Nights Watch by Afrikoin

[Afrikoin]

I can see the price going down for the remainder of this month.
The rally was fun but all good things must come to an end.

See you in 2016. Take care.

(BITCOIN PRICE INDEX $442.19)

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[suda123]

Any bearish thoughts/ posts out there?

Well thought out ones. Would love to see some bearish outlooks. WHole world is bullish on bitcoin now

yea because it's time for mainstream adoption after the Fed hikes lol, right now I'm assuming it's insider accumulation stage.

[suda123]

Any bearish thoughts/ posts out there?

Well thought out ones. Would love to see some bearish outlooks. WHole world is bullish on bitcoin now

oh one more thing on another forum I go to for stocks someone whistle blew someone selling 100k worth of bitcoins off exchange to bankers and the guy that made the post does not own Bitcoin and seems to not like it in the first place

[sickpig]

This from months ago



Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

[Tzupy]

2h PSAR flipped to bullish on Chinese exchanges.

And despite a growing bid side on Chinese exchanges, too little up after this. Price action appears to define a rising wedge, which is close to completion.

In the meantime, 6h and now 12h PSAR flipped to bullish. The second event just occurred and made me rethink my planned short. By my local count, this should correct soon, maybe a couple of hours.
But it is possible that the expected support test to have been truncated, due to greatly increased bids on Huobi, over 40% over the Dec 12 pre-crash levels. In which case, target 650$...
Bitstamp and Bitfinex have trouble following, their bid / ask ratios are below those of the 12th December, so they would crash if not following Huobi.

[Afrikoin]

This from months ago



Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

tried to find, but cant locate it now.

Check RyNdiclems history posts (you will find it here most def)

Analysis ended posts

Critical analyis posts

[RyNinDaCleM]

This from months ago



Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

More than likely, I have deleted the chart from my imgur account. Here is an updated one.

[sickpig]

RyNinDaCleM, Afrikoin many thanks to both of you!

[Hunyadi]

This from months ago



Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

More than likely, I have deleted the chart from my imgur account. Here is an updated one.

[RyNinDaCleM]

This from months ago



Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

More than likely, I have deleted the chart from my imgur account. Here is an updated one.

Why would you post something like this? Then delete it? Creep...

[sickpig]

This from months ago

https://i.imgur.com/3LjkA4c.png?

Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

More than likely, I have deleted the chart from my imgur account. Here is an updated one.

it seems we are on the edge of a cliff....

[Wexlike]

All eyes on the FED meeting in 4 hours. 

[Afrikoin]

Well I mean it seems that everyone has forgotten that there is still a blocksize debate going on, and the direction of where bitcoin goes from here doesn't necessarily matter any more because of "da halving!! ".

Where the devs take it from here is very important for Bitcoins long time success, and what people are proposing from both sides on the topic of what the block size should be would be a huge change in the structure of bitcoin block chain itself...

So what I'm trying to say, is that if a bad mistake were to happen in this debate and the possible fork fails, then we would see a major decline in price because there would be no more trust in how bitcoin operates at it's most fundamental level.

[lebing]

Well I mean it seems that everyone has forgotten that there is still a blocksize debate going on, and the direction of where bitcoin goes from here doesn't necessarily matter any more because of "da halving!! ".

Where the devs take it from here is very important for Bitcoins long time success, and what people are proposing from both sides on the topic of what the block size should be would be a huge change in the structure of bitcoin block chain itself...

So what I'm trying to say, is that if a bad mistake were to happen in this debate and the possible fork fails, then we would see a major decline in price because there would be no more trust in how bitcoin operates at it's most fundamental level.

Yup. This is spot on. I am all for drawing lines, but in the end this is what is going to make the price go up or down in the coming months. In other words, your best indicator is the bitcoindev mailing list.

[RyNinDaCleM]

This from months ago

https://i.imgur.com/3LjkA4c.png?

Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

More than likely, I have deleted the chart from my imgur account. Here is an updated one.

it seems we are on the edge of a cliff....

I do keep it as an option which is why I had it to post the updated chart, but it is by no means the only option.
No need to panic yet

[afbitcoins]

This from months ago

https://i.imgur.com/3LjkA4c.png?

Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

More than likely, I have deleted the chart from my imgur account. Here is an updated one.

it seems we are on the edge of a cliff....

I do keep it as an option which is why I had it to post the updated chart, but it is by no means the only option.
No need to panic yet

With halving coming soon I think that kind of a decline quite unlikely from here. I think there is a chance there could develop a bear trap that starts off looking that way though..

[RyNinDaCleM]

This from months ago

https://i.imgur.com/3LjkA4c.png?

Yet, many still scoff at EW lol!

thanks for the reminder . care to share the link where you originally posted this forecast?

More than likely, I have deleted the chart from my imgur account. Here is an updated one.

it seems we are on the edge of a cliff....

I do keep it as an option which is why I had it to post the updated chart, but it is by no means the only option.
No need to panic yet

With halving coming soon I think that kind of a decline quite unlikely from here. I think there is a chance there could develop a bear trap that starts off looking that way though..

on that note, the time I have drawn in for the C is not a requirement, nor is the depth. It could be something that plays out in just a few months. and even makes a higher low as a failed C. The chart depicts a textbook structure... The same way I always draw it out initially. Eventually, I refine the targets and paths for time and fibo.

[Afrikoin]

INteresting! Look what i came across on google trends searches for 'Selfie'

[Wexlike]

Wow, this looks extremely bullish for the Selfie market! I predict a new ATH in 2016. Even the EW count supports a bullish outcome.

(wtf )

[Afrikoin]

INteresting! Look what i came across on google trends searches for 'Selfie'