TradingView
Justice
Dec 2, 2013 1:52 AM

Possible, but worst case scenario for BTC Short

Bitcoin / U.S. DollarMt.Gox

Description

Possible low's are our previous highs...Willing to stick it out until we find the true bottom.
Comments
BryceWH
lol at anyone trying to pick the top of a long standing trend bubble on a 2 hour chart
flibbr
too much bear.. it's not a stock, it's a deflationary store of value... only way is up.
Justice
'It's different this time'...right?
flibbr
current bubble popping value as per long time log graph = $395-$500 per coin depending on your trend line.
Largest bubble = 32x starting price ($1 -> $32 -> $2) . .. this one started at $109 . . .so could go 3k.. RSI shows alot more to go in this one yet.. strong resistance at support levels, alot of good news / media exposure.. just don't see the justification for the bear right now.
More