Post
Topic
Board Speculation
Re: why's the price going down again? is it the China 'tards dumping again?
by
MatTheCat
on 02/05/2014, 22:58:03 UTC
Good Luck with that ...Wink

Yeah...I sure hope I aint aiming too high and don't rely on upper most reaches of bounce just to break even!

Ok so lets mark this weekned as your best buyin oppurtunity at the prices you are looking for ...sound reasonable??

If we get through this weekend and we dont even get close ..(we may retest the 410 support ) will you own that sub 300 is a pipe dream in this current market ?



I am not saying sub $300 this weekend. I am saying next significant support level is $260. Sooner or later, Bitcoin is going to have to test the upper resistance or the lower support. It seems pretty obvious to me which is the more likely of the two scenarios to play out.

Being long Bitcoin right at this moment is a pretty dangerous thing to be........Y'all be skating on thin ice.