Sorry for the long answer.
Now.
Let's change stops from 238 to 279. Current price 290.
Bitcoin could reach 308 in next 4 hours. That would be great, new high from beginning of january.
Here is some explanation:
Here is some technical analysis:
As you can see blue line broken , is a good indicator. Before price tried to take off few times (white arrows at sec. pic.) but had not enought fuel then. These two things together they say, "hey we really want to go up but cant to that jet.
Will add more explanation later, cuz im gonna sleep now. it was nice movement today and hard day im tired, hope you made profits , relaxing for now,
https://www.youtube.com/watch?v=ImOBrjSsHuwWe must be ready for major jump tomorrow.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs16.postimg.org%2Fiomhf40b9%2Ftrend_1.png&t=665&c=rlK2mla2tGXoAg)
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs2.postimg.org%2Fvnfdzpcnd%2Ftrend_2.png&t=665&c=Z7L_AbVmmaqDvw)
What's the point of this if you are not betting money?
I do.
Big potential.Trend :
LONG at 260 and under,
STOP AT 238<<<<<
Recomended money managment: risk 6% per trade.
I will u
pdate
LONG prognosis in the topic.
Higher forces are not involved in this...List of
wonderful forecasts :
https://bitcointalk.org/index.php?topic=1104548 interesting speculation, but i can not agree with the time-frame of one month, at least not after passing a couple of days to see how the market will shape up to be like.
What you will say now?
I would like to hear more insight about OP's prediction. I don't see how it could get to such levels just after leaving a 1 1/2 year long bear market trend. Something around $350 seems more realistic to me IMO.
"leaving a 1 1/2 year long bear market trend." - Actualy that's the major thing for me.
I cant really explain right now, head full of too much information. But still bitocin is something between
stock and commodity and ponzi bubble. If it's grows it's will grow high and fast.
I wonder if this thread is gonna be part of his list of wonderful forecasts lol
This made me smile, thx.
Some reasoning behind the prediction would be much appreciated.
Bitocoin is something between stock and commodity and ponzi bubble. If it's grows it's will grow high and fast.
Big potential.Trend :
LONG at 260 and under,
STOP AT 238<<<<<
Recomended money managment: risk 6% per trade.
I will u
pdate
LONG prognosis in the topic.
Higher forces are not involved in this...List of
wonderful forecasts :
https://bitcointalk.org/index.php?topic=1104548 What makes you think BTC will reach 1.200 USD within a month?
Bitcoin is something between stock and commodity and ponzi bubble. If it's grows it's will grow high and fast.
Interesting dream you have OP, not that I mind your hope-rocket.
Just don't take it in a funny way, as this guy had some great predictions before which is why we follow him...
We are with you @OP, let's show them the spike they think we are just "bragging" about...
Cheers.!![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fooligan.pdx.edu%2Fimg%2Fcheers1.jpg&t=665&c=Au3HbfLQfQ4Qqw)
What's your new cheap coin target?
very cheep at current moment.
239 still important "stop loss"
You still believe it will explode to $1200 by 8/1? or are you backing off of that prediction?
Sure. There was not a moment when I thought otherwise.
What's your new cheap coin target?
very cheep at current moment.
239 still important "stop loss"
You still believe it will explode to $1200 by 8/1? or are you backing off of that prediction?
exact numbers and timing points are less relevant than the opinion that we are at the beginning of a sharp uptrend.
If it will be proven to be so, such opinion should be considered VERY valuable.
However, I am not 100% convinced yet, so my slow accumulation continues (no bulk purchases yet).
One good sign, though: bitcoin price totally ignored the false block mining fiasco. Few months ago we would have lost at least 10% on that.
If bitcoin will ignore one more "negative" news for it, like Greece making a deal with EU on Mon-Tue, I would be convinced that we are at least in a medium term uptrend.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fstatic.guim.co.uk%2Fsys-images%2FGuardian%2FPix%2Fpictures%2F2013%2F12%2F9%2F1386604180419%2FA-dart-in-the-bullseye-of-008.jpg&t=665&c=OqEmlb2pdI45Jg)