Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
kurious
on 25/02/2014, 11:10:29 UTC
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.

The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.  

The market has taken the 'gox is gone' news and NOT capitulated entirely.

If it can't get any worse, and Stamp is over 500 - it's actually pretty reassuring.

Bullish, even.