Quote from: p0peji on May 01, 2014, 03:30:52 PM

Quote from: Post-Cosmic on May 01, 2014, 03:02:04 PM

Quote from: FlyingLotus on May 01, 2014, 02:56:02 PM

We're getting close to the long term trend line again are we not?

Any thoughts on what is happening then? I know at the moment we cannot judge givent the various holidays, but every time we've got close previously all we have seen is massive dumpage

No breakouts, 99% chance.. simply $430-460, ad nauseam, till Huobi/OKC or one of their banks/providers says "Oops" between now & May 15-20th & at THAT time there'll be a huge dump.

This is imo also the most likely to happen, I still cant believe there are still people who think the PBOC crackdown on the exchanges is nothing but a bunch of BS.

Yes there will surely be more sellers queuing up come the ban, but my observation is we will hit that trendline before that time.. perhaps the dumping will commence ahead of time (just like the last major drop)