Post
Topic
Board Speculation
Re: Are we going to see $500 tonight?
by
MatTheCat
on 07/02/2014, 07:17:10 UTC
The price is falling quick.... I can't wait till I can buy more at $100.

It isn't falling that quick. At least not in Bitcoin terms. If things playout in a text book fashion Bitcoin will find support at around $720 and the new resistance will be $765. It will take a lot of selling pressure to push Bitcoin below the low $700 range support which doesn't mean that it won't happen, just that failing some kind of 'event', I wouldn't place my money on it happening 'all of a sudden' and certainly not tonight.

Fuck me!

I take all that back.

My spidey senses woke me out of my bed, was dreaming of a great Bitcoin buy-in. Buy in set to sub $500. I am away back to my kip.