Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 04/05/2014, 19:53:34 UTC
this is the first time ever I see a 1,5k Wall on Huobi.

beginning to scare me.  Sad

there, I took my walls down just for you  Wink

thank you, what a relief.  Cheesy

*buy buy buy


YES!!!!    I have been wondering how low this bear trap is going to go b/c I would prefer to buy a lil MOAR at the lowest point in this series. I was thinking that if it gets down to $420-ish in the next 24 hours... that is about as low as we can expect... absent some kind of negative news.... which negative news (or FUD) is always possible to help to drive some additional downward price pressure(s). 

In sum, I am thinking maybe to buy a little bit at $420-ish... if we get there.  I welcome to hear any other theories about the extent of downard price movement, here.





If you think it is a bear trap and we will go up a lot soon you should buy now!

We have been in a downtrend for a while with a few bull traps

Yes, ultimately I believe the price is going to go up.. but I am NOT certain about any of the price direction.  If the price goes down, I would rather buy more at a lower price.... I am also o.k. with my current BTC holdings, in the event that the price does NOT go down further, then I will be stuck with my current holdings..    Who knows, but if the price lingers here for a few more weeks, I may buy more at the current price point.