Down trend --- old thread

[afbitcoins]

This is the down trend we're in just now, looking for support at $100 give or take.



(chart taken from a bit earlier today, 1 month log chart)

[Crazy]

Guess we'll know shortly.

And as I typed, the $100 wall halved.

Godspeed

[afbitcoins]

Guess we'll know shortly.

And as I typed, the $100 wall halved.

Lol

[bitleif]

And the walls came down .. all the way to hell
http://www.youtube.com/watch?v=ReQsRgQXgQY

[crazy_rabbit]

yeah, about that OP.....

[BitMay]

It si below 100 USD .

[afbitcoins]

It si below 100 USD .

Yes, so much for that theory

[Cluster2k]

All graphs predicting the future are drawn with the author's bias in mind.  Where the period of comparison starts and stops is purely up to the individual.  I bet someone will soon post a graph showing that we're still in a massive once-in-a-lifetime bull market by simply starting the graph a little earlier.

[jpdoctor]

Yes, so much for that theory

But it will never cross the $95 line!  
http://www.youtube.com/watch?v=zkzWyOaS8kU

[Bro]

All graphs predicting the future are drawn with the author's bias in mind.  Where the period of comparison starts and stops is purely up to the individual.  I bet someone will soon post a graph showing that we're still in a massive once-in-a-lifetime bull market by simply starting the graph a little earlier.

I thought everyone knew that. I was mistaken.

[Dr.Steve]

Market depth appears to be shifting to bullish.
(opinion: as with everything else on this forum section is worth the price you pay for it.)

[UltimateReaper]

Market depth appears to be shifting to bullish.
(opinion: as with everything else on this forum section is worth the price you pay for it.)

Weathering the storm, waiting for the people to rally. Waiting for the right time to strike. I refuse to lose this game.

[Wuji]

Market depth appears to be shifting to bullish.
(opinion: as with everything else on this forum section is worth the price you pay for it.)

Weathering the storm, waiting for the people to rally. Waiting for the right time to strike. I refuse to lose this game.

Weapons not food, not homes, not shoes
Not need, just feed the war cannibal animal
I walk tha corner to tha rubble that used to be a library
Line up to tha mind cemetary now
What we don't know keeps tha contracts alive an movin'
They don't gotta burn tha books they just remove 'em
While arms warehouses fill as quick as tha cells
Rally round tha family, pockets full of shells

Come wit it now!
Bulls on parade!  
Bulls on parade!
Bulls on parade!
Bulls on parade!
Bulls on parade!
Bulls on parade!

[Zangelbert Bingledack]

Perfect reversion to the 2013 exponential trendline at $100, with of course a little overcorrection to $95.

[UltimateReaper]

Market depth appears to be shifting to bullish.
(opinion: as with everything else on this forum section is worth the price you pay for it.)

Weathering the storm, waiting for the people to rally. Waiting for the right time to strike. I refuse to lose this game.

Weapons not food, not homes, not shoes
Not need, just feed the war cannibal animal
I walk tha corner to tha rubble that used to be a library
Line up to tha mind cemetary now
What we don't know keeps tha contracts alive an movin'
They don't gotta burn tha books they just remove 'em
While arms warehouses fill as quick as tha cells
Rally round tha family, pockets full of shells

Come wit it now!
Bulls on parade!  
Bulls on parade!
Bulls on parade!
Bulls on parade!
Bulls on parade!
Bulls on parade!

    
You know the rules and so do I...
A full commitment's what I'm thinking of...
You wouldn't get this from any other guy...
I just wanna tell you how I'm feeling...
Gotta make you understand...

NEVER GONNA GIVE YOU UP

[papaminer]

Guess we'll know shortly.

And as I typed, the $100 wall halved.

Godspeed

yup! going up all the way... no trolls gonna bring us down!

[XXthetimeisnowXX]

bull trap at 106. sad i want to have my coins worth 500. not going to happen.....ten years from now we will be like oh you remember nintendo 64?...er i mean btc. they were fun. those were the good days.

[bitcon]

bull trap at 106. sad i want to have my coins worth 500. not going to happen.....ten years from now we will be like oh you remember nintendo 64?...er i mean btc. they were fun. those were the good days.

so much for believing in this thing and remaining positive, eh?

[SgtSpike]

bull trap at 106. sad i want to have my coins worth 500. not going to happen.....ten years from now we will be like oh you remember nintendo 64?...er i mean btc. they were fun. those were the good days.

I'm glad you can extrapolate the next 10 years of BTC price valuation from a single price point @ $106.

[afbitcoins]

All graphs predicting the future are drawn with the author's bias in mind.  Where the period of comparison starts and stops is purely up to the individual.  I bet someone will soon post a graph showing that we're still in a massive once-in-a-lifetime bull market by simply starting the graph a little earlier.

Whats your point? On my blog I often draw lines going back earlier and state my long term bullishness.  I was using this line to make a specific prediction. A bounce at $100


Anyway we got a bounce a shade lower than I predicted but not much. (And I did say $100 'give or take' in my initial post)