Quote from: york780 on March 26, 2017, 01:26:55 PM

Quote from: BitcoinHodler on March 26, 2017, 01:17:34 PM

as i am writing this price is $984 according to bitfinex and it seems like the opportunity to buy cheap coins with a big discount is now officially over.

finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.

[1] Fear of Missing Out

Its called a bounce back. Excactly the same happened on march 19. Well be we saw how that played out. The same happened on march 22. Well that escalated quickly. We dont have any BU solution or other significant positive news yet. Why will we start a uptrend now? Fact is that we dont know shit. But the chart looks like shit, so i dont know if its over yet. It could be the 6th dead catbounce in a row or we could go up a little bit to 1000$. Only time will tell. Dont start with your FOMO bs.

On the other hand in the 890s is very strong support and this is the area of a lower trendline which belongs again to an upwards channel in which we moved from top to bottom now!
Furthermore SegWit miner signaling is at an ATH, SegWit nodes are at ATH, while BU remains stalled.
I agree that there is still no solution for the conflict yet, but the big FUD, what it still think it is, is over for now.
We are going back to 4 digits pretty soon imo.