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Author Topic: 250$ and up! signs of trend reversal?  (Read 3014 times)
cuddaloreappu (OP)
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February 13, 2015, 06:38:13 AM
Last edit: February 14, 2015, 06:58:56 AM by cuddaloreappu
 #1

finally after a week nice to see it climb back to 240$..

Any signs of trend change?
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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chriswen
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February 13, 2015, 07:39:56 AM
 #2

Well it looks like a breakout.
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February 13, 2015, 07:42:52 AM
 #3

Maybe a daily uptrend and tomorrow well see red again.

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February 13, 2015, 08:57:01 AM
 #4

i think we are in a stall phase, don't hope to much for a rise now, but we won't see a decline either, not a big one at least
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February 13, 2015, 09:20:57 AM
 #5

$235
awais3344_1
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February 13, 2015, 09:56:28 AM
 #6

no, doesn't seem it would go up much more than $235. I personally think it will fall back to $215 again. Just wait for weekend to over.

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February 13, 2015, 09:56:43 AM
 #7

Well it looks like a breakout.

Yes but a small one so it could up or crash back down. It feels more likely to go up at this time.
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February 13, 2015, 10:24:34 AM
 #8

Still going up. 235 is probably this weeks highest. lets hope it keeps going.

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February 13, 2015, 10:36:22 AM
 #9

Longterm trendline at ±255, there should be resistance. Then, the 315 of the last run must be broken. Then, moon
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February 13, 2015, 10:47:26 AM
 #10

The highest today was 238 , took a small reversal right after. But did a rereversal and back to 238 now Smiley

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February 13, 2015, 11:50:16 AM
 #11

The only thing I worry about is that it might be facing some stiff resistance that could easily bring it down again to where it was. But anyway, anything is still possible at this stage and it's just too early to tell.

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February 13, 2015, 12:38:16 PM
 #12

It's a typical p&d, a whale wanker is jerking you around. It'll come back down to 210 before tomorrow.
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February 13, 2015, 12:39:39 PM
 #13

no, doesn't seem it would go up much more than $235. I personally think it will fall back to $215 again. Just wait for weekend to over.


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February 13, 2015, 12:41:19 PM
 #14

Here we go i hope you are strapped in because we are heading back to $350 then the moon!

This is a shuttle ride to the moon then beyond enjoy the ride ladys and gents

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February 13, 2015, 12:49:03 PM
 #15

Here we go i hope you are strapped in because we are heading back to $350 then the moon!

This is a shuttle ride to the moon then beyond enjoy the ride ladys and gents

A fast trip to $350 means a short squeeze with nothing underneath it but an air pocket. I'll short that in a heartbeat. A SLOW trip to $350 is a different story.

insert coin here:
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mtwelve
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February 13, 2015, 01:00:03 PM
 #16

Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p

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February 13, 2015, 01:11:08 PM
 #17

Sub 200 by Monday. Sub 170 by Wednesday.

Sub 30 by December.
mtwelve
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February 13, 2015, 01:16:59 PM
 #18

Sub 200 by Monday. Sub 170 by Wednesday.

Sub 30 by December.

That be interesting xD

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February 13, 2015, 02:29:37 PM
 #19

I have put my seat belt on for the moon ride so many times!

But I will strap up again I guess!!!

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mtwelve
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February 13, 2015, 02:42:57 PM
 #20

Sub $190 by next week.

Prediction, or do you have facts to support this claim?

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February 13, 2015, 04:20:08 PM
 #21

finally after a week nice to see it climb back to 240$..

Any signs of trend change?

9% increase could stay for some time, but remember how that also means new 72k USD that must be pumped into bitcoin daily in adition to 800k USD that were on 220$/btc.
I dont see this going too far, just aliitle up and down ride to shake down some profits.
This is not breaking bull, and its just a matter of time when this situation is going to calm down.
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February 13, 2015, 04:24:09 PM
 #22

Sub 200 by Monday. Sub 170 by Wednesday.

Sub 30 by December.

Care to wager?
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February 13, 2015, 04:47:57 PM
 #23

Expecting a correction downward, but hopefully not below $235. 
mtwelve
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February 13, 2015, 04:54:08 PM
 #24

Expecting a correction downward, but hopefully not below $235. 

I think it'll go back to normal levels. Too fast to be stable or organic, it might even go be low the 220s for a little bit.

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February 13, 2015, 04:56:27 PM
 #25

Expecting a correction downward, but hopefully not below $235. 

I think it'll go back to normal levels. Too fast to be stable or organic, it might even go be low the 220s for a little bit.

Wow two smart people!

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February 13, 2015, 04:57:03 PM
 #26

Pause @~240 as traders, who got sucked into long positions at the top of the previous range, are getting out at break even. I could see it going past $300 definitively this time around.
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February 13, 2015, 04:57:28 PM
 #27

Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p

There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200.
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February 13, 2015, 04:59:49 PM
 #28

Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p

There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200.

Haha no I was upset when I saw it was up 8% this morning. All of my funds are offering liquidity for trade swaps in Bitfinex and can't take a short/long position :p

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February 14, 2015, 12:01:35 AM
 #29

it goes up it goes down.  omg panic and dirty knickers.
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February 14, 2015, 02:08:11 AM
 #30

Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p

There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200.

A good news rally is likely to unwind in a bear market since it likely consists of trader money trying to catch a wave.  Esp. In BTC where it takes a week+ to set up to buy.  We saw this several times last few months.   OTOH a good volume no news rally is more likely to consist of investment time frame purchasing.  Of course 3600 coins per day could still take the wind out.
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February 14, 2015, 02:43:47 AM
 #31

Pause @~240 as traders, who got sucked into long positions at the top of the previous range, are getting out at break even. I could see it going past $300 definitively this time around.

in the past once btc prce go above 300$ as per that price

may be btc price will go up again

see the live btc price

http://preev.com/

btc price must be pause at 230$ per btc
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February 14, 2015, 03:11:14 AM
 #32

It's a typical p&d, a whale wanker is jerking you around.

The only accurate statement in this entire thread.

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February 14, 2015, 08:51:14 AM
 #33

You jinxed it. It took a reversal at 251. lets hope it goes up again

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