Anyone knows about that new china taobao crypto ban? Could it be the cause?
no.
guys... this is what happens when we go parabolic above a trendline after a bubble. the same thing happened in April-May.
i hope all of the newer traders who were confused as to why i was unsettled by this weekends rally, and the multiple warnings of "we'll pay for this later" understand now.
+1

haha you're obviously not a merchant trying to actually use bitcoin as a currency, or anything like that

like i said, sometimes i believe the crap about speculators being good for a market, but then again this bullshit happens with frightening regularity...
Arepo can I ask in all seriousness... do you have a technical term for this kind of pattern?





