Post
Topic
Board Speculation
Re: Downtrend started?
by
nastybit
on 08/01/2014, 18:31:58 UTC
i'm getting reaaaaaaaally tired of saying this but bad news doesn't 'force in a downtrend'. that's simply not how price behavior works.
so you think  News  like
Quote
FBI will sell BTC of the SR Raid
or
Quote
USA will shutdown BTC Exchanges
won`t affect Prices?
Not really,or?

i never said it doesn't affect prices. i said it doesn't "force in a downtrend".

first option: it does, because the market cannot absorb it, the rest will panic sell

second option: it does, my estimate is beyond $1...