Post
Topic
Board Speculation
Re: Huge money waiting below...
by
T.Stuart
on 06/01/2014, 23:15:21 UTC
you remind me of me when i first started watching bitcoin and posting here.

this is so silly. the indicators were all bullish. we had an ascending triangle, bouncing off of the wall at $7.20 for days. nothing happened due to low weekend volume, one guy got spooked and dumped coins down to sub $6.90, which started panic sells and more giant dumps. Sure, we needed a correction but we could have gotten over the resistance at $7.20 and sailed to the next level before this happened easily. Notice how the cheap coins were gobbled up instantly? We won't see prices <$6.00, we're on our way up, and since the correction happened early I wouldn't be surprised if we sail to $10 before another major correction.

spoilers: we were not on our way up, and $10 didn't happen for about another half a year Tongue

--arepo


He he he!  Cheesy

We shall see!