Bitcoin - Broken trend line

[Lusitanian Trader]

Bitcoin - Broken trend line

Zone supports

Chart of 240 minutes


Blog - Bull And Bear Markets

[testbug]

Hi there,
i just saw ur topic.

could u quickly try to explain to me, what a "bull trap" "bear trap" is? ofc this are hunting traps for animals
and i think its sth like "lets buy mass btc so its rising, so we can sell even more on higher price and rebuy after it drops down again".

is this true?

are you doing a blog on such things u think will happen?

[segeln]

Bitcoin - Broken trend line

too short-sighted in my opinion

[Lusitanian Trader]

Hi there,
i just saw ur topic.

could u quickly try to explain to me, what a "bull trap" "bear trap" is? ofc this are hunting traps for animals
and i think its sth like "lets buy mass btc so its rising, so we can sell even more on higher price and rebuy after it drops down again".

is this true?

are you doing a blog on such things u think will happen?

Below the resistance line is falling

[Lusitanian Trader]

Pullback and resistance

The trend line was broken, now is a resistance.
With the price below the resistance line, the market is Bears.

Chart of 240 minutes

Blog - Bull And Bear Markets

[proudhon]

Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

[sir faps]

Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Lol

[Bios Optimus]

Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Prooudhon, whats your logic? You dont think that in the coming months/Years that more people will use bitcoin as speculation and/or for currency?  Thanks in advance.

[damiano]

We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0. 

Care to put a wager on this?

[fr33d0miz3r]

Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Lol

why are you laughing? Proudhon is right.

[Lusitanian Trader]

Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

LOOOOOL 

[fr33d0miz3r]

[Milotyc]

http://s12.postimg.org/f1l389f99/watstrend.jpg

Wtf I keep looking but still can't find a broken trend  

[Lusitanian Trader]

Below the line, fall ...

[segeln]

Wtf I keep looking but still can't find a broken trend  

nor do I

[Miz4r]

LOL @ the people who can't see through the trolling.

[knightcoin]

make noise is cheap than make sense  ...

http://trollboxarchive.com/

Still HODL

[fr33d0miz3r]

get ready for blood rain

[proudhon]

Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Prooudhon, whats your logic? You dont think that in the coming months/Years that more people will use bitcoin as speculation and/or for currency?  Thanks in advance.

My logic is derived from clearly verified foreign language sources.  Mostly Chinese, but we're beginning to get some very bad news out of Russia.

[aminorex]

Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Prooudhon, whats your logic? You dont think that in the coming months/Years that more people will use bitcoin as speculation and/or for currency?  Thanks in advance.

Proudhon...logic... surely you jest.