This is an exciting comparison.
I added Elliott Wave counts for both charts. And as one can see, the current rally is not 100% comparable to the one from last year. It rather looks like an a-b-c bounce, not the start of an impulsive rally.
That said, It can still turn into one, and the next few weeks will tell..
 if charts do indeed continue the next ath could be about may of 2015 what does ath mean? All time high |
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This is an exciting comparison.
I added Elliott Wave counts for both charts. And as one can see, the current rally is not 100% comparable to the one from last year. It rather looks like an a-b-c bounce, not the start of an impulsive rally.
That said, It can still turn into one, and the next few weeks will tell..
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wow, Ripple is rallying like crazy
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very bullish sentiment currently in the poll above
recent discussion i came across was very logical fact the majority of trades are bad and only a minority profit from trades is it not fair to say then the leading poll prediction is mostly wrong
In our forecast service, we integrate those sentiment measures to come up with the most probably bitcoin outlook. |
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We are now entering crucial crossroads for bitcoin prices...
Our analysts work 24/7, because the next weeks will be very hot
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very bullish sentiment currently in the poll above
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Up
you are part of the majority at this point. Let's see how it continues |
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The poll is up again.
What is the bitcoin Sentiment out here?
Curious..
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ANNOUNCEMENT: We have a new, limited trial promotion for our bitcoin forecast:
-40% off for the first month. This is valid until November 30 only.
This forecast has continuously outperformed buy and hold and is up +1,662.93% since last year.
See here: https://bullbearanalytics.com/bitcoin/
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What about all those little barracudas that do both, just to survive? Do you really consider them retarded, from the highs of your lucky-early-adopter-loaded position? It's not a matter of how many Bitcoins I do or do not have - it's a known fact that day trading (in general, not specific to BItcoin) is a negative sum game. Anybody who is not cheating is just achieving random returns. Over long time scales, the lifetime returns of all investors converge to the same average value (except for the ones that manage to cheat).
However, there is hard data showing that about 1 out of 1000 traders are very successful and outperform the market by large margins - on day trading as well as more long term investing strategies |
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Here is an update of our last forecast.
Of note: We still have some slots left for people interested in becoming members of the subscription pool. Here is the link: http://bit.ly/1qUp4qN
TRADING IDEA for Active Pro subscribers from November 4, 2014:
"Get long on a breakout above the 333.99 $ level with a stop at 320 $ and an initial target at 352.83 $"
Trade triggered at 340 $ on November 5, 2014.
RESULT for Active Pro subscribers from November 7, 2014:
" trade closed @ 352 for +5.39%" profit.
Kostenloses Bilderhosting
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I am expecting the bitcoin prices to go down slightly more in the next few weeks before starting a slow climb up. But then again thats me..please don't flame me.
Hey Jybrael, no need to flame anyone!
Bitcoin prices are still in a mid term bear market since the 1200 $ high, so it is entirely possible to see more weakness.Are you prepared to give a prediction of what the price will do over the next month without charging a subscription for it?
We have carefully considered this, but decided against it. The reason is that this would be unfair to all the paying subscribers. |
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Question to those interested in technical analysis:
Which moving averages do you prefer to trade?
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There is no "manipulation" in real.
It is just traders trying to maximize the price difference of buying and selling. Nothing more, nothing less.
One can profit from a declining or rising price development - direction does not matter.
Think about it man. If you have deep enough pockets, you can move the market in your direction. Now, given that it is technically possible, why should someone refrain from doing it? It is quite obvious to me that manipulation is real and pervasive, in all markets. yes there are efforts for manipulation all the time. but their impact mid and long term is negligible |
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And now we are back to ≈$300 and peering into the abyss. What could result in bitcoin not plummeting every time it climbs a bit? I understand speculators manipulate the market quite fiercely, but a pump without some new influence on the fundamentals would have to be a bubble, even if itīs from $10 to $100. What would make anyone here honestly believe we where heading up?
People have a very limited 'memory'. If we head up for a week, many people will start buying, effectively believing we'll go up forever. As a trader you are not interested in the price, only in the price differences. No asset is too costly to buy, nor too cheap to sell.
There is no "manipulation" in real.
It is just traders trying to maximize the price difference of buying and selling. Nothing more, nothing less.
One can profit from a declining or rising price development - direction does not matter.
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339 . Damn its going down again
;-) |
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I am expecting the bitcoin prices to go down slightly more in the next few weeks before starting a slow climb up. But then again thats me..please don't flame me.
Hey Jybrael, no need to flame anyone!
Bitcoin prices are still in a mid term bear market since the 1200 $ high, so it is entirely possible to see more weakness. |
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Updated altcoin forecast:
ON TRACK.
Specifically Boolberry has hit our target perfectly. Target was 0.009300 and it hit 0.009500 before turning down. Up +84.6% since our BUY reco.
Boolberry new rating is now NEUTRAL / Short term down consolidation.
New update to come in the next days
Good stuff. Following your thread. Here is an update on how the trading ideas for cryptocoins / altcoins fared: All profitable. New forecast coming soon.  |
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As a recap: In July, we said in our http://bitcoinbullbear.com forecast newsletter that the stop for short term positions is 539$. Since then, $BTCUSD is down -44%
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