Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 18/08/2014, 15:51:02 UTC
Question is, how will you feel if the price rebounds to 500 soon? Or even 550.

If it hits 550, and stays at that minimum for 2 weeks or more, then it's likely a true reversal.  I'll happily buy more then.

Until then, it's still a bear downturn.  Acting like it's all over now is just silly.  It's the equivalent of shouting "We'll never see sub 500 again!" just yesterday.