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Bitcoin Forum > Economy > Economics > Speculation > Where we break the downward trend and rebound from the current bottom?
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Question: Where we break the downward trend and rebound from the bottom?
above $ 92 on the support line of 5.3 and 10.6. (light green) - 20 (24.4%)
around $ 85 to 61.8 Fibo last wave - 12 (14.6%)
about $ 79 (minimum of 5 May) - 8 (9.8%)
between 50-70 $, above the minimum of 16 April - 16 (19.5%)
between 30 to 40 $ (value as of February 2013) - 15 (18.3%)
lower Wink - 11 (13.4%)
Total Voters: 82

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Author Topic: Where we break the downward trend and rebound from the current bottom?  (Read 1947 times)
notme
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June 28, 2013, 08:23:35 AM
 #21
Quote from: Wagner2014 on June 28, 2013, 08:05:37 AM

So, of the 11.5 million current addresses, only about 600K have any coins. What conclusions can we draw from that, if any?

To the OP: will get back on topic soon Smiley

That most coins move after they are received.  That's about it.
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June 28, 2013, 08:27:16 AM
 #22
Quote from: Wagner2014 on June 28, 2013, 08:12:48 AM
I like your charts. A question, though: Why are you drawing your trend line (red) from the late April peak and not the early April peak?

April Peak (266) and low (49) were not in a linear trend line, so they are outside.
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June 28, 2013, 08:27:29 AM
 #23
Quote from: notme on June 28, 2013, 08:23:35 AM
Quote from: Wagner2014 on June 28, 2013, 08:05:37 AM

So, of the 11.5 million current addresses, only about 600K have any coins. What conclusions can we draw from that, if any?

To the OP: will get back on topic soon Smiley

That most coins move after they are received.  That's about it.

OK. Thanks.
Hello, fellow Bitcoin Billionaires!!
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June 28, 2013, 08:05:15 PM
 #24
We're exactly at the junction last lows (support line from May 3) on MtGox.

2 monthly triangle is complete.
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