Post
Topic
Board Speculation
Re: Bear Trap ?
by
KimNam
on 25/06/2014, 13:13:26 UTC
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.

Do you agree ?

Nick.

I disagree, it is the perfect storm for a bear market though.

This ship is listing heavily. I think we go down to low 400s. If my pain meter in my head is really right, we will go down to low 100s as that is the point i would consider selling Smiley and most of my investments make me want to sell before they go up, just saying.



$100 to low i think
if 30K BTC auction winner get it with cheap price and he iimmediately dump it to market, maybe we'll see huge drop of price
but $100 is way too low Sad
i'll sell half of my BTC if it hit $500 after the auctions end