Quote from: cAPSLOCK on March 09, 2018, 05:06:37 PM

Latest Lucif:

To me, this representative of the gax with billions of coins for sale - reminds the character with the nickname pirateat40.

I already conducted an analogy of the current market situation with August 2012. Then there was a similar wave and a similar triangle in correction. So, it was then that pirateat40 came out, honestly admitted that his bitcoin trust was a pyramid and threatened to pour a trillion of coins into the market.

Traders bucked and had a good correction. Yes, bitcoin then cost $ 10.

It's amazing how everything moves in a spiral ...

The forecasts have not changed. Kammenty closed.

Thank you for this! I agree with him. The bearishness is palpable and the correction is probably not over (which is good because most of us are still accumulating). But this is still looking like a corrective fractal from 2012 or 2013.

Quote from: Tzupy on March 09, 2018, 08:31:40 PM

Quote from: uslfd on March 09, 2018, 03:35:26 PM

...
OK - how do you define a BTC bear market. Below 200d avg?
If Mt Gox keeps selling rest of holding at spot market I'm pretty sure it will be a bear market

I would believe that we are in a bear market, if weekly MACD would cross into negative, but others may have a different TA.

We haven't seen a death cross (200/50MA) on the 1-day chart since 2015. That would definitely indicate a long term winter incoming.