Post
Topic
Board Economics
Re: Trend reversal
by
cbeast
on 17/02/2014, 04:59:19 UTC
Price is making lower highs and lower lows.  Just because one is constantly thinking bullish in Bitcoin doesn't mean the first higher low is even that; much less a reversal.

You're in a downtrend.  There is nothing except your own bias telling you to buy now.
Maybe you didn't hear about Mt Gox? We're not in a trend reversal, we're in a full blown market crash. This was not a slow reversal. Crashes end and the market will correct.