Disliked{quote} The US Marshals Service (USMS) has announced that it will auction off 50,000 bitcoins, worth roughly $20m ... http://www.coindesk.com/us-marshals-...ross-ulbricht/ how deep can BTC sink? 266??Ignored
Shit Happens
Bitcoin Analysis 22 replies
Bitcoin-Family math and technical analysis 20 replies
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
Disliked{quote} The US Marshals Service (USMS) has announced that it will auction off 50,000 bitcoins, worth roughly $20m ... http://www.coindesk.com/us-marshals-...ross-ulbricht/ how deep can BTC sink? 266??Ignored
DislikedHi friends, Very busy 2 months behind me and another month to go - I hope to hit this rally for what it's worth - not that it needs to run very high, I just need consecutive green candles to do my thing and a $200 Bitcoin rally is just the right instrument. You guys do know trend is up, right? Not convinced? Here's a chart from last week showing the role of moving averages in the Bitcoin chart: {image} Here's a hourly Bitstamp chart showing how the MAs are coming together - not that price will rally immediately - they need to do a helix dance first...Ignored
DislikedThe lower wedge trendline has subsequently been breached, so decline to one of those targets near $240 or $220 could be on the cards. That $220 level is a support floor that has been established during 2015, so it should hold. Yet, there is the matter of the consensus rule being violated by Mike Hearn and Gavin Andresen, which has fundamentally devalued Bitcoin (until the Bitcoin-XT project fails or is voted irrelevant in Feb 2016). While there is uncertainty, no serious investor would bet long bitcoin or do so with large amounts. Rather than a...Ignored