BTCUSD an early buy here

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
542 6 6
Chart is self explanatory.
Warn: It will collapse southwards in a very violent way, stop loss orders will not even work. There are no ongoing (new, fresh, or call it what you want) buyers !!!! Only dip buyers on this market. Well seen pattern before.
-1 Reply
Maddie Patladj.
This awnser is really annoying.
You only warn him but you don't give really fact's why you THINK the market wants to go. The market goes where it want's to go. Buyers are waiting in the line for a BTC but also waiting for a good price.... These buyers are institutional men. Think first before you try to influence someone!
And even if we had seen this pattern before, fractal analysts isn't always right here in BTC word, most of the time it isn't
+1 Reply
Patladj. Maddie
There are no institutional buyers of bitcoin. Whoever told you that, lied to you. If it was true there would have been an uptrend, but not a downtrend. There 2 groups of market perticipants:

1. Are religion-like believers who dip-buy.
2. And another group of such who bought alot during the year and are now getting inpatient, many of them already loosing and can't afford to lose more. Others bought much early and still on profit, but want's to secure it.

Is that the fact-sheet that you want me to present, in order for my answer to be less annoying?
-4 Reply
Maddie Patladj.
It was Tuur Demeester who told me that... He talks with those institutionals himself! They are waiting for the best buy. There are big thing coming beween now and feb 2015. Don't miss the train :)
Patladj. Maddie
Institutions do not wait for the best buy. They act according to fundamental changes the next month they happen.
-1 Reply
Maddie Patladj.
It's what Tuur Demeester told me himself, and he is directly speaking to them. Maybe you should google his name and check you sources.
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