Nights Watch by Afrikoin

[Dilla]

I'm sorry, but EW analysis that still expects to see sub $150 BTC has lost all credibility.  Why is it that every time I check out the EW Threads, they're always waiting for the biggest dump ever

It's always possible to happen, if it did, it wouldn't be there very long, most who don't constantly check the price would miss it. I feel most likely that it won't go down that low, we have too much support before that area, and the immenent halving in a few months will increase demand (even if just on a speculative level). It would take a massive unloading of coins, stranger things have happened though. It may be the bearwhale's final attempt. I'll be ready to buy

[jaredboice]

I'm sorry, but EW analysis that still expects to see sub $150 BTC has lost all credibility.  Why is it that every time I check out the EW Threads, they're always waiting for the biggest dump ever

It's always possible to happen, if it did, it wouldn't be there very long, most who don't constantly check the price would miss it. I feel most likely that it won't go down that low, we have too much support before that area, and the immenent halving in a few months will increase demand (even if just on a speculative level). It would take a massive unloading of coins, stranger things have happened though. It may be the bearwhale's final attempt. I'll be ready to buy

Well ok, a flash crash to $150 MIGHT be possible.  But at this point I'd put that up there as one of those really improbable maybes.  I know those kinds of flash crashes have happened before in Bitcoin, but ones that big and deep are super rare and would probably last like 2 seconds

[Dilla]

Like I said most will miss it 

[greBit]

This is a thread I'm starting to keep track of XBT markets, price movements and a bit of fundamentals. Mostly interested in price movements of the medium - long term variety. Not intraday.

The icon is a question mark because no one knows what the price will be next week, or the week after etc etc My idea of coming up with close predictions/forecasts is from the crowd.

Nights Watch because they see what is coming before the rest. Ideally, the point of this thread.

I believe there is a ton of information out there on where people think the price is heading. What I will do is bring together all i come across/ find into a single thread.

There IS great value in aggregating forecast from the 'wisdom' of the crowd.

Of course, not just any sort of shitty forecasts and TA, but what i judge and consider to be worth a look.

MY THREAD, MY RULES.

Will Mod if things get out of hand.

PLEASE DO NOT COME HERE EXPECTING STRAIGHT ANSWERS. Can't handle a maybe/dont know answer/answer you disagree with, GET LOST!

Since it is under 'Speculation' i will occasionally play toy with speculative charts & TA

Will gather charts from other threads too, no rules against that.

CHARTS, TA, EW, PnF. . . .

Free to follow.
No hate speech.
Peaceful thread.
no trolls

PEACE, LOVE and BITCOINS

Thanks Afrokoin. A neat way to get loads of info and daily updates all at one site. Appreciate it.

[SmoothCurves]

I expect bitcoin to bottom at about $85 dollars and that will be your opportunity to buy aggressively.   

source: http://www.wazua.co.ke/forum.aspx?g=posts&t=33165

I'd love a shot at $85 bitcoins.

[Afrikoin]

*no source link on this because its from a closed faceboook group*

"Bitcoin: A drop to $349.69 then a strong rise about $450 in the short term likely"

[spazzdla]

I like this thread

[Dilla]

Crazy accurate prediction if we go up from here.

[Afrikoin]

could it be that there are some "insiders" driving up the btc price currently, related to Armstrongs prediction of financial/political chaos coming in Q4 of this year (ie right now)?

pre-auction casual pump.

https://bitcointalk.org/index.php?topic=178336.msg12889118#msg12889118

[Afrikoin]

Dan V

https://www.tradingview.com/chart/BTCUSD/qQnWu9Wx-BTCUSD-POSSIBLE-CYCLE-COMPLETION-WITH-LIMITED-UPSIDE/

[Afrikoin]

from https://www.tradingview.com/chart/BTCUSD/YSGvn9sX-Bitcoin-bearish-EW-count-to-watch-out-for-before-jumping-all-in/

"The price rise since mid-September certainly looks bullish with an impulsive 5 wave structure. Volume rose and MACD , RSI & Stoch all trended upwards, even into overbought on a daily chart . I see potential for this to be a blow out from a large wave (B) expanding triangle considering it took a parabolic structure in a short amount of time. The big wicks on the daily candles are suggestive of a corrective turn. (If price continues to fall from this week's high, we could see a shooting star on the weekly candle.)

Re-evaluating the wave structure the January 14, 2015 low could mark just the first major down leg from the bubble burst nearly two years ago. The sideways correction from the 152.40 low could be a corrective wave ((B)) with 3 wave zigzag (A), expanding triangle (B), and then an impulsive 5 wave (C).

It's difficult to remain patient when prices rise like this which creates lots of excitement and generates attention. I believe this is an important time to remain disciplined and plan your entries on pull backs. The best buying opportunity may still be coming..."

[Afrikoin]

Bullish Case from comments on

https://www.tradingview.com/chart/BTCUSD/YSGvn9sX-Bitcoin-bearish-EW-count-to-watch-out-for-before-jumping-all-in/

[Afrikoin]

Clearly this was an abc, either wave II species or wave B species. It may carve further lows but once broken out it should retrace at least 62% of the decline.

[koryu]

I would like to stay in this channel til halving but dont really believe it. The dump was massive. Have to test the lower line and wait for the workshop results imo.

[lebing]

I would like to stay in this channel til halving but dont really believe it. The dump was massive. Have to test the lower line and wait for the workshop results imo.

The volume was lower on the dumps than it was on the pumps, so the uptrend should still be valid.

[Afrikoin]

Bitcoin went up to $ 504, and retraced to $ 300. Now at $ 340

Found temporary support at $ 300. Looking for upside here. Caution advised, limited upside.

[Afrikoin]

EMAs and MAs communicate A LOT!

[Afrikoin]

from  Adam's BitMovements

https://bitcointalk.org/index.php?topic=796276.20

Traders Paradise

I underestimated the power behind the last rally, what i thought was the top turned out to be the bottom (300).  I envisioned the market taking a breath before busting above 300, but the FBI auction was only days away, market was bullish and pumpers were pumping! at about 390 I was thinking "wtf is going on?" price was really going parabolic, and so i started selling, then i found out the FBI auction was tomorrow and it all made sense, I sold more. I did pretty good! hope you did too. As i said in the "Bulls on the run" update, trading based on resistance / support lines isn't nearly as good as buy the rumor sell the news type of strategy. rumor has it the bear market is history and the bull market is in full swing.  Wink



Look at that, what a year! 300 has been strong resistance ever since the final capitulation to ~155 in Jan. now we have broken through and on high volume, record breaking volume. volume had been picking up for a few months before this breakout which i think gives validity to this move, i poked around and looked at volume on other exchanges (virtex kraken okcoin..) all of them paint a similar story in terms of volume. and the the number of TX happening on the block chain is also clearly growing ( they would be growing exponentially if it wasn't for the 1MB block limit, IMO) there can be no doubt bitcoin is doing well, of course we get Mr Manipulator taking advantage of this fact and pushing price to 500$!!! which is unsettling for some, but hey this is bitcoin, if you can't stand a free market going bananas in a state of growth, GTFO now.

I maintain my earlier speculation that trading above 300 will be relatively easy, My forecast calls for more volatile, a wider spread, and tones of confusion. I think the trading range is pretty clearly spelled out, 300 is bottom 500 is top. i see this thing bouncing around like a cheep hooker on ecstasy so all you'd have to do is be true to your trade ( whether it be buying at 390 or selling at 350+ ) and you will eventually be in profit.

Adam's prediction: >420 soon
Adam's Cheap Coins Target: 310

[Afrikoin]

Intermediate abc seems to be building with Okcoin positioning net long by 59%

[Afrikoin]

Uh-Oh

 

ISIL Militants Linked To France Terrorist attacks Had A Bitcoin Address with 3 Million Dollars

http://www.newsbtc.com/2015/11/14/isil-militants-linked-to-france-terrorist-attacks-had-a-bitcoin-address-with-3-million-dollars/