Bitcoin Forum

I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

What MA's are those? It means nothing without params

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

https://www.tradingview.com/v/6IKocgSv/
https://www.tradingview.com/v/82wGwlnO/

We'll see...

...or not.

I can live with both opertunities.

pretty sure it's weekly, judging by the amount of bars since november.

I was meaning 20, 50, 200... to see what cross that is.

yup, bored like hell, like usual

why dont you just take a nap or something and come back 1 year later??


Do not trust those people that saying bitcoin gonna break all time high in one week or one month because it aint happen so quick

Take a break. A watched pot never boils.

reason for an incoming big rally, somewhere between today and the end of times: we are not in the $10 range, like some economist with good reputation predicted

I imagine the selling pressure is a quick profit taking and a breather. A lot of panic buying transactions before the auction didn't clear until today so we had a little bit of selling pressure today. Next, imagine that there will be a couple days thereafter for those funds to return to somebody's bank. Thereafter, they'll probably be a buy in rush early in the week to account for all of the good news. Figure a Monday or Tuesday spike is likely... maybe not a huge rally, but an extra $30 or $40.

Finally, remember that the whales involved in the auction are sitting on the sidelines because, had they bought directly and not participated in the auction, they could have scored a sweet buy in the $550 to $600 range and now they are looking at $640-$650. Once they realize there is some stability, here, they'll jump to cash in on the good news.

This is my imaginary world where I believe all will be well. Practically speaking, though, there is no reason not to have a jump in the wake of all of the wonderful news.

Wobber, me feels you're getting scared a bit  ;D

I  give you 1D, 3D and week MACD all in green. Panic buy wobby, or you're going to be left behind  :P

It's pretty blatantly stupid to see a new thread by someone you have on ignore and think is annoying, and then go click on the thread so you can complain.  Go get some sun, it will put you in a better mood than hunching over your computer all day, trust me.

Hey hold it right there and stop that weak mind, lots of good news for Bitcoin appears everyday, it's just a matter of time when a huge one

hit the target and prices boom...

Green candles, ok, but we still dropped $25.

We need a warm-up to break the 38,2% Level. If it does not break than...

...maybe comes a longer sidewards-movement. Or a huge drop.

Who knows...?

The market actors' ways (minds) are inscrutable. Just wait, it will happen.

we dropped less than half a percent?! OH NO THE WORLD WILL SURELY END TONIGHT!!

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

If I'm not mistake 38.2% is around 650, which explains the struggle to get past $650

Once we pass that shit will get real.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.

And higher than a year ago.

what happened exactly one year ago?

https://i.imgur.com/Wv6De16.png

 ;D

This action from ~660 level top just looks like a bullish consolidation to me. I think we are close to local bottom here, then take a crack at that resistance level. Then maybe 680, 720, we'll see. We could hit these targets and still be in a longer term bear market, though.

Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

I hope it repeat, i want the deja vu.

This is interesting. I wonder how many of them regret putting their money up for the auction. The opportunity cost there is pretty big. Having that money free to buy coins the regular way would have probably been a better option for most.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.

the ceo of ebay has said for over a year he wants to integrate bitcoin , and paypal also said they want to deal with it too.

Yep, here he is:
http://video.cnbc.com/gallery/?video=3000281677

He can see that cryptos will eventually win (bitcoin or in some other shape), it's very smart of him to adapt to this fact.

I believe we reach $5500 by the end of the year

its clear when you look at chart

It's "clear"? LOL, I'm bullish but not blindly so. I'd like to see your chart that makes this so obvious. If the market were this predictable, we'd all be filthy rich by now. Instead, we're all still waiting for bitcoin to take off. :)

I think these charts need to be posted. I do think the bubble cycle is still in effect, and I do think that if we bubble up in the coming months we will see roughly $5000. That's my average guess.



Check my tradingview account for more stuff like this, I've made a few more:
https://www.tradingview.com/u/lowstrife/

https://i.imgur.com/khsBncr.png

https://i.imgur.com/OFu0sD4.png

Nice charts. So based on your analysis, how long should the stability period be and when should the top be expected?

Both good news and bad news are out of the way.

It is unknown news that will either spark the rally or cause a crash.

This is becoming annoying. Crash, after crash after crash. I wonder how many days such event put us back from 'the next big rally'.