Bitcoin Thread

SaiyanZ

Executive Member
Joined
Jun 5, 2008
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8,136
Looks like an inverted head and shoulder pattern forming over the last 6 hours. So the tea leaves say sideways between 8.2k and 8.3k for another couple hours and then liftoff.

When you have nothing else you have to look for the patterns. Called the inverted head and shoulder pattern when we were at the green dot.

head.jpg
 

SaiyanZ

Executive Member
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Jun 5, 2008
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8,136
I'm thinking this may be the $14k push this time round, within the next 2-3weeks(but thats my 'the glass is overflowing' view:D)

Lets see how far we go today. Over $9000 would be a start.

This time I'm holding as long as possible. On the last run up from R75k to R140k ($6k to $11.5k) I sold at R112k thinking we wouldn't go too much further and needed a pullback. There was little to no retracement on that run so I missed out on a lot of profit then.
 

Temujin

Honorary Master
Joined
Apr 18, 2015
Messages
18,302
Lets see how far we go today. Over $9000 would be a start.

This time I'm holding as long as possible. On the last run up from R75k to R140k ($6k to $11.5k) I sold at R112k thinking we wouldn't go too much further and needed a pullback. There was little to no retracement on that run so I missed out on a lot of profit then.

Indeed, I'm wasn't saying it's going to just climb, will be normal ups and downs, but creeping upward to test that $14k(hopefully:D) But yes, will see how next few days goes before I get too excited
 

SaiyanZ

Executive Member
Joined
Jun 5, 2008
Messages
8,136
Green dildos? Lol

Yeah there should be one today already.

If it's going to take off based on the bull flag it I expect it to happen very soon. Read that these things normally have 6 counts up and down.
 

L10Yn

Well-Known Member
Joined
Oct 20, 2014
Messages
310
Looks just temporary. I think $8.5k again soon.

Going to $7800 - $8200 in the end, that's where my longs actually are. Just wish I was at home to take the damn short from before
 
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SaiyanZ

Executive Member
Joined
Jun 5, 2008
Messages
8,136
Looks like Luno overreacted a bit to the drop. The price only dropped about $250 but we dropped almost R5k on Luno. Probably people just cashing in their profit while still ahead and not realizing that we way under the converted price.
 
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