Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Vycid
on 11/12/2013, 00:57:20 UTC
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.

At what point does it stop being a bull trap and start being a normal upward movement? When the price doubles? Triples?
When the trend reverses.

Then can't you speculate that the entire Bitcoin trend up from $0.05 is a giant bull trap? It's meaningless.