Bitcoin Forum

Economy => Speculation => Topic started by: EuroTrash on April 23, 2013, 12:40:12 PM



Title: April 23rd sentiment poll: stability at last?
Post by: EuroTrash on April 23, 2013, 12:40:12 PM
- Google trends is downward by now
- in the last 3 days we see very little oscillations around resistance lines (120$, 124$, 128$).
- Gox volume is decreasing but still more than 60k BTC are exchanged daily

What's your forecast?





Title: Re: April 23rd sentiment poll: stability at last?
Post by: just1nmc on April 23, 2013, 12:48:14 PM
Google trends actually had a slight rise at the last point. It fell off a lot since the peak, but keep in mind it is still higher than the majority of March, where we saw most of the price increase.

Less trading going on, but I think it's just the uncertainty. Plenty of bid/asks are being placed though, and the bid sum continues to rise at an ATH.

https://i.imgur.com/3VtTHvy.png

https://i.imgur.com/9UE5TWf.png


Title: Re: April 23rd sentiment poll: stability at last?
Post by: BTC Books on April 23, 2013, 01:43:38 PM
My forecast is up, followed by widely scattered bursts of down, with occasional downish spiking upwardness and a slow, steady increase in wild fluctuation.

This is bitcoin.  Stability?  Please...


Title: Re: April 23rd sentiment poll: stability at last?
Post by: chiropteran on April 23, 2013, 01:48:08 PM
Stable value just means it is about to go up dramatically soon.


Title: Re: April 23rd sentiment poll: stability at last?
Post by: evilscoop on April 23, 2013, 01:49:32 PM
you had to say that...
mt.gox @ 134.96 atm so im saying still not stable


Title: Re: April 23rd sentiment poll: stability at last?
Post by: blackreplica on April 23, 2013, 01:50:22 PM
Screw stability. Make money trading the swings my man. As long as the price trends upwards the worst you can do is cash out too early.

My guess is a fairly rapid rise to test resistance at 150 then a minor correction, consolidation, and a continued/slow upward trend