Quote from: palle11 on December 08, 2020, 04:25:23 PM

Quote from: daarul50 on December 08, 2020, 12:00:07 PM

Even with a charm of millions dollar future contract that will expire by the end of next month predicting the price will pass over 36000 usd.
We are now many times failed to get the price we wanted at over 20000 to stay longer.
Rejected over and over again and could be a signal to use your seatbelt in the downfall anytime soon.
I dont know people seems so done now so do i.

The rejection of 20,000 for this season may not be a signal that will push price to fall. Bitcoin is unpredictable. We can't be surprise if another push can break the boundary and up we go to 30,000 by next year second quarter Shocked

Could be and could not be, obviously it is always about this two right? You cannot speculate your investment all the time by saying it is unpredictable, sounds too desperate for me.

Quote from: STT on December 08, 2020, 11:43:06 PM

I was thinking we had broken that triangle even, to add to the other measures previously holding while we rose in price considerably. A pullback is fair game at this point and we look further afield for a conclusive price to settle at and since we rose rapidly thats usually going to a bit below here.

So its losing the weekly average, not sure anyone else but me cares about that one but often we find ourselves maintaining above this measure when trending up. I trust trends more then any other type of action, we can always burst up on news but thats my game to predict. I think we got 20k near enough and thats the deal in the near term and we'll see later on the bigger picture prices where we can go but most interesting speculative trade right now is possible downside seems like.

Sure we do care about trends as that is what bring the market into certain mood.
And currently in the quite bad mood.
Pretty much sure to stop buying in largr scale with this situation unless if you are willing to digging your own grave.