Quote from: YOSHIE on Today at 03:50:40 AM

I'm a little confused at the moment, if I look at the current unstable market movement, it's been almost a week.

Thank you, @jackg for the information, maybe I will hold on for Bitcoin now for the next few days.
I will follow the updates here on the development of Bitcoin in the next few days, it seems that I will follow your instructions this time in a healthy manner.

It seems that I am not in a hurry to buy back, what might be a good move to wait a little longer $6000 or $8000, is my belief healthy.

I see this current descending triangle (as I'd name it, extasie called it a bear penant as both are quite similar) but either way we should break down to 9000 in the next move coming (if we don't cross 10.6k before a drop below around 9700 I think this comes even more likely).

While I don't think my analysis isn't too innacurate, I don't trade it with much compared to the size of my hold position just in case.

Quote from: exstasie on Today at 06:40:18 PM

So true.

The old hands get it: Bitcoin bears are really just bulls who want to buy lower.

I've still got cash on the sidelines myself, waiting to buy another round of panic. I'd love to shake out some more late bulls and see that $9,600 weekly CME gap filled.

I dunno I'm sure there are people loading up the charts every so often hoping bitcoin fails because they lost their wallet or missed $150 and are just hoping they're proven right...

That being said, there sure are those optimistically buying all the dips and doing fairly well from it but in this case, we all switch from being bears to being bulls at some point.

I'm just hoping we don't end up with a fake out before the gap fill but we got close to it last night.