What the hell kind of resistance is bitcoin hitting at exactly $ 1280?

>>1838155
somebody is betting big for btc to stay under that certain amount.

you can bet money for btc to stay under 1280 for 7 days.

I think it's called "rationality"

>>1838196
That means there must be a reason bitcoin is hitting that very specific ceiling, which is exactly what I'm asking about with this thread.

>>1838164
In 3-4 hours bitcoin will be around its ATH and knocking at $1300.

>>1838203
I think bitcoin broke ATH days ago.

>>1838211
Yea thats the one I was talking about.

Whales want to accumulate as much sub 5 figures BTC as possible.

>>1838302
Whales want to hide the tendency to drop due to it's uselessness*

>>1838199
its called market manipulation and its going to fuck over all these small hobby coiners hard

but dont feel bad, if it gets approved it will fuck over millions of smucks as they pump it then the big guys dump it.

>>1838155
Who can elaborate on this?

The largest Bitcoin mining pool (AntPool) just mined a BU block.
Grab your popcorn, the next 24 hours are going to be interesting.

>>1838921
I'm not too into the technical side, but afaik Bitcoin Unlimited is a less elegant solution, but a more future-oriented solution than segwit.

>>1838302
A real whale could just scoop it all up the market
cap isn't that big..

File: member?.jpg (12KB, 400x400px) Image search: [Google]

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>>1838155
It's manipulated by wealthy chinese member?

https://99bitcoins.com/why-is-china-ruling-the-bitcoin-trading-ecosystem-infographic/

File: segwit vs bitcoin unlimited.jpg (455KB, 1835x1013px) Image search: [Google]

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>>1839788
>>1838921

Seg wit will be adopted, etf will pass, Bitcoin as we know it hits around $40,000 a few years down the road

File: BTCC.jpg (159KB, 1742x519px) Image search: [Google]

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I don't know why its at $1280, but its gone too high too fast. It will drop to meet the trend line.

>>1839941
do you have anything like this for Eth?

File: ETH.jpg (290KB, 1996x764px) Image search: [Google]

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>>1839946

I just made that shit in paint in like 30 seconds. Don't take my word for it its just what I predict.

Made this for ETH but its not as simple as the BTC timeline, I don't really have an opinion on what ETH will do.

>>1839941

Also it could maintain its current price until it meets trend or Jump up even further due to this ETF thing.

>>1839941
>It will drop to meet the trend line.
Not before this ETF announcement.

>>1839810

Written in 2013

Wew lad are we going prehistoric?

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>>1839810
>>1841370
Chinese yuan controls as much of the market as the dollar and yen do.

The Chinese 95% volume was artificially inflated, and the PBoC remedied the situation, pic related.

>>1840018

...and its dropped before the ETF.

>>1842364
Not to meet the trend line, not by a long shot.

This is pre-announcement speculation.

>>1842364
http://www.coindesk.com/one-bitcoins-biggest-funds-selling-ahead-etf-decision/

I'm holding on, ETF or not, it won't matter in the long run

>>1842386
>Not to meet the trend line, not by a long shot.

its not stopped yet.

>>1842402
Ok bro.