Direction is NNE (north northeast) - MOON TIME

[ask]

Facts:

• On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
• On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
• This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.
• About to close back inside the weekly BB

How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead.

Wait... That last one isn't very inspiring 

Next week. Also third is on its way to be done.

Any estimates on:

2015 ath
2016 ath
2017 ath

?

Dont be too greedy.

[1715404875]

1715404875

[bitcoin carpenter]

2016 at end of first quarter  3860

2016 end of fourth quarter 6750

Followed by a few years of stable pricing above 1200 but under 3500

[ssmc2]

Facts:

• On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
• On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
• This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.
• About to close back inside the weekly BB

How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead.

Wait... That last one isn't very inspiring 

Next week. Also third is on its way to be done.

Any estimates on:

2015 ath
2016 ath
2017 ath

?

Dont be too greedy.

+1    and hopefully you're right op. It's looking good.

[PenguinFire]

I don't understand a word of what you are talking about but I like it.

xD  Me either man.  Well, I mainly just don't know what "MA" is or the numbers after it.  I understand most everything else.  The OP seems to really know what he is talking about though but, like he said, it isn't a for sure thing.  It just has facts to support the guess.

[darkangel11]

2016 at end of first quarter  3860

2016 end of fourth quarter 6750

Followed by a few years of stable pricing above 1200 but under 3500

There was a yt vid a year ago in which a lot of well known Bitcoiners were asked about their price predictions and most of them said it's gonna be $600+ in a year. Some even said $2000 and more.
Your post somehow reminded me of them.

[rjclarke2000]

I don't understand a word of what you are talking about but I like it.

xD  Me either man.  Well, I mainly just don't know what "MA" is or the numbers after it.  I understand most everything else.  The OP seems to really know what he is talking about though but, like he said, it isn't a for sure thing.  It just has facts to support the guess.

I just buy and hodl and read far too many posts/ threads on here. I won't even pretend I can read graphs/ charts or trade.

OP I am looking forward to seeing the outcome here.

Looks complicated + no bears posting = winner

[ask]

In 1:20 hour current spot on 1w PSAR graph will be locked.  Spots will be connected using concave curve instead of straight line.  Job done.

[cryptasm]

In 1:20 hour current spot on 1w PSAR graph will be locked.  Spots will be connected using concave curve instead of straight line.  Job done.

What does that mean in non trader english?:p

[ask]

In 1:20 hour current spot on 1w PSAR graph will be locked.  Spots will be connected using concave curve instead of straight line.  Job done.

What does that mean in non trader english?:p

Rocket engines to moon started... 

[cryptasm]

In 1:20 hour current spot on 1w PSAR graph will be locked.  Spots will be connected using concave curve instead of straight line.  Job done.

What does that mean in non trader english?:p

Rocket engines to moon started... 

I am on board of that rocket, I hope we dont crash

[ask]

It looks that we have already reached bottom of the handle http://www.investopedia.com/university/charts/charts3.asp

[TheRealistMassiah1]

2016 at end of first quarter  3860

2016 end of fourth quarter 6750

Followed by a few years of stable pricing above 1200 but under 3500

There was a yt vid a year ago in which a lot of well known Bitcoiners were asked about their price predictions and most of them said it's gonna be $600+ in a year. Some even said $2000 and more.
Your post somehow reminded me of them.

LOLS, darkangel!

This is also reminded me of the scenario of the fools to greater fools theory...

just like the dutch tulips and beanie babies mania ...  What happens when the less knowledged folks puts their speculative argument into a belief and sticks with their general path until they are burnt. It's sad how history always repeats itself until the population as a whole can be well educated enough to understand the economics behind instruments.

until then you are at the mercy of market makers =]

[TheRealistMassiah1]

I'm not saying that is where the price will be by the end of 2016, but I'm seeing similarities now to the market before the early 2011 bubble.


I hadn't bought bit coins for anything besides utility since I bought at 220 just before the last run up but im back into stockpiling bit coins now.

Again previous performance does not equal to future outcast ... also the "ride up" from 200 - 1100 dollars was based purely on market manipulation and market entry euphoria....  (for those that want simpler terms: when you combine willybot and market making algorithm plus a crap load of less knowledgeable people that want to buy into something that they think will profit = price instability up)

And from your statement alone I can tell you are some what of a hyper-bull but without the background in any economics or assets to back your own speculative goals...

[ask]

Guys please stay on topic & don't be offensive.  Otherwise I will be forced to lock this thread.

Thx

[ask]

Today is Monday & SEPA money transfer works fine...

[Mellnik]

Today is Monday & SEPA money transfer works fine...

So everything works as expected for you? 

[ask]

Today is Monday & SEPA money transfer works fine...

So everything works as expected for you? 

Yes

[WiiD]

Facts:

• On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
• On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
• This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.

How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead.

No golden cross, as 200d MA is not heading up right now.

[ask]

Facts:

• On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
• On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
• This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.

How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead.

No golden cross, as 200d MA is not heading up right now.

You are wrong. It is not necessary that 200d MA is heading up at the moment when 50d MA crosses it. Here is an example:

[sgbett]

I have no strong feeling either way but one random source on the internet says...

According to Joseph Granville, a famous technician from the 1960’s (who set out 8 famous rules for trading the 200-day MA), a golden cross can only occur when both the 50-day and 200-day moving averages are rising. Others takes a less stringent view on this. - See more at: http://www.stockopedia.com/content/trading-the-golden-cross-does-it-really-work-69694/#sthash.rjl9cIpK.dpuf