are making money.

Presented charts can result into http://en.wikipedia.org/wiki/Herd_behavior which is sometimes dubbed as a self fulfilling prophecy. Forum sentiment so often gets caught up be the quiet ones you mentioned. Deep sea creatures of huge size, so to speak.
Enough reason to give a damn to these charts, trading into the oposite direction.

Even if it means that you will lose a big part of your capital in the process? That would be a big mistake if you follow investment advice from unknown people in the forum who mostly does not know what they are doing.

[ask]

I just got info that SEC approved Winklevoss fund.

[Karpeles]

I just got info that SEC approved Winklevoss fund.

can't see anything anywhere, where your info comes from?

I hope you are not trolling, sir

they made an announcement, but was not an approved/disapproved and not directly related to BTC, as you can see by yourself

https://www.sec.gov/news/statement/stein-evidence-summit-031017.html

[Gillette]

I just got info that SEC approved Winklevoss fund.

can't see anything anywhere, where your info comes from?

I hope you are not trolling, sir

they made an announcement, but was not an approved/disapproved and not directly related to BTC, as you can see by yourself

https://www.sec.gov/news/statement/stein-evidence-summit-031017.html

Don`t pay attention to "ask". He`s a famous troll. Sometimes he`s bullish, next day he call "dump it asap".

[btcmerich]

Always have " Dont Ask dont tell " in your head when you read his troll posts