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JustAnotherSheep
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May 24, 2014, 10:22:09 AM |
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On Finex we have 6k coins to even touch $500. We've got about 36 hours of weekend left. I do not think we will see 460.
Fair point, though it's important to keep in mind that walls can (and regularly do) get pulled. |
Is it a bull? Is it a bear? No, it's just another sheep.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Essex343
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May 24, 2014, 07:59:30 PM |
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On Finex we have 6k coins to even touch $500. We've got about 36 hours of weekend left. I do not think we will see 460.
Fair point, though it's important to keep in mind that walls can (and regularly do) get pulled. stamp is 4k to 500, and that is more important to me. i trade on bitfinex, but tbh, walls on bitfinex (that aren't shared liquidity from bitstamp) have a pretty high tendency to evaporate. and walls at 500 are pretty meaningless when those putting them up know we are $25 away from touching them. on bitfinex you can make support appear very strong just with margin bids very from price action... |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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May 24, 2014, 08:29:31 PM |
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On Finex we have 6k coins to even touch $500. We've got about 36 hours of weekend left. I do not think we will see 460.
Fair point, though it's important to keep in mind that walls can (and regularly do) get pulled. stamp is 4k to 500, and that is more important to me. i trade on bitfinex, but tbh, walls on bitfinex (that aren't shared liquidity from bitstamp) have a pretty high tendency to evaporate. and walls at 500 are pretty meaningless when those putting them up know we are $25 away from touching them. on bitfinex you can make support appear very strong just with margin bids very from price action... 4k to 500, its Saturday and the market is up slightly on the day. We have already retraced to the 38% fib level and are now higher. It looks bullish to me. |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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May 25, 2014, 05:27:34 AM |
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Lucio, where are you, we need that "To the moon" you said in September/October. Come on  |
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zby
Legendary
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Activity: 1592
Merit: 1001
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May 25, 2014, 05:38:23 AM |
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Cup and handle on daily charts (handle slightly small) - target above 670.
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cAPSLOCK
Legendary
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Activity: 3738
Merit: 5127
Whimsical Pants
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May 25, 2014, 06:08:27 AM |
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Bitfinex leading the move suggests a short squeeze.
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CEG5952
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May 25, 2014, 07:02:59 AM |
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Bitfinex leading the move suggests a short squeeze.
True. Bitfinex seemed to have a lot to do with that last leg, and also seeing some bearish divergences on the 4hour chart (RSI, MACD histogram). Really hard to say what is going to happen next. Glad you pointed this out! |
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sumantso
Legendary
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Activity: 1050
Merit: 1000
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June 01, 2014, 12:52:49 PM |
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So what does the analysis say now?
Is the the multi year bear market scenario forecasted by masterluc still valid?
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g4c
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June 01, 2014, 03:04:12 PM |
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So what does the analysis say now?
Is the the multi year bear market scenario forecasted by masterluc still valid?
computer says no! : $bMultiYearBearMarket = false; |
CORTEX7 Multi exchange Bitcoin trading client for Win, Mac, Nix, Android.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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June 01, 2014, 03:09:09 PM |
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So what does the analysis say now?
Is the the multi year bear market scenario forecasted by masterluc still valid?
That was always extremely stupid claim. Luc knows his job but sometimes act as troll. To claim Bitcoin is set for multiyear bear market in the year when it is gaining attention from all sides, when it is set to be regulated and as such safer investment, when it is set to hit Wallstreet is just out of this world. I'd like to hear Luc's view on current situation but that one was very stupid one. |
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sumantso
Legendary
Offline
Activity: 1050
Merit: 1000
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June 01, 2014, 04:09:55 PM |
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So what does the analysis say now?
Is the the multi year bear market scenario forecasted by masterluc still valid?
That was always extremely stupid claim. Luc knows his job but sometimes act as troll. To claim Bitcoin is set for multiyear bear market in the year when it is gaining attention from all sides, when it is set to be regulated and as such safer investment, when it is set to hit Wallstreet is just out of this world. I'd like to hear Luc's view on current situation but that one was very stupid one. He predicted based on his wave analysis, and I am just wondering if the current trend is still holding the pattern. |
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masterluc (OP)
Legendary
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Activity: 938
Merit: 1013
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June 01, 2014, 04:34:36 PM |
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Sold most in short term near daily sma200
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CryptoLenin
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June 01, 2014, 04:52:18 PM |
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Sold most in short term near daily sma200
So you're completely in fiat for now? Why? |
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BldSwtTrs
Legendary
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Activity: 861
Merit: 1010
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June 01, 2014, 04:56:48 PM |
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Sold most in short term near daily sma200
So you're completely in fiat for now? Why? He hates money. |
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notme
Legendary
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Activity: 1904
Merit: 1002
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June 01, 2014, 05:30:28 PM |
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How bullish divergence turns into bearish  This is the first post I had not seen in this thread. I've been away for a while, busy with school. But it is on it's way through these levels again, just in the opposite direction. |
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Bitcoin_is_here_to_stay
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June 01, 2014, 06:28:30 PM |
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Sold most in short term near daily sma200
What price was it? where do you hope to buy back? |
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igorr
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June 01, 2014, 06:29:01 PM |
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Sold most in short term near daily sma200
What price was it? where do you hope to buy back? Willy bot working hard to rise up the bitcoin price, and trying to adapt us to the new level price, but this will be short term, and after that coming final fall and bitcoin the end. Bistamp or or any other exchange will be shutdown. (mining factor will be below 1 cents per GH at 24hr)  View Screen Capture[/u |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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lebing
Legendary
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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June 02, 2014, 02:07:05 PM |
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Sold most in short term near daily sma200
What price was it? where do you hope to buy back?  Looks to be about 650 is where he sold. Probably hoping for a bounce to SMA 20 before returning back up. That is a seriously ballsy play though in this market. |
Bro, do you even blockchain?
-E Voorhees
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everbox
Newbie
Offline
Activity: 27
Merit: 0
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June 05, 2014, 08:22:47 AM |
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650 sell 30% of my bitcoin, waiting for 600..
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zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
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June 05, 2014, 08:37:58 AM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 |
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