Quote from: laowai80 on December 18, 2013, 07:03:50 AM

Quote from: Blackswan122 on December 18, 2013, 06:59:01 AM

"Still a bullish market longterm"... You have made one fatal mistake in your technical analysis... You forgot to include the market sentiment and what's going on in the real world. Two big things. 1. Governments getting very itchy about a stranger crashing in on their party. 2. China being the first big country to technically pull in the reins... They had 50% of BTC traffic with 50% of traffic slowly falling away... The charts are looking a bit unsupported.

No fatal mistake, my friend. If something is good, people will always find a way around to get it.
At 100-day or 200-day MA support, it's still a bull market. BTC touched 200-day MA in July and recovered after that, BTC will recover again. Have faith and stay the course.

Ok I have faith.. July was before the real hype and the door slamming. I hope it does rise again but not before I can buy a few more! I will post again when I think its looking like it's going northwards again... If ever :-( thanks for your views....