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Author Topic: Bitcoin will not turn......  (Read 2649 times)
ElectricMucus
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November 11, 2011, 02:38:29 AM
 #21

Yeah I watched it, someone was trying to buy up the price, once we hit 2.85, failed and we got a spike now. The 15 min RSI got to 60 when the initial buy-up occurred and that's where it is standing now, it could bounce off at 3 or gradually move down again from here.
In case it does overshoot, people have plenty of margins at this point... that's gonna be awful for the bulls...
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November 11, 2011, 03:09:15 AM
 #22

It's going to take a lot to push down into the low 2's now; right now old_engineer seems to be getting his wish of hovering around the $3 mark. We went down earlier today, but now we seem to be trending back up.

Can you predict yesterday's weather too?
Here's the prediction for tomorrow: Rates are going to go up. Unless they're going down. We can also see a combination of the two events, where it will stay stable.

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November 11, 2011, 03:31:45 AM
 #23

It's going to take a lot to push down into the low 2's now; right now old_engineer seems to be getting his wish of hovering around the $3 mark. We went down earlier today, but now we seem to be trending back up.

Can you predict yesterday's weather too?
Here's the prediction for tomorrow: Rates are going to go up. Unless they're going down. We can also see a combination of the two events, where it will stay stable.

i don't know why but i have a feeling that you will be wrong. this time for sure!
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November 14, 2011, 02:41:54 AM
 #24

lol
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