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Question: Bitcoin Forecast: What do you expect BTC/USD prices to do in the next 4 weeks?
Up
Down
Same as now
I don't know

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Author Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN?  (Read 504030 times)
S3052
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August 14, 2012, 01:57:53 AM
 #2361

What a rally, it seems to accelerate even further again

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August 14, 2012, 02:09:35 AM
 #2362

What a rally, it seems to accelerate even further again


Yes it seems to be creating a slow and steady rise in a parabolic nature. Not rising too fast like last year.

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August 14, 2012, 02:15:40 AM
 #2363

What a rally, it seems to accelerate even further again


Yes it seems to be creating a slow and steady rise in a parabolic nature. Not rising too fast like last year.

You are right overall, but as we are likely in wave III up, the advance will accelerate more and more in a parabolic / exponential way.

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August 14, 2012, 02:20:23 AM
 #2364

What a rally, it seems to accelerate even further again


Yes it seems to be creating a slow and steady rise in a parabolic nature. Not rising too fast like last year.

You are right overall, but as we are likely in wave III up, the advance will accelerate more and more in a parabolic / exponential way.

i agree...shorter periods of time with more price movement.

very interesting times.

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August 14, 2012, 02:27:44 AM
 #2365

What a rally, it seems to accelerate even further again


Yes it seems to be creating a slow and steady rise in a parabolic nature. Not rising too fast like last year.

You are right overall, but as we are likely in wave III up, the advance will accelerate more and more in a parabolic / exponential way.

i agree...shorter periods of time with more price movement.

very interesting times.

indeed... quite exciting

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August 14, 2012, 04:51:18 PM
 #2366

shorted AAPL at 636.93 $ today. Stop is 645 (small risk, big opportunity)

Let's see if this call is as good as the SBUX short call a few days ago

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August 14, 2012, 05:42:23 PM
 #2367

shorted AAPL at 636.93 $ today. Stop is 645 (small risk, big opportunity)

Let's see if this call is as good as the SBUX short call a few days ago


i think this is a good call.
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August 15, 2012, 03:14:28 PM
 #2368


as many people are speculating about this, I did a comparison of current bitcoin charts in 2012 versus the 2011 ramp up to the all time high:http://bit.ly/qJDsYw


You're comparing a linear chart for now with a logarithmic from last year - there is no breakout yet on the current log chart (looks to be about $20+ depending on the time it happens).
I accept that the linear breakout is also significant, but it really needs to happen on the log scale for me to get excited/worried.
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August 15, 2012, 05:26:30 PM
 #2369


as many people are speculating about this, I did a comparison of current bitcoin charts in 2012 versus the 2011 ramp up to the all time high:http://bit.ly/qJDsYw


You're comparing a linear chart for now with a logarithmic from last year - there is no breakout yet on the current log chart (looks to be about $20+ depending on the time it happens).
I accept that the linear breakout is also significant, but it really needs to happen on the log scale for me to get excited/worried.

that's a fair comment.
We can tackle this one by one:
1) the linear breakout is confirmed.
2) we can watch what prices do when they reach 20 to determine if and when a breakout of the log channel would happen.

In the meanwhile 20 might be reached soon if this accelerated rally continues.

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August 15, 2012, 08:41:59 PM
 #2370

OK - now in the poll we have over 50% of bulls - this is clearly the fifth wave.
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August 16, 2012, 06:21:10 AM
 #2371

The poll is reset again. Vote now so that we can see what the latest sentiment picture is.

>15years analysis experience

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August 16, 2012, 05:08:20 PM
 #2372

The poll is reset again. Vote now so that we can see what the latest sentiment picture is.
I find it interesting that every time, the sentiment is bullish (except during that 2011 slide, where it was even).
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August 17, 2012, 07:27:05 AM
 #2373

The poll is reset again. Vote now so that we can see what the latest sentiment picture is.
I find it interesting that every time, the sentiment is bullish (except during that 2011 slide, where it was even).

This is not unusual in a bull market.

>15years analysis experience

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August 17, 2012, 04:59:16 PM
 #2374

this is more and more fun to watch, how the bears chase the bulls.

next mark to fall is 15 $

I start to wonder if we see 20 $ in the next hours / few days

>15years analysis experience

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August 17, 2012, 05:16:24 PM
 #2375

Mtgox is probably bogged down with wires incoming at the moment, so $20 is probable.
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August 17, 2012, 08:51:46 PM
 #2376

Last price suddenly $ 13 though, down from +15.

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August 17, 2012, 08:58:04 PM
 #2377

this is more and more fun to watch, how the bears chase the bulls.

next mark to fall is 15 $

I start to wonder if we see 20 $ in the next hours / few days



Did you post this before or after the price fall to $10.60?

Price rebounded nicely as I anticipated.

CHEAP COINS!

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August 17, 2012, 08:58:41 PM
 #2378

this is more and more fun to watch, how the bears chase the bulls.

next mark to fall is 15 $

I start to wonder if we see 20 $ in the next hours / few days



Did you post this before or after the price fall to $10.60?

Price rebounded nicely as I anticipated.

CHEAP COINS!

Before, but just so you know all posts have timestamps.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
S3052
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August 17, 2012, 09:46:37 PM
 #2379

this is more and more fun to watch, how the bears chase the bulls.

next mark to fall is 15 $

I start to wonder if we see 20 $ in the next hours / few days



Did you post this before or after the price fall to $10.60?

Price rebounded nicely as I anticipated.

CHEAP COINS!

yes, posted before the fall. price was in the 14s when I posted it, then prices broke 15 $ as anticipated.

now we have seen a shakeout of the weak hands, typical in bull markets/color]

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

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oakpacific
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August 17, 2012, 11:54:16 PM
 #2380

this is more and more fun to watch, how the bears chase the bulls.

next mark to fall is 15 $

I start to wonder if we see 20 $ in the next hours / few days



Did you post this before or after the price fall to $10.60?

Price rebounded nicely as I anticipated.

CHEAP COINS!

yes, posted before the fall. price was in the 14s when I posted it, then prices broke 15 $ as anticipated.

now we have seen a shakeout of the weak hands, typical in bull markets/color]

And the same thing actually happened quite a few times before the Jun 2011 peak.

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