310 in 1 hour or never.
Ha ha ha.
I went all-in a leveraged short at 308 several days ago. And watched it go up to 350. But my conviction that it will retract to 270 is rock solid. I simply know it. Call me Nostradamus.
If it goes above 370 I am wiped out. But I won't mind since its a small sum of money I am already determined to loose. I don't take bitcoin speculation seriously.
Be patient, gravity works all the time. Only thing that can bring it much higher is yet another pump. Large or small. And likelihood of another pump to 370+ is not small. But smaller than it going below 300.
Remember - bitcoin price doesn't reflect anything. Not yet. At the moment its just blowing in winds of speculation.
Wow...really? You will get wiped out...!
Bitcoin is for real traders not the fixed stock market naked short bs!
The pros are at the poker table and its game on...
Bitcoin is not for real traders, because its price can be manipulated severely (and easily) by a single person or a single pump&dump group. Therefore it is almost pointless to do any analysis and there is little or no added value for your time and work doing this analysis. You might as well hold forever or sell and never come back.
Maybe there is point in making automated fast trading mechanisms that will capitalize on short term price oscillations, but not things like long term technical analysis etc. Who are you kidding? That crap doesn't even work in stock market these days.
Why I know that its going to 270 is simply the fact that bubble hasn't deflated fully yet. You say "naive", I say "simple" lol
And I didn't need no "real trader voodoo" to figure out that it was a bubble. I know when I see one. And I was shorting all the way down from 500
+1