Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JimNastics
on 19/08/2014, 08:39:56 UTC
We are Bulllish --> Says the Bear Club  Grin


Exactly. Permabears are bullish since yesterday while permabulls are bearish. So the turn (short-term) was obvious.

I can't believe any genuine "permabears" would turn bullish after yesterday... they will need to see it drop to somewhere between $340 to $420, then rally on high volume with indicators turning bullish. Really, that's what anyone with some common sense should be looking for, it would be extremely healthy.