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Author Topic: Bitcoin prices to hit floor and rebound ?  (Read 2218 times)
srgkrgkj (OP)
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January 28, 2015, 09:00:13 PM
 #1

The floor must be close with increasing resistence felt at lower levels, will we be seeing a trend reversal soon ... ?

Richard Branson
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January 28, 2015, 09:14:16 PM
 #2

The floor must be close with increasing resistence felt at lower levels, will we be seeing a trend reversal soon ... ?

The trend reversal was the dumping. The peak was just an artefact.
waterpile
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January 28, 2015, 11:24:12 PM
 #3

We're back in the dumping phase again, its going to be another cheap bitcoins

price atm $235..
batou
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January 29, 2015, 12:17:47 AM
 #4



Something like this could happen, maybe?

Bounces are happening at 61.8% Fibonacci level, which means we could go lower (210).
lexuz
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January 29, 2015, 12:45:39 AM
 #5

No rebound, last 2 days is down. What i see
homo homini lupus
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January 29, 2015, 01:15:11 AM
 #6

More crash.
No demand.
Double digits are inevitable.
bytezero
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January 29, 2015, 02:21:00 AM
 #7

I think the floor is 200$ How high it will reach, I don't know, that's why I'm jumpy now.
homo homini lupus
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January 29, 2015, 02:21:38 AM
 #8

The floor must be close with increasing resistence felt at lower levels, will we be seeing a trend reversal soon ... ?

fake buywalls - get taken down once people start selling at marketprice, pops up again once sellers reduce the dumps.
bytezero
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February 01, 2015, 09:56:14 PM
 #9

It may seem stupid to some, but everytime I sold at a loss before the price got back up within a week or so
Undecided
ParabellumLite
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February 01, 2015, 09:57:51 PM
 #10

It may seem stupid to some, but everytime I sold at a loss before the price got back up within a week or so
Undecided

I think that won't go on forever. The dump cycles seem to be accelerating, which might mean that at some point there will be no strong recovery anymore. When that happens, all shit will break loose I think.
hodlmybtc
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February 01, 2015, 10:03:47 PM
 #11

It may seem stupid to some, but everytime I sold at a loss before the price got back up within a week or so
Undecided

Don't sell at a loss.


I think that won't go on forever. The dump cycles seem to be accelerating, which might mean that at some point there will be no strong recovery anymore. When that happens, all shit will break loose I think.

Good joke.
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February 01, 2015, 10:05:08 PM
 #12

It survived the weekend and is now going up. I think we have seen the floor but will not be surprised if it goes close to it again.


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ronald98
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February 01, 2015, 10:14:45 PM
 #13

It survived the weekend and is now going up. I think we have seen the floor but will not be surprised if it goes close to it again.

The next US marshals auction will result in some serious dumping, maybe below the present floor.
Coinshot
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February 01, 2015, 10:16:41 PM
 #14

It survived the weekend and is now going up. I think we have seen the floor but will not be surprised if it goes close to it again.

The next US marshals auction will result in some serious dumping, maybe below the present floor.

If the bidding makes the price attractive then it may create a bullish sentiment.

Everyone expects the auction, so it may already have been priced in.


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inca
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February 01, 2015, 11:21:14 PM
 #15

It survived the weekend and is now going up. I think we have seen the floor but will not be surprised if it goes close to it again.

The next US marshals auction will result in some serious dumping, maybe below the present floor.

Like the last two?
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February 01, 2015, 11:28:48 PM
 #16

I know some people may not like the idea, but i believe the real floor this year will be tested on 100$, probably mid-year or so.
After that definetly i see some rebounds happening.
ParabellumLite
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February 01, 2015, 11:37:45 PM
 #17

I know some people may not like the idea, but i believe the real floor this year will be tested on 100$, probably mid-year or so.
After that I definitely see some rebounds happening.

Same, although the bear market will not be over by then. I still think the 'bottom', vague as it might be, is somewhere close to 50 bucks, although it might indeed be as high as 100 dollar.  We will test 150 pretty soon again, maybe as soon as within the next 2 weeks.
caga
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February 01, 2015, 11:40:52 PM
 #18

The floor must be close with increasing resistence felt at lower levels, will we be seeing a trend reversal soon ... ?

Another problem is that there isn't a clearly defined bottom. So we never know when the trend reversal will happen.

inca
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February 01, 2015, 11:49:04 PM
 #19

The floor must be close with increasing resistence felt at lower levels, will we be seeing a trend reversal soon ... ?

Another problem is that there isn't a clearly defined bottom. So we never know when the trend reversal will happen.

The bottom is in when people begin to realise how far the price has risen from the low (say 150) and realise how greedy it was to expect the price to drop by >95%. Then they buy in.
ParabellumLite
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February 01, 2015, 11:52:52 PM
 #20

The floor must be close with increasing resistence felt at lower levels, will we be seeing a trend reversal soon ... ?

Another problem is that there isn't a clearly defined bottom. So we never know when the trend reversal will happen.

The bottom is in when people begin to realise how far the price has risen from the low (say 150) and realise how greedy it was to expect the price to drop by >95%. Then they buy in.

Wait Inca, are you calling a bottom again? Bitcoin so far is the most pure example of price discovery out there and literally no one knows where it is headed. The simple fact that you are indirectly calling a bottom again shows how you are talking your book.

Also, you are obviously one of those permabulls that feels 'entitled' to another rally after a long downturn. Even you must understand that logaritmic growth is unsustainable.
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