Quote from: dnaleor on June 10, 2014, 09:56:10 AM

Quote from: DieJohnny on June 10, 2014, 09:41:08 AM

Quote from: dnaleor on June 10, 2014, 09:26:34 AM

After that, we could see a short rally above 1000 USD followed by a small crash towards 950 USD or something (just below 1000 USD). (compare to the rally 130 -> 206 and crash towards 156 USD).
After that crash, we are ready to rally again towards 3000, 4000, 5000 who knows? Grin

206 to 156 is 25% not 5%

I think we are at this step right now, last of weak hands are gonna sell soon, we dip below 500, then off too 2000-2500.

206 to 156 is indeed more than 5%
But liquidity increased also.

Possible scenario will be rally towards 1050 and down to 900-950. It's really hard to predict the level a rally/dump will reach, but it's almost certain we won't go straight up towards 1200 USD starting tomorrow Wink

Thanks for posting that! Saying something is "almost certain" in Bitcoin is one way to cause the opposite to happen. Wink