Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Coinseeker
on 25/11/2013, 10:20:03 UTC
So many here wishes and feels that the crash is coming. Well sry to inform you guys, but what you wish or feel has very little or nothing to do with the price today or tomorrow. Price is going up, because people have not stopped buying. In fact people are buying shitloads of coins every day and if you sell to them, there's a big possibility that you have to buy back at loss if you want be in the train when we hit 1000, 2000 and maybe even 3000.

Actually, what people "wish or feel" is a really good indicator.  It's called sentiment and by itself is not a fool proof indicator but combined with good TA can tell you a lot about future movements. I think we're going down.  Not an April crash but just something reasonable and sustainable.  $400-$500's I'd say.  Which is still a big win for Bitcoin.

Fasten your seat belts , we're fuc***!

 Grin