Ninjastic
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Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
MAbtc
on 11/12/2013, 00:51:46 UTC
Quote from: JimboToronto on December 11, 2013, 12:43:30 AM
Quote from: MAbtc on December 11, 2013, 12:38:08 AM
Quote from: magicmexican on December 11, 2013, 12:26:01 AM
I like that if you did sell, every upward movement becomes a bull trap.
No, bears are indicating that the move from 576 was a bull trap that they are waiting to see complete.

Of course the flip side to that is that the move down to 576 was a bear trap which has finally been sprung.
Indeed.  Smiley