Post
Topic
Board Economics
Re: Bitcoin Price Drop
by
epii
on 03/08/2011, 17:16:41 UTC
prices just broke through a major , supporting chart tredline.
That move was anticipated in my technical analysis to my subscribers already monday morning
Further downside is likely unless this trendline is claimed back.
I used to stand by S3052, but I call bullshit.  Every projection he's made for weeks has said, "Bitcoin is almost definitely going up!" with a tiny caveat, "(but it could also, you know, go down)".  His analyses are unfalsifiable.  He claims victory every time.

If he told his subscribers a crash is nigh as of Monday, than he was feeding us misinformation in his public analysis with:
Quote
Longterm: UP.
Midterm: UP as long as the 9.5 $ – 10 $ range holds
Shortterm: UP from the 11$ or 12.5 $ lows.