Quote from: Pruden on February 16, 2014, 04:55:47 PM

Quote from: BrightAnarchist on February 16, 2014, 03:01:17 PM

Just broke $266, which was the high of wave 3. This is significant for psychological reasons

And yet, in my estimation, and the coming mean-reversion bounces notwithstanding, the bear market in Bitcoin is just getting started

Quote from: masterluc

266 was broken on btce and mtgox. More than obvious overlap

Official bears taking the Gox price and a forced liquidation price in a illiquid market seriously. You can't get more contrarian signs than that.

Hmm I do agree, which is a shame as I think there is a lot of good discussion in this thread. Forgetting about the btce incident and the Gox mess, there are still a lot of TA signs pointing to a continued bear market.