YaKa
Short

Bitcoin - Dead unless trades above 310 again.

BITSTAMP:BTCUSD   Bitcoin / Dollar
573 9 5
Comments on chart.
Indeed, been having people arguing about this lately...what makes the price goes up if it can function as a currency at any price?
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YaKa PRO IvanLabrie
2 years ago
Not sure that is the question.
If Bitcoin could have had a real existence, it had to be stable.
The ironic thing is people got interested in it because it started to go up vertical.
This is also why it may disappear from the map.
I think it's been wrong to use the price as an argument of validity... the price should be the last argument.
I am still skeptical. For the moment, the price is just correcting heavy... Let's see how far it goes.

14: would not surprise me.

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IvanLabrie TOP YaKa
2 years ago
The blockchain tech can be used for other things, who needs Bitcoin after that is open sourced?
(hint: it's open source, and it's the only real Bitcoin breakthrough...)
My target is at least 86 before any kind of substantial reversal.
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Maddie IvanLabrie
2 years ago
How many peeps or money get involved ofcorse + the deflation
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Maddie IvanLabrie
2 years ago
How many peeps or money get involved ofcorse + the deflation
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near 300 will be my major sell, thanks for your charts
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ChartArt
2 years ago
Bitcoin traded yesterday on Bitfinex at $315 and at 309.9 on Bitstamp. Is this the start of a new downtrend wave or a reversal?
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YaKa PRO ChartArt
2 years ago
No idea here.

What is clear is that it is rebounding better than a dead cat. This thing is more alive than I thought.

I am not trading it so my focus will shift away. Good luck.
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ChartArt YaKa
2 years ago
Thank you for your quick reply. Yes, Bitcoin was never dead. Here is my outlook for 2015-2016:

Bitcoin price in "despair" stage of bubble (BTC chart 2015-2016)
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