Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bassclef
on 19/03/2015, 20:45:23 UTC
bitfinex order book is looking really bad.

3 k till 230.

if we go under 210 sell everything.

Yet it refuses to go any lower! I know you're probably extremely short right now, possible on margin, but I hope you've set your stops accordingly...

I hope he is short on leverage and gets burnt badly. He used to be sort of a good read but nowadays it's getting close to trolling. I don't have to read what he has to say, there is nothing new. He's morphing into LambShroomie. Maybe he fears a bull market and misses 2014. But this is getting old quick.

Short from 290's I think he's quite safe from being burnt.

Still he (she?) is taking on additional risk by not closing at least part of a good trade like that after we've bounced off $250 three times. Just because the EW crew calls for $220 doesn't make it magically happen. Might be time to adjust those wave counts yet again, boys Wink