Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Price going back up to 280ish in the next week or so.
Everyone who got in sub - 200, bravo!
Everyone who got in sub - 200, bravo!
Be greedy when others are fearful. Always right.
Yup. People had so much fear during the summer of 2013, when the price dropped to 420 and stayed there for 3.5 months. But then it bounced to 680! Man, those greedy
Yes but from this $680 there was not even once we got up above only down.
When the short swaps are historical high, it serves as a reversal signal. Not to mention the double bottom, the super high volume at the bottom.
If this is not a bottom by TA definition, what is a bottom? Even if it is not THE FINAL BOTTOM, it could be deemed as a medium term bottom.
The panic selling has been released, the bottom was formed and the trend is up.
The rest, you go figure it out.
Trend is up ? Hahahha please... go to charts and see 3day chart
If this up trend You need to figure it out yourself i think