Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Or so you hope. So funny watching all the "Oh BTC dead crowd" go quiet and make dumb comments.

Cheesy

When did I become part of the BTC is dead crowd. I am just saying that it will likely continue to follow the long term trend until we see a real reversal, but its gotta go sideways for a long long time before a reversal of the long term trend.

I thought the high volume low at 166 was the point of the reversal.

So you think we will go lower than 166?

There is not much difference between the $166 bottom and the bottoms before at $340 and $275, the volume measured in USD is similar.
There is no particular reason to think that 166 was the final bottom.