Just an observation
Comment:
and after Mt'Gox
Comment:
There are some nice colored dot's you can see .. ignore them ..
I am too lazy to figure out how to hide them in "my idea"
I am too lazy to figure out how to hide them in "my idea"
Comment:
Did we just make a double bottom with 30hrs between them ?!
Comment:
.. make that a tripple 30hrs and 5hrs apart.
"somebody clearly doesn't want to sell under 3700"
"somebody clearly doesn't want to sell under 3700"
Comment:
oh and btw, we are now at about 81% retrace ..
Comment:
I keep looking at it, wondering, why does it seem to decelerate? Every new bullrun is a bit flatter than the last. Are we getting near the top of a classic S-curve? ...or is it something far worse?
Comment:
I'm having a sneaking suspicion .. and looks like there are others that think the same ..
We will see ... if it falls under 1500 (previous bullrun ATH) we are definitely F**ked. (or my whole theory is wrong .. which is of course impossible)
We will see ... if it falls under 1500 (previous bullrun ATH) we are definitely F**ked. (or my whole theory is wrong .. which is of course impossible)
Comment:
Looked at the BitCoinMarket.com data little deeper .. not so sure anymore that that would actually classify as a bullrun (it never did a proper retrace - more like it was only (part of)-leg1 from the next bullrun #2). So we would've just finished #3 instead of #4 ...
Comment:
About 83.5% retrace and volume picking up. Very nice.
Comment:
84.12% retrace
