Soon

[ThomasV]

kudos to Blitzboom
with a minimalist post and a squeletton, you created a 4 pages thread

[1714883408]

1714883408

[1714883408]

1714883408

[1714883408]

1714883408

[1714883408]

1714883408

[N12]

Weekend is coming.

[ineededausername]

Everyone should remember that the rally to 3.85 occurred during THE WEEKEND!

Ghost bidwalls are disappearing... are they moving up?

[proudhon]

Ghost bidwalls are disappearing... are they moving up?

Doesn't look like it.

[chickenado]

[bitcoinBull]

I wouldn't be surprised by a mild weekend retracement.  Those who did some profit-taking at $3 should have enough USD to buy the dip.  I would only expect very mild selling pressure since the mid-term technical indicators have turned positive accross-the-board (MACD, RSI, EMA, ..).

Bouncing back up from the dip, $3 will be broken (i.e. it will surge past; stalling at $3.10 like now means $3 is only being tested). 

Breaking $5 would all but confirm a reversal.  But that will require new deposits.  So I do expect some weekend dips and mid-week rallies, the correlation seen during the run up, but failed during the downtrend (when there weren't new deposits).

This is a 60 day heat-map that shows particular areas of price 'heat' or activity. It is a very good indicator of real price support confirmed by actual trading and not the mtgox depth chart, which is very misleading. You can see a lot of support at around $2.60, and a lot less at $2.90. Thats why I think the $2.90 area will be tested, and if it fails we will slide back to at least $2.60.

Is this your work? I found a similar thing on the forum which I used a while ago (unknowingly by the author) for orientation, but the webspace where these images were hosted & updated went down. I would really like to have access to something like it again ...

+1.  I also remember the other heat-map chart.  This new one is great and I hope to see more.

[ElectricMucus]

I have a guts feeling that we are entering a unprecedented volatility region, wild swings were encountered the last time from 2 to 3.5 but this time there are the big players involved.
All it would take is some counterpart to the person who owns the bidwall @2.9.

I think this time we are heading for 100% swings between 2 and 4, with the final result uncertain. Of course there is a possibility that the bidwall remains unchallenged in which case we would have stagnation and slow downwards movement till we reach the wall. Anyway I liquidated my long position, the amount of selling makes me doubt further upside this weekend.

Unless of course the buywall pops, that did cause a panic sell off every time.

[FlipPro]

I have a guts feeling that we are entering a unprecedented volatility region, wild swings were encountered the last time from 2 to 3.5 but this time there are the big players involved.
All it would take is some counterpart to the person who owns the bidwall @2.9.

I think this time we are heading for 100% swings between 2 and 4, with the final result uncertain. Of course there is a possibility that the bidwall remains unchallenged in which case we would have stagnation and slow downwards movement till we reach the wall. Anyway I liquidated my long position, the amount of selling makes me doubt further upside this weekend.

Unless of course the buywall pops, that did cause a panic sell off every time.

Was thinking the same thing.

[ineededausername]

I have a guts feeling that we are entering a unprecedented volatility region, wild swings were encountered the last time from 2 to 3.5 but this time there are the big players involved.
All it would take is some counterpart to the person who owns the bidwall @2.9.

I think this time we are heading for 100% swings between 2 and 4, with the final result uncertain. Of course there is a possibility that the bidwall remains unchallenged in which case we would have stagnation and slow downwards movement till we reach the wall. Anyway I liquidated my long position, the amount of selling makes me doubt further upside this weekend.

Unless of course the buywall pops, that did cause a panic sell off every time.

Was thinking the same thing.

I'll be watching out for that bidwall, but don't expect any movement further than $2.99 or so.

[ThomasV]

Weekend is coming.

weekends are terrible!

[N12]

I have tried to warn you. The more joy you get, the more pain will come.

The irrational bulls have declared victory, so surely we have topped out now at 3.38. The crash to below $1 will come anytime now. Just wait.

[Bitcoin_Silver_Supply]

Heh, amusing thread.

I was getting quite used to the mid-$2 range so this is interesting.

[wobber]

Blitzboom is talking nonsence. How could he know that? He just want's cheap coins

[N12]

Crash to below 1 USD incoming. Nagle was right. This is a huge bubble.

The irrational bulls are declaring victory.

[N12]

This thing is done. Just like it was in November. Get out while you can.

3.878 was not the bottom. S3052 is right. There will be another big selloff very soon.

Just wait.

[Oldminer]

This thing is done. Just like it was in November. Get out while you can.

3.878 was not the bottom. S3052 is right. There will be another big selloff very soon.

After some cheap bitcoins eh? 

[Hunterbunter]

This thing is done. Just like it was in November. Get out while you can.

3.878 was not the bottom. S3052 is right. There will be another big selloff very soon.

After some cheap bitcoins eh? 

No I think he's getting bored waiting for the market to make a move.

[cbeast]

This thing is done. Just like it was in November. Get out while you can.

3.878 was not the bottom. S3052 is right. There will be another big selloff very soon.

Just wait.

There aren't many Bitcoin left for sale. Get them before they are all gone.

[proudhon]

This thing is done. Just like it was in November. Get out while you can.

3.878 was not the bottom. S3052 is right. There will be another big selloff very soon.

Just wait.

[N12]