Bitcoin says ''Fuck you''

[Miz4r]

Bitcoin has sent a little message to all the bears today:



Be warned bears, don't fuck with the Bitcoin.

[bitwhizz]

I dont get your point? we havn't retraced, we are still sliding
disclaimer - i am a rational bull

[fr33d0miz3r]

I dont get your point? we havn't retraced, we are still sliding
disclaimer - i am a rational bull

I think he means something like this:

[bitwhizz]

I dont get your point? we havn't retraced, we are still sliding
disclaimer - i am a rational bull

I think he means something like this:

haha, amazing, well done on that

[xristoskostouros]

ahahhahahaha amazing!!!!

[samson]

LOL, looks like this one :



Head and shoulders top 

[RyNinDaCleM]

That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up.

http://www.investopedia.com/terms/h/head-shoulders.asp

You're welcome

Edit: Too slow, samson beat me to it

Edit #2: We had one at the $166 top which played out perfectly

[samson]

That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up.

http://www.investopedia.com/terms/h/head-shoulders.asp

You're welcome

Edit: Too slow, samson beat me to it

LOL, Sounds bearish to me

[Lohoris]

Bitcoin has sent a little message to all the bears today:



Be warned bears, don't fuck with the Bitcoin.

Lol you win 1 Internet, sir.
(delivered to your address)

[tinus42]

I like bears, they allow me to buy cheaper coins. What's not to like about that?

[RyNinDaCleM]

I like bears, they allow me to buy cheaper coins. What's not to like about that?

When they become EXPENSIVE coins

[samson]

Edit #2: We had one at the $166 top which played out perfectly

It's almost like someone's got a 'bot' programmed to draw these things out on the charts.

[Rakessh]

http://en.wikipedia.org/wiki/Head_and_shoulders_(chart_pattern)

So... the left shoulder being higher than the right shoulder, the price is going to continue to decline.

[ElectricMucus]

The irony ITT is quite stunning!

[whisper]

Have a big balls and looks like a skyrocket

[RyNinDaCleM]

http://en.wikipedia.org/wiki/Head_and_shoulders_(chart_pattern)

So... the left shoulder being higher than the right shoulder, the price is going to continue to decline.

No, that isn't really important. the neckline needs to be established. When it's below the "head" it breaks down. But that has already happened.

[Miz4r]

Lol you win 1 Internet, sir.
(delivered to your address)

Yay my first bitcoin tip ever. Cheers mate!

[bitwhizz]

basically we are expecting a small rally to 72 dollars, and then a further decline to who knows what according to this TA
i bet  we will be in the high 50's by friday

[Lohoris]

Lol you win 1 Internet, sir.
(delivered to your address)

Yay my first bitcoin tip ever. Cheers mate!

It's always good to cheer each other up! : )

[RyNinDaCleM]

The irony ITT is quite stunning!

Isn't it though?