Bull Market Returns

[BitCoinNutJob]

This is it fellas, we are going higher, $300s soon

[Mellnik]

Yet? 

[8up]

OMG. This kind of posts are a clear sign, that nothing is over, yet.

[sgbett]

OMG. This kind of posts are a clear sign, that nothing is over, yet.

Just like all the posts that kept coming in when the bubble burst saying it was just a minor setback...

Expect overshoot from the bears. You're afraid, I know.

[af_newbie]

OMG. This kind of posts are a clear sign, that nothing is over, yet.

+1

Too many bulls.  We need only bears posting.

The bottom will be when bulls sell all their coins.

But who knows, this is bitcoin.  It can shoot up to $5000 next month (or go down to $50)

[Torque]

OMG. This kind of posts are a clear sign, that nothing is over, yet.

Just like all the posts that kept coming in when the bubble burst saying it was just a minor setback...

Expect overshoot from the bears. You're afraid, I know.

sgbett, are you a day trader?  Because if not, then c'mon dude.  Even you have to realize that high volume spikes are not the only signal that a bottom is found, you need to have sustained and/or rising volume over a long period of time (weeks and weeks).

I'm not touching this market again until I see we can even stay above 200 consistently for several months.  Been burned before 6 months ago, not getting burned again.  Plus, in the US people sell off assets to pay taxes in March/April timeframe.  So wherever we are at by then could easily dip again.

This market is ridiculously thin.  Traders just want to fool people based on emotion, so they can dump again after a fake high volume rise and make their 10-20% profit.

[sgbett]

OMG. This kind of posts are a clear sign, that nothing is over, yet.

Just like all the posts that kept coming in when the bubble burst saying it was just a minor setback...

Expect overshoot from the bears. You're afraid, I know.

sgbett, are you a day trader?  Because if not, then c'mon dude.  Even you have to realize that high volume spikes are not the only signal that a bottom is found, you need to have sustained and/or rising volume over a long period of time (weeks and weeks).

I'm not touching this market again until I see we can even stay above 200 consistently for several months.  Been burned before 6 months ago, not getting burned again.  Plus, in the US people sell off assets to pay taxes in March/April timeframe.  So wherever we are at by then could easily dip again.

This market is ridiculously thin.  Traders just want to fool people based on emotion, so they can dump again after a fake high volume rise and make their 10-20% profit.

I can't day trade. I don't think anyone can. Yes, lots of people make money at it, lots of people don't. I agree this isn't necessarily the bottom - the thing is you can never tell it is until some months after the fact (which is essentially what you are saying). What you can be sure of though, is that without this high volume reversal, then you could be pretty confident that it wasn't a bottom.

This is just the first piece of the jigsaw...

[stonerider]

dead-cat bounce???

[Richard Branson]

dead-cat bounce???

Yea. Sell now and profit later. Or buy and cry later.