Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
piyany
on 12/10/2014, 18:03:14 UTC
I think we are all aware the price has fallen 76% from the ATH.

I mean prove we are still in a bear market.

It is inherently impossible to prove anything that's based on pure speculation and public opinion.

eg. You can't prove it's a bull market either.

Actually yes, more bids than asks, price is going up, and indicators are going up

So it's either a trap and the large sells are coming soon or its a trend reversal and we're up from here

My bet is on the later

It can still retrace a little back to 330$. But then blow with full force through 400$ ! Grin