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Author Topic: Going back down to 230, then 180, then 150, then 66?  (Read 4485 times)
Xiaoxiao (OP)
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March 22, 2015, 08:18:39 PM
 #1

The non-trolls, intelligent and experienced traders that understand markets, all see bitcoin still in a major bear market.  After all, fundamentally speaking, bitcoin is used mainly for speculative purposes and a few other less desirable things.

Also a question for technical traders, are we on the brink of another downward spiral? when the ema's cross for 1 day candle charts?

randy8777
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March 22, 2015, 10:06:32 PM
 #2

realistically speaking, you are trolling or just try to spread fud. especially when you state that bitcoin will go down to $66
any serious bitcoiner know that below $100 is not.going to happen.
uki
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March 22, 2015, 11:18:43 PM
 #3

You forgot to add $0 as a long-term goal.now, can you show us the charts that confirm the targets you mentioned?

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futurebit640
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March 22, 2015, 11:44:36 PM
 #4

Try not watch the current BTC value keep out the panics and hysteria.
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March 23, 2015, 12:59:29 AM
 #5

You cant analyse bitcoin the same way you analyse some more established stocks or markets. Bitcoin is in early stages, and extremely volatile,
so the most TA wont get u far most of the time,we are dependant on news and legal issues every day, and that is how you can predict the movement most efficiently.
There is a fact that will always move bitcoin forward, and that is this very speculation, because every trader is here to make a profit, and you cant make a longterm profits by slamming the price to the ground.
While there is money to be made from bitcoin, price will ping pong, but its just a matter of year when it will have its next eruption, and we wont see these prices ever again.

cheers
williamevanl
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March 23, 2015, 01:23:36 AM
 #6

realistically speaking, you are trolling or just try to spread fud. especially when you state that bitcoin will go down to $66
any serious bitcoiner know that below $100 is not.going to happen.

I'm looking forward to this ridiculous prediction becoming wrong. Bitcoin went from 1200 to 200 saying it can't go from 230 to below 100 is ... well a lot of things.
inca
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March 23, 2015, 01:30:09 AM
 #7

realistically speaking, you are trolling or just try to spread fud. especially when you state that bitcoin will go down to $66
any serious bitcoiner know that below $100 is not.going to happen.

I'm looking forward to this ridiculous prediction becoming wrong. Bitcoin went from 1200 to 200 saying it can't go from 230 to below 100 is ... well a lot of things.

Don't hold your breath Wink
Xiaoxiao (OP)
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March 23, 2015, 07:20:50 AM
 #8

You forgot to add $0 as a long-term goal.now, can you show us the charts that confirm the targets you mentioned?

This guy makes a valid case...

https://www.tradingview.com/v/iWXmzaeG/

Also take a look at the one day charts for every exchange... whenever the MA line cross the price plummets. For the 1 day charts, the lines have just crossed.  So I am personally preparing for a plummet some time this week.
cryptojumper
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March 23, 2015, 08:08:01 AM
 #9

so should i buy now or wait a bit ?  Smiley cause i want to get at least one of those... just in case...  Wink

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March 23, 2015, 08:08:53 AM
Last edit: March 23, 2015, 12:45:41 PM by Amph
 #10

market data say no to this, we are made two floors already, there is only going up, with some bad swing here and there

so should i buy now or wait a bit ?  Smiley cause i want to get at least one of those... just in case...  Wink


i would buy now yes, at best we can go sub 240(230-240, previous floor), those others numbers are out of question, and very trollish
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March 23, 2015, 08:12:42 AM
 #11

I for one would lovea crash in BTC price to allow me to buy BTC back cheaper to pay off my KLYEMAX investors.


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randy8777
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March 23, 2015, 10:27:35 AM
 #12

realistically speaking, you are trolling or just try to spread fud. especially when you state that bitcoin will go down to $66
any serious bitcoiner know that below $100 is not.going to happen.

I'm looking forward to this ridiculous prediction becoming wrong. Bitcoin went from 1200 to 200 saying it can't go from 230 to below 100 is ... well a lot of things.

the $1200 price was fake. that says enough. it was never meant to last very long.
once we manage to reach $1000 slowly it will be totally different.
bitboy11
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March 23, 2015, 10:41:48 AM
 #13

Didn't anyone see the CEX red candle last night?
The price flash crashed to $30 and a number of people made off like a bandit.

I wish I had placed a $30 order myself.
However I did benefit from the event. Smiley

Anyway, the price corrected itself back to $260.
uki
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March 23, 2015, 04:11:06 PM
Last edit: March 23, 2015, 05:25:20 PM by uki
 #14

You forgot to add $0 as a long-term goal.now, can you show us the charts that confirm the targets you mentioned?

This guy makes a valid case...

https://www.tradingview.com/v/iWXmzaeG/

Also take a look at the one day charts for every exchange... whenever the MA line cross the price plummets. For the 1 day charts, the lines have just crossed.  So I am personally preparing for a plummet some time this week.
thanks for the charts, first of all. That really helps a lot with the discussion.
What I see is that the proposed analysis is reacting pretty slowly to the price movements, meaning we would have to reverse towards $436, or again spend at least three more months to invalidate the down trend. Check the accuracy of the prediction of the last trend reversal with the uptrend in place, the trend reversal was pointed out when the price dropped from $1200 to the $400 area. So all and all, it goes in line with my expectation of sidewards movement for the rest of 2015 (meaning no upsurge), but I wouldn't expect proposed price declines. They are just targets in the analysis that has yet to prove itself.


Ps. it is also not clear to me why the first up trend rectangle was not followed by a down trend - there was no new high for more than 5 months between March and September 2013!

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tyrexs
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March 23, 2015, 04:52:15 PM
 #15

no, now strong on range 250-270 Smiley

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March 24, 2015, 05:53:28 PM
 #16

op is right! sub $100 incoming
AtheistAKASaneBrain
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March 24, 2015, 05:56:43 PM
 #17

op is right! sub $100 incoming
Lol at the fudsters scared that they sold wanting to re-enter the market at cheap ass prices. Well, during mid april regarding some solid chart predictions we will know if its time to go up or lower.
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hee-ho.


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March 24, 2015, 06:00:24 PM
 #18

op is right! sub $100 incoming

dude, did you made a new account just to say that?
get a life or something. at least go take a shower, you're stink of fud.
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March 24, 2015, 06:04:00 PM
 #19

retest of low 200 if no bounce  Undecided

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JaredStein
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March 24, 2015, 06:12:29 PM
 #20

retest of low 200 if no bounce  Undecided
It is probably going to keep bouncing as people keep wanting to sell then buy again cause it is lower, but sell cause it is lower. It is an endless loop until someone stops selling and buys or holds.
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