Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adamstgBit
on 13/02/2014, 19:40:23 UTC
serious question - is there anything in the news right now that justifies a sell off?


Missed this mornings activities - what's the reason for the drop this morning?


Where's Blitz when you need him...


For the last time, dear newcomers:

Price doesn't simply "follow" the news. News might influence it, but not necessarily the way you'd expect it to influence the price (see, for example, the Silk Road news last year, and the rally (!) that followed).

Well, anyway...

We've been in a down trend for quite a while now, and right now, things are simply picking up speed a bit.

By the way, that doesn't mean you should sell now. Every trend ends at some point.

tl;dr Learn some basic TA, the world will be less confusing.

thanks, yes i understood just wondering if there is anything we may have missed while watching this thread... just tell me when to hit the BUY button, my finger is getting itchy

you really should be hitting the buy button daily at this point, don't expect to be able to catch bottom....
look to buy little bits constantly improving your avg price as we move lower.


in other news high lower is in 612, but will it hold!? who knows!