The chart seems to reflect technologies that can be reproduced limitless or near-limitless times. New softwares, computers, services, etc.
altcoins? |
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1d 50SMA about to cross 1d 200SMA.
Counterrally to around 510$ - 540$ possible.
For tomorrow: 425 -445
For the next weeks: Retest of 266$
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its over folks bitcoin is dead.  lol yep eiskalt killed BTC  The bloodmoon will kill it. Bon Scott saw it and told everybody. Shortly after this the CIA killed him. Finally it all makes sense.  |
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"If You Want Blood (You Got It)"
It's criminal
There ought to be a law
Criminal
There ought to be a whole lot more
You get nothin' for nothin'
Tell me who can you trust
We got what you want
And you got the lust
If you want blood, you got it
If you want blood, you got it
Blood on the streets
Blood on the rocks
Blood in the gutter
Every last drop
You want blood
You got it
Yes you have
It's animal
Livin' in the human zoo
Animal
The shit that they toss to you
Feelin' like a christian
Locked in a cage
Thrown to the lions
On the second page
If you want blood, you got it
If you want blood, you got it
Blood on the street
Blood on the rocks
Blood in the gutter
Every last drop
You want blood
You got it
O positive
Blood on the rocks
Blood on the streets
Blood in the sky
Blood on the sheets
If you want blood
You got it
I want you to bleed for me
If you want blood, you got it
If you want blood, you got it
If you want blood, you got it
If you want blood, you got it
----------------------------------------------------
Wow, AC/DC knew about bitcoin in 1978.
R.I.P. Bon Scott (and of course bitcoin)
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weekly chart not looking good. 612$ far away, not to speak of 643$ undecided about Litecoin. But revising my bullish viewpoint on it - most likely it will go down even harder than bitcoin... ...although the daily chart is looking sideways somehow  |
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Expect a test of 612$ within the next couple of days.
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On the weekly chart:
Price is below the lower envelope band (SMA20) and below the SMA25. Both are still rising.
One could expect a (re)test of at least the SMA25, which is at 612$ right now. Indicators would allow this to happen.
If bitcoin would manage to close above 643$ (EDIT: by Sunday), it would be a bullish sign.
If not it will go south for a long time.
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Look. You joined this forum in 2011 and your first post was wanting to sell something for a bitcoin in exchange. (...)
That is a Lie. My first post was about Mtgox. It can be found here: https://bitcointalk.org/index.php?topic=33413.msg417704#msg417704I never wrote anything about wanting to exchange something for bitcoin. So either you're trolling us all for cheaper coins or your just bored. (...)
None of them both. Who is "us"? One should speak for himself, not trying to patronize others. (...) you haven't offered any analysis that makes sense. The factors you follow are as if you picked them from the sky.
It is called speculation. One could argue against it, but simply offering rhethoric and personalizing debate is meaningless. |
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I really think there's gonna be huge buying pressure well above the $300 mark.
I hope I'm right.
The lower bollinger band on the weekly chart is now at 411$. Would be better not to touch it. Short term: Bounce to 580$-590$ then back down to below 530$.
Medium term: 135$
Only guessing, so probably it will be different.
it's so easy to throw out quick predictions, what is your reasoning for $100s? shit even Fonzie just bought a bunch... It is also easy to deny the fact, that we have been there already (for whatever reason). Besides this, there is talk about raising interest rates at the fed. Would be quite damaging (also to PMs), if true. EDIT: |
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It seesm everybody and their sister is looking to buy at that $400 level. I suspect that final capitulation may be closer to $200-250 but I know nobody wants to hear that.
Last summer many people like you said the price was sure to revisit 32$. Actually they said the price would revisit 50$, which it didn't do.  I think we might be here. No, if one compares it like that, we are around 3-4 weeks later. Watch 1d 7/30 EMAs and look at the envelope (SMA20) band - it is more obvious then. |
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On the weekly chart:
If bitcoin does not reach at least 750$ within around 2 weeks, SMA 7 will cross SMA 30.
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wow people seem to be extremely bearish lol talking about sub 100 and shit next target $10k! 650$ would change my viewpoint. Still cannot see it. |
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Breaking previous ATHs is a bearish sign. Bitcoin never did this before. If it happens, it will not stop to continue the downtrend.
Participants and those interested in the market will be turned off.
Bitcoin the protocol would still be there for a while, but it would be meaningless.
Just because it hasn't, doesn't mean that it can't! It's a natural cycle of financial markets. Sure, but the odds would be against it. |
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Breaking previous ATHs is a bearish sign. Bitcoin never did this before. If it happens, it will not stop to continue the downtrend.
Participants and those interested in the market will be turned off.
Bitcoin the protocol would still be there for a while, but it would be meaningless.
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What is this "resistance"?
When it is buying, it is called "support", not "resistance". "resistance" is selling.
You are right, sry I am at 135$ already |
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If the global socio economic trend continues, 95% of the people will simply not be able to afford food, not to mention energy.
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There are many reasons to be pessimistic but let me give you a few reasons to be optimistic : More and more people are starting to understand that a big government is bad for them and protect the big corporations instead of protecting them; the freedom ideas are travelling fast on internet, everyone can get to understand them by watching a few videos of Stefan Molyneux : https://www.youtube.com/user/stefbotFor me, that is one of the most scary things: large numbers of people being convinced that governments and laws are bad, and therefore rejecting democracy and democratic politics. Historically, those people have always been instruments of parties that overthrow democratic governments to install opressive dictatorships. Asia is developing and parts of Africa too
China and Southeast Asia seem to be improving, not sure about the rest. Parts of Africa are getting worse... Big government has nothing to do with democracy; a big government is an opressive dictatorship that steal your money and your freedom Such a huge portion of humanity has left poverty in the last decades Thing is: Big corporations bribing and holding hostage the referee. Then telling people, the referee is a bad guy. Endgame: Referee gone, big corporations rule, people loose even more. |
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520$-530$ is a horizontal resistance, which should not come into play again at this time of the post bubble burst.
One could assume a downfall to 100$-135$. For whatever reasons, the market was already there and those who want to buy cheap will wait for that price level.
If this plays out, bitcoin cannot recover
-broken previous ATH,
-broken the lower bollinger band in the weekly chart for the first time.
For the latter even 300$ would be sufficiant.
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There are many reasons to be pessimistic but let me give you a few reasons to be optimistic : More and more people are starting to understand that a big government is bad for them and protect the big corporations instead of protecting them; the freedom ideas are travelling fast on internet, everyone can get to understand them by watching a few videos of Stefan Molyneux : https://www.youtube.com/user/stefbotFor me, that is one of the most scary things: large numbers of people being convinced that governments and laws are bad, and therefore rejecting democracy and democratic politics. Historically, those people have always been instruments of parties that overthrow democratic governments to install opressive dictatorships. +1 |
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