Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
kehtolo
on 21/05/2014, 10:40:19 UTC
Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

I'm not telling you to buy or sell..

I think this IS a/the breakout.
More confirmations required to confirm reversal. We need to stay above $550 in my opinion for reversal confirmation.
Though it would appear the downtrend is in fact broken.

A better time to buy would have been at $400-$430..

If momentum continues right through June.. we'll e over $600 by then. So, ask yourself.. what is the entry point you are looking for?