Bitcoin Forum

Economy => Speculation => Topic started by: Enjorlas on April 15, 2016, 01:37:35 PM



Title: Technical Analysis Prediction
Post by: Enjorlas on April 15, 2016, 01:37:35 PM
I believe we are currently breaking out of a symetrical triangle. Potential price move up to $700 over the next few weeks/months:

[imghttp://http://i1241.photobucket.com/albums/gg504/Dslatton/bitfinex-btcusd-Apr-15-2016-9-28-19_zpswpva7rmm.png (http://s1241.photobucket.com/user/Dslatton/media/bitfinex-btcusd-Apr-15-2016-9-28-19_zpswpva7rmm.png.html)][/img]


Title: Re: Technical Analysis Prediction
Post by: Dilla on April 15, 2016, 01:44:02 PM
I wouldn't bet the cows on 700 but yea, let's get this rocket launched!


Title: Re: Technical Analysis Prediction
Post by: tmfp on April 15, 2016, 01:50:41 PM
Possibly, but there are such things as false breakouts. I'd wait for a break of the February highs for a confirmation.


Title: Re: Technical Analysis Prediction
Post by: Enjorlas on April 15, 2016, 01:51:58 PM
Possibly, but there are such things as false breakouts. I'd wait for a break of the February highs for a confirmation.

Probably the wiser bet.


Title: Re: Technical Analysis Prediction
Post by: lanmao on April 16, 2016, 10:10:58 AM
Although I hope it stand at $700. but it's impossible, Now the investors are not that desperate.


Title: Re: Technical Analysis Prediction
Post by: barbara44 on April 16, 2016, 04:20:37 PM
Well, these data are just predictions. There is a possibility that bitcoin might hit $700 in very near future but let's see.
There are a lot of things that can happen anytime.