Looks like we got a breather for now. Not convinced this is over yet, though. Bearish me expects a low of around $380 within the next 2 weeks.
That's very bearish. I don't think we will see sub-400 again.
I guess I'm wrong. I thought we won't see sub 400 again but we are already sub 400 for a long time. Trading is very hard for me these days.
There is no such thing as late in Bitcoin world since late 2013.
Not expecting rally in 2 months. Stable prices go on.
Back to the topic , is there any explanation for the drop other than:
- usual weekend bear stuff
- trader adding two 00 to the sell order by mistake
- earlier adopter wanting a new ferrari now?
- china banning bitcoin for the 2015 time this month?
I can't see any reasonable explanation for price drop. I think it's the new normal now, buy weekdays, dump at weekend.
500$ tonight, 600$ tomorrow, 700$ next day, 1000$ next week. Looks good to me.
beginning of something nervousness. as if the 500 dollar limit any psychological obstacles. or just got tired at the moment.
I warn you that the fall can be so fast that you miss respond
500$ is another resistance but it will pass tonight. just wait for graphics to rest some. We'll move on a couple of hours later.
Let's see weak hands before going to
600$ 800$ 1000$
Sell now and cry later.
Remember remember the 5th of November. The price will be 600$ tomorrow evening.
Mainstream media did their thing (NYT, WSJ, Bloomberg, etc). Get ready for the next wave.
Can you show some news? I don't see anything new for
the next wave. What's the difference than yesterday?
That dump just killed me. I got margincalled for 1 btc. And now I bet its going to only go up. So shitty.
Just a normal shakeout after a pump like btc just saw. in a month we'll be heading back up and we'll be even stronger.
So it was a bear trap?
Looks like it. Next stop $1200?
