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Bitcoin Forum > Economy > Economics > Speculation > Bitcoin EXACTLY hit support line from previous 'bubble', so $1,000+ in Aug 2015
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bitpump (OP)
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October 04, 2014, 07:42:17 PM
Last edit: December 13, 2018, 11:14:24 AM by bitpump
 #1
Bitcoin EXACTLY hit support line from previous 'bubble'

If we hold this support line, then Bitcoin $1,000+ in Aug 2015, Q4 2015 big rally,
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October 04, 2014, 07:43:20 PM
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Quote from: bitpump on October 04, 2014, 07:42:17 PM
Bitcoin EXACTLY hit support line from previous 'bubble'

Details: https://twitter.com/bitpump/status/518443371028054016

If we hold this support line, then Bitcoin $1,000+ in Aug 2015, Q4 2015 big rally,

Details: https://bitcointalk.org/index.php?topic=805603.0

you are worse than RIIISING who is worse than FALLLING.  that speaks a lot.
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October 04, 2014, 08:56:50 PM
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Quote from: bitpump on October 04, 2014, 07:42:17 PM
Bitcoin EXACTLY hit support line from previous 'bubble'

Details: https://twitter.com/bitpump/status/518443371028054016

If we hold this support line, then Bitcoin $1,000+ in Aug 2015, Q4 2015 big rally,

Details: https://bitcointalk.org/index.php?topic=805603.0

Aug 2015?

That's is really conservative.

You obviously didn't pay attention to the previous cycles. Because slow and steady is not how bitcoin works, especially not when it moves upwards.
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October 04, 2014, 09:02:29 PM
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http://www.quickmeme.com/img/c9/c9ca854c7b368ab8f446e10db70cae5950ad1814b803f1799bc10bb2f86f4e10.jpg
Wandererfromthenorth
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October 04, 2014, 09:34:50 PM
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Quote from: bitpump on October 04, 2014, 07:42:17 PM
Bitcoin EXACTLY hit support line from previous 'bubble'

Details: https://twitter.com/bitpump/status/518443371028054016

If we hold this support line, then Bitcoin $1,000+ in Aug 2015, Q4 2015 big rally,

Details: https://bitcointalk.org/index.php?topic=805603.0
Few weeks/months back we touched/bounced off of a lot of trend lines like the one you draw (yes you can draw all sorts of long term trend lines like the one yours, most of them are pretty arbitrary) and the price just breached ALL OF THEM.

What makes you think that this arbitrary trend line could magically save BTC price right now?
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