Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
deadfi$h
on 25/02/2014, 16:14:39 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.

Sure.

Hey everybody can be wrong sometimes. These are exceptional times, TA won't cut it in this environment. Smiley

Careful now guys, just because we missed a mark doesn't mean there won't still be a correction to the correction. Check back to every other major crash and see the bars flying up and down.

Fib resistance around $550 and a round number, so selling in the $540s and then we retest $500 at the very least.

I like fib retracements. Might be a good call but I have a feeling this market is still waiting for gox to drop the bomb either good or bad, so be on the lookout guys!

Exactly, and we wait at $500.