Imminent fall ?

[Kiaya]

Great post - I'm seeing exactly the same thing.

[1714811027]

1714811027

[1714811027]

1714811027

[mobile]

Low volume, bearish feeling all around...

Maybe a big fall tomorrow ?  

What do you think ?

Nice graph, unfortunately, Im "sense"/leaning more towards a fall. As far as it being tomorrow, could be or this could ride out a bit. The curiosity of what the market will do on July 12. No FUD'ster here just my opinion. Only time will tell....

[cbeast]

Markets are irrational, therefore you should stop looking at charts and make decisions based only on the fundamentals (which are mostly positive last time).

Charts are self-fulfilling prophesy. It depends on how many magical-thinkers are in the Bitcoin community. If there are a lot, then prepare for their irrational prognostications, but watch for evidence of real-world causatives.

[Dalib]

just ...

If you look at it this way...



Notice how volume rises with price drops and lowers with price rises?

yes traders do not want to risk back to up ...

[marvinrouge]

A new triangle again  

[Walsoraj]

Will need a USD-tsunami to stop these fractal things. Fortunately, I can do this. just hold on to your seats.

[marvinrouge]

If your tsunami doesn't come, we could fall again in about 4 hours and fall to 51-55, according to the chart

[Walsoraj]

If your tsunami doesn't come, we could fall again in about 4 hours and fall to 51-55, according to the chart

Don't fret. Finger is on Buy-BTC button. Waiting on precise moment tho.

[fulepp]

Will need a USD-tsunami to stop these fractal things. Fortunately, I can do this. just hold on to your seats.

I am just wondering how a jr member who's account not even 24 hours old could do this. Unless he is an evil other half of a bearish person.

[dominicus]

Nice to hear folks talking about "fundamentals".

"Fundamentals" you say?  In the context of bitcoin, which are the "fundamentals"?

We could talk fundamentals around $1.82/BTC.

[Jozzaboy]

If your tsunami doesn't come, we could fall again in about 4 hours and fall to 51-55, according to the chart

Don't fret. Finger is on Buy-BTC button. Waiting on precise moment tho.

It's a pretty good time to buy. People are starting to capitulate.

[Walsoraj]

Will need a USD-tsunami to stop these fractal things. Fortunately, I can do this. just hold on to your seats.

I am just wondering how a jr member who's account not even 24 hours old could do this. Unless he is an evil other half of a bearish person.

I post for credibility points post-USD buy tsunami. Once posters here trust me, we can get on the same boat together and steer the BTC ship more accurately.

[dominicus]

Clap if you're buying BTC right now " 'cause it's a nice entry point"!

[Walsoraj]

If your tsunami doesn't come, we could fall again in about 4 hours and fall to 51-55, according to the chart

Don't fret. Finger is on Buy-BTC button. Waiting on precise moment tho.

It's a pretty good time to buy. People are starting to capitulate.

Nice humor. But capitulation already occurred. Why else would I be in a boat floating in bloody wallstreets? The capitulators are all dead. Time for the mega-whale/bulls.

[zhangweiwu]

Markets are irrational, therefore you should stop looking at charts and make decisions based only on the fundamentals (which are mostly positive last time).

Hey, Markets are irrational, OK, that's a good hypothesis, but how did you irrationally jump to your conclusion?

Why not it be:

Markets are irrational, therefore you should stop thinking about fundamentals and looking at charts to understand the sentiment of others.

[RyNinDaCleM]

Will need a USD-tsunami to stop these fractal things. Fortunately, I can do this. just hold on to your seats.

I am just wondering how a jr member who's account not even 24 hours old could do this. Unless he is an evil other half of a bearish person.

Look at his name closely, then look at his avi

Now look here https://bitcointalk.org/index.php?action=profile;u=101735

[Walsoraj]

Markets are irrational, therefore you should stop looking at charts and make decisions based only on the fundamentals (which are mostly positive last time).

Hey, Markets are irrational, OK, that's a good hypothesis, but how did you irrationally jump to your conclusion?

Why not it be:

Markets are irrational, therefore you should stop thinking about fundamentals and looking at charts to understand the sentiment of others.

Agree that it is best to use direct intuition to access minds of other market-participants.

[Walsoraj]

Will need a USD-tsunami to stop these fractal things. Fortunately, I can do this. just hold on to your seats.

I am just wondering how a jr member who's account not even 24 hours old could do this. Unless he is an evil other half of a bearish person.

Look at his name closely, then look at his avi

Now look here https://bitcointalk.org/index.php?action=profile;u=101735

I expose this fool who posed as mega-bull only to recently reveal he is super-model trendy.

[Malawi]

I am a bull so I think it is going to go up.  There is some good news out there and now that Mt. Gox is supposedly allowing for withdrawals things should be better.

I also really liked this news about imminent adoption in Africa in the Press today: https://bitcointalk.org/index.php?topic=250027.0

Maybe I am too eager to look for positive news in the midst of all of this but it looks very promising.

Why would less USD in MtGox lead to higher prices?

AFAIK, the problems with withdrawing should lead to a buying pressure and higher prices as people buy to move BTC out(to other exchanges) instead of dollars.

[dominicus]

Clap if you're buying BTC with USD you shouldn't spend!