Just bought more at 216. I don't worry.
funny enough for some reason that was a buy in point i picked as well
still wouldn't mind further drops
Put a stop loss on in case of further drops.
Now let's find out, how real the walls on BitFinex are
There's a big step at 247 and another at 245. I'm thinking if someone dumps through those everything behind them will automatically get pulled. We haven't had a big move for a while so it's time something happened.
Good morning Bitcoinland.
Still digesting yesterday's shot up to $789 but creeping up from the $750 sideways line. At least today's candle is green now.
We breezed past $680 in a couple of days but $780 is starting to look as sticky as $580 was. That lasted a week.
If it continued shooting up without a sideways period it wouldn't be sustainable. There are steps all the way up to here on the charts, and I hope we are on the sideways part of another step up. New fiat from the banks could push the price up another step next week.
This strong rally has attracted only minor attention:
Why don't you identify about what the chart refers?
It looks like the bitcoin days destroyed chart, but without a vertical axis scale I can't be sure.
This is the days destroyed chart from blockchain.info, it follows the same pattern as tzupy's but with more detail.
google searches??
I tried that but the best google could do was link to tzupy's image and say the best guess is that it's a diagram.
Support broken!
Didn't expect this... Waiting for a long entry, but this is getting bearisher...
It looks like a double bottom to me. The price is up by $20 from its low, and that last dump was weak. This is getting bullisher so you should make your long entry now instead of waiting to buy in higher.