Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
thefunkybits
on 06/03/2014, 08:14:33 UTC
Probability of break out in the next 4 hours: 55.6%



What's with everyone calling for a breakout right now? We just met the 3 month downtrend a couple days ago, and it takes a couple weeks to break out of a 3 month downtrend. It would make no sense on the chart if it just went up right now without any consolidation.

lol historically speaking betting against Adam = $$$. But I agree, the technicals need to be realigned and there needs to be a massive injection of cash to keep these levels up at the present time. Im going to call a bottom of $575 on Stamp before going back up