and the train is pulling away, 4 hours early, right on schedule

[arepo]

last chance come out of hibernation, bears! toot-toot.

and the FUD keeps rolling in. here's a list:

This is just the beginning of the crash.
WHY BITCOIN IS JUST A BUBBLE, HUGE FUNDAMENTAL FLAW
are we in a bear market now??
Real crash/correction coming.
Its not bottom yet. It will crash under 100 just wait for it.
There is not option for 140$ by bitcon
Google Trends and Main Client Downloads Are At Month Lows
CoinLab News = Price collapse
And..... CRASH!
Looks like a dying patient
How low we can go on this boubble ?

-===-

this is what a market bottom sounds like.

there is way too much FUD on this subforum for us to do anything but go right back up...

stay one step ahead pretty soon these panicky hands will realize that people actually want the bitcoins they're dumping on the market...

[1714800745]

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[1714800745]

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[1714800745]

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[1714800745]

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[1714800745]

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[smoothie]

let em wait.

[elux]

[blackreplica]

My best guess at this point is we overcorrected to 120 last night, then overextended in the other direction to 150 very quickly, before coming down to where we are now. Where we sit now, around 125-135 is (my guess) the return to mean which is where the imaginary growth line between Mar 1 to April 1 extended to today would sit.

My take: Some small ups and downs today, with the weekend, maybe shallow dip to 120s but as long as we stay above 120, a key support, we will resume climb at a gentle growth rate from 130 next week

[arepo]

new local highs?!

no! it can't be! we're in a BEAR MARKET.

right guise?

right?

right?

[Jaroslaw]

we are on the bottom of bottom right ?

[smoothie]

new local highs?!

no! it can't be! we're in a BEAR MARKET.

right guise?

right?

right?

RIGHT? 


"nkspace: I mean th...the...the...price on da graphz is so going downzah....meaning I canz byez cheaps coinsbit. "


hahaha

[BitPirate]

new local highs?!

no! it can't be! we're in a BEAR MARKET.

right guise?

right?

right?

It's so ridiculous. People clearly demonstrate they are willing to pay a premium, then weak hands get all panicky and dump at the slightest provocation. Then, of course, the price just gradually climbs right back up again, because there is no reason at all for the "crash".

Are people really expecting to invest on day-long timescales?

Can bears just... zoom out their charts... even just a little bit?

[arepo]

new local highs?!

no! it can't be! we're in a BEAR MARKET.

right guise?

right?

right?

It's so ridiculous. People clearly demonstrate they are willing to pay a premium, then weak hands get all panicky and dump at the slightest provocation. Then, of course, the price just gradually climbs right back up again, because there is no reason at all for the "crash".

Are people really expecting to invest on day-long timescales?

Can bears just... zoom out their charts... even just a little bit?

p sure this is exactly what happened. too many new traders on the way up from $130 -- they were all weak hands.

something else about a SR sale that saw vendors ending up with large amounts of coins, and needing to cash out to pay their costs, and maybe some of them panicking as well.

lots of panic selling.

and now we're oversold... will slowly climb to the balance point (and hopefully not bullishly overshoot again  )

-- a sleep deprived arepo

[YoYa]

Bah humbug! Just because I want to wait for the indicators to turn right doesn't make me a fud merchant or bear.

And now the hourly MACD is about to crossover, here come's the amateur rally!

Bollocks!

[GigaCoin]

Haha this thread is awesome 

[arepo]

-===-

1-month 6-hour scale:



-===-

there is clearly some error in the data points (the trendline underestimates the actual support), but that bounce is indicative of finding support along a lower trend.

-===-

1-month 6-hour scale:



-===-

only sellers now are sellin at the bottom, pigs gonna pig

[Jaroslaw]

-===-

1-month 6-hour scale:



-===-

there is clearly some error in the data points (the trendline underestimates the actual support), but that bounce is indicative of finding support along a lower trend.

-===-

1-month 6-hour scale:



-===-

only sellers now are sellin at the bottom, pigs gonna pig

U mad bro at pigs ?

[smoothie]

CHOO CHOO lol 

[Jaroslaw]

CHOO CHOO lol 

Then i switch to D1, and see TWO BIG RED CANDLES

[blackreplica]

[Jaroslaw]

Red Candles > Train

[smoothie]

Someone sounds butthurt...train left 

[Jaroslaw]

Someone sounds butthurt...train left  

I abandon it for a reason

[smoothie]

CHOOoo CHooOO