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Forum: Off Topic - Trading The Financial Markets

12-28-2017, 12:58 PM

Replies: 93

Argument against Bitcoin

Views: 17,028

Posted By Valuist

There is virtually no support until around the...

There is virtually no support until around the $5000 level. Remember, it wasn't long ago at all when Bitcoin was at the $5000 level. It if falls down there, bottoms and consolidates for awhile, I'd...

Forum: Off Topic - Trading The Financial Markets

12-28-2017, 12:55 PM

Replies: 93

Argument against Bitcoin

Views: 17,028

Posted By Valuist

I've always liked Carter Worth's technical...

I've always liked Carter Worth's technical analysis, but I'm going to have to go against him here. First off, there's another bloodbath today, so there's further damage to the chart than there was...

Forum: Off Topic - Trading The Financial Markets

12-22-2017, 10:37 PM

Replies: 93

Argument against Bitcoin

Views: 17,028

Posted By Valuist

Yep. Took about 3 days to reach bear market...

Yep. Took about 3 days to reach bear market territory. Charts that go straight up always end in tears for the masses. There are no "temporary pullbacks'.

Forum: Off Topic - Trading The Financial Markets

11-29-2017, 01:16 PM

Replies: 93

Argument against Bitcoin

Views: 17,028

Posted By Valuist

It certainly feels like 1999, as we hear "its...

It certainly feels like 1999, as we hear "its different this time". Its always "different" at the height of manias. Cisco was supposed to become the biggest company in the world, remember that? ...

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