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ineededausername (OP)
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December 30, 2011, 06:11:48 PM |
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It's time for another big move up.
On the eve of the last move, we had a big market depth imbalance: 20k BTC to $3.1, 40k to $3. On the other hand, we had 20k BTC to $3.5, 40k to $3.75. The bid side was 20k for every 0.1 and the ask side was 20k for every 0.2.
Now, we have the bid side piling up again: 20k to $4, 40k to $3.8. On the other hand, the ask side has 20k to $4.6, 40k to $5. The same ratios are showing up.
Additionally, we've touched the trendline again, the moving averages are coming close, and the PSAR is getting close to the price (within $0.2). Strong support has caught up and we are poised for a big move, up or down, soon and I think it will go up.
The market would have gone up to $4.6 or $5 yesterday if Bitcoinica didn't run out of float. Since Bitcoinica doesn't have enough USD, the move up will be more gradual this time. However, we won't see $4.2 ever again so now is the time to BUY.
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(BFL)^2 < 0
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Mushoz
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December 30, 2011, 06:14:39 PM |
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I approve of your post and thinking  |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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ineededausername (OP)
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December 30, 2011, 06:31:01 PM |
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Everyone, do you see that?
Weekly MACD is crossing over.
Get ready.
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proudhon
Legendary
 Offline
Activity: 2198
Merit: 1311
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December 30, 2011, 08:06:36 PM |
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Will you draw one of these now?  |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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ineededausername (OP)
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December 30, 2011, 08:10:56 PM |
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Oh come on proudhon we all know it's you putting up the askwalls |
(BFL)^2 < 0
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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December 30, 2011, 08:19:38 PM |
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Oh come on proudhon we all know it's you putting up the askwalls Here you go:  |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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teflone
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December 30, 2011, 08:31:20 PM |
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Herp, derp...
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caston
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December 30, 2011, 08:44:17 PM |
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bitcoin BTC: 1MikVUu1DauWB33T5diyforbQjTWJ9D4RF
bitcoin cash: 1JdkCGuW4LSgqYiM6QS7zTzAttD9MNAsiK
-updated 3rd December 2017
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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December 30, 2011, 08:51:31 PM |
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Here is what I see!  The selling pressure seems to be amounting. Or possibly the bidders don't want to bid much higher. Price drops a bit over a few hours, then someone pushes it up to fall back again. |
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smickles
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December 30, 2011, 09:00:54 PM |
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Here is what I see! The selling pressure seems to be amounting. Or possibly the bidders don't want to bid much higher. Price drops a bit over a few hours, then someone pushes it up to fall back again. dam, I see scary batman double tops everywhere now. |
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