Time for another bull move

[afbitcoins]

Pop! ..... and bounce ?

I've updated that line on this log chart here



That looks very much like a validation of the line to me!

Up up and away...

[Miz4r]

That looks like a nice shakeout candle to me there. Up we go!

[dandirk]

I don't think anything popped... This was just a large sell off by 1 or more organized people/groups.  Went down less then 10% then in less then an hour recovered 50% of the loss.

That moving support line is looking pretty good though:)

[afbitcoins]

I don't think anything popped... This was just a large sell off by 1 or more organized people/groups.  Went down less then 10% then in less then an hour recovered 50% of the loss.

That moving support line is looking pretty good though:)

You're right. It did look a bit like a pop when i first glanced at it on the 10 day chart though !   

[fourkey2001]

I don't think anything popped... This was just a large sell off by 1 or more organized people/groups.  Went down less then 10% then in less then an hour recovered 50% of the loss.

That moving support line is looking pretty good though:)

You're right. It did look a bit like a pop when i first glanced at it on the 10 day chart though !   

NO ITS BEAR HOUR!!!

[afbitcoins]

I don't think anything popped... This was just a large sell off by 1 or more organized people/groups.  Went down less then 10% then in less then an hour recovered 50% of the loss.

That moving support line is looking pretty good though:)

You're right. It did look a bit like a pop when i first glanced at it on the 10 day chart though !   

NO ITS BEAR HOUR!!!

Ooops forgot that, sorry 

[dandirk]

NO ITS BEAR HOUR!!!

[Miz4r]

I don't think anything popped... This was just a large sell off by 1 or more organized people/groups.  Went down less then 10% then in less then an hour recovered 50% of the loss.

That moving support line is looking pretty good though:)

You're right. It did look a bit like a pop when i first glanced at it on the 10 day chart though !  

NO ITS BEAR HOUR!!!

Ok one hour playtime for you bears, you deserve to have a little fun now and then too. But after that it's back in your cage again, no more tears.

[fourkey2001]

Lets get it down... then buy back... as bulls and then sell as bears!

Its all good

[afbitcoins]

Heres an update to that support line on a 2 month log chart



Maybe the bears will have the last laugh, its close.

[yokosan]

Here is my prediction for next weeks trading on Mt.Gox

[notme]

Heres an update to that support line on a 2 month log chart



Maybe the bears will have the last laugh, its close.

As I said in the bear thread:

Looks like we finally got a little bit of movement again. No test of old lows so far, but the day isn't over yet.

Thoughts?

The bull case still has some ground to stand on, but they need to hold it here.  Daily RSI bouncing below 50 may make that difficult.

[bitcon]

Here is my prediction for next weeks trading on Mt.Gox

i didnt know the US govt. had jurisdiction in Japan.

[notme]

Here is my prediction for next weeks trading on Mt.Gox

i didnt know the US govt. had jurisdiction in Japan.

They have jurisdiction over the .com domain names.

[KS]

Here is my prediction for next weeks trading on Mt.Gox

i didnt know the US govt. had jurisdiction in Japan.

They have jurisdiction over the .com domain names.

And the 7th fleet to prove their point if Japan finds anything to say against it

[BitPirate]

Here is my prediction for next weeks trading on Mt.Gox

i didnt know the US govt. had jurisdiction in Japan.

They have jurisdiction over the .com domain names.

And the 7th fleet to prove their point if Japan finds anything to say against it

Wait, you're proud of the fact that your government can censor the Internet?

[notme]

Here is my prediction for next weeks trading on Mt.Gox

i didnt know the US govt. had jurisdiction in Japan.

They have jurisdiction over the .com domain names.

And the 7th fleet to prove their point if Japan finds anything to say against it

Wait, you're proud of the fact that your government can censor the Internet?

I'm not.

Besides, they can't really censor it... just certain TLDs.  It's pretty easy to get a new domain that isn't in their jurisdiction.

[afbitcoins]

Heres an update to that support line on a 2 month log chart



Maybe the bears will have the last laugh, its close.

As I said in the bear thread:

Looks like we finally got a little bit of movement again. No test of old lows so far, but the day isn't over yet.

Thoughts?

The bull case still has some ground to stand on, but they need to hold it here.  Daily RSI bouncing below 50 may make that difficult.

The weak response to touching that support has me a bit concerned I have to admit, I was hoping for a stronger reaction than that.

[afbitcoins]

Here is my prediction for next weeks trading on Mt.Gox

Lol can't see it happening though. If it did there'd be uproar. Theres a better way to deal with bitcoins if you don't like them, send in a trojan horse -> Ripples

[KS]

Here is my prediction for next weeks trading on Mt.Gox

i didnt know the US govt. had jurisdiction in Japan.

They have jurisdiction over the .com domain names.

And the 7th fleet to prove their point if Japan finds anything to say against it

Wait, you're proud of the fact that your government can censor the Internet?

My government can't do jack to censor the internet. It'll be the day those idiots will be able to use a smartphone without some aide acting as a go-between interface...