Post
Topic
Board Speculation
Re: do NOT buy in $48x trap now! it's a fake bounce! $300 crash soon!
by
MatTheCat
on 19/08/2014, 11:57:57 UTC
remember the dead cat bounce to $520 from $475 crash at 3 days ago?

today you are seeing the same fake recover! bitcoin will soon crash harder again to $300

do NOT buy any coins now or you will lose more money!

Yep.....Bullish divergence showed itself on the $442 bottom, but bearish divergence is already transpiring on 4hr chart with $493 high. Bitcoin may creep up a a bit higher from here, but this is not a time for bulls to load up, but for bagholders to carefully choose their get off stops. The momentum is down.