Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
micalith
on 05/12/2013, 11:56:48 UTC
This is just getting started guys, stop suffering from myopia.

When I step back, by 20/20 vision sees triangles forming. Are you suggesting that they should see the price dropping further?

Yes, I'd say theres a relatively small percentage of the bitcoin world actually seen this crash and news so far. Lets even say 50%. When they log on and see their purchases at 1050+ are now sub 1000, there could be even larger sell off's.

But the news has already updated to say it's not such bad news. With that, I can't see latecomers panic selling when the charts also look like they might be bottoming.