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Title: Bitcoin Trading: Price Analysis For 4/15 Post by: waawd_1 on April 16, 2015, 09:09:49 PM http://themerkle.com/speculation/bitcoin-trading-price-analysis-for-415/
Back again on a Wednesday, and bitcoin is still looking weak. Eight out of the last ten days, price has seen heavy selling, and one must ask how much longer can it last until we see a retracement? Title: Re: Bitcoin Trading: Price Analysis For 4/15 Post by: farting_shot on April 16, 2015, 11:04:38 PM ummmmm, how about "never"?
Title: Re: Bitcoin Trading: Price Analysis For 4/15 Post by: BlackSpidy on April 17, 2015, 05:22:30 AM I'd say sometime late this year. Maybe next year, I think we'll stay between $200 and $400 for this year.
Title: Re: Bitcoin Trading: Price Analysis For 4/15 Post by: Fabrizio89 on April 17, 2015, 07:27:14 AM yeah pretty much
Title: Re: Bitcoin Trading: Price Analysis For 4/15 Post by: flyingplows on April 17, 2015, 08:09:42 AM There seems to be some uncertainty among the investors because everybody wonders if there is going to be another dive to ~150$-160$ or not. If not, then we have a stable reasonable price I would think. And for the moon BTC itself will have to change a bit to become more convenient imho.
Title: Re: Bitcoin Trading: Price Analysis For 4/15 Post by: 8up on April 17, 2015, 10:10:17 AM The staircasing down to $220 could be a sign, that bears are not trying to rush prices down anymore (like they did before), but look carefully for the next supportlevel. It shows, that uncertainty is carving its ways slowly, but steadily into bear minds.
Edit: We have seen the same pattern since the $152 low, just upwards (bulls were the frightened ones). If both parties are uncertain atm, one could come to the conclusion, that we are in a transition phase, between two major long-term trends. |