Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN?

[N12]

Just for the record:

[1714196397]

1714196397

[S3052]

And again, I have reset the market sentiment poll.


Up?
Same as now?
Down?
I don't know?

click on the poll above

Please VOTE

[LZ]

No doubt, starting from Monday the exchange rate will go UP.

So let's wait for Monday.

[S3052]

BTC/USD is developing another triangle pattern, which so often has been BULLISH.

As soon as prices move significantly above 1.10 $, a new acceleration of the rally is likely.

[dust]

New all-time high: $1.15 !

[marcus_of_augustus]

Monday morning missile ... this thing got legs.

Has ploughed through a wall of stale old sells all weekend and still the bid volume is perking up .... reality re-adjustment imminent imho.

[slush]

I think this is relevant to the topic: Mtgox->Sierrachart bridge for real time Bitcoin charts and market analysis.

[Frodo]

In Mt Gox rapid appreciation since today 18 april, 3:30. Game of speculators?

[S3052]

1

[bitcoinBull]

BTC/USD continue to rally strongly, with rising volumes. After breaking through the 1.10 $ previous all time high, prices may consolidate sideways over the next days before continuing the rally.

I agree.

My wild guess:  decreasing volume indicates the current rally is running out of steam.  Prices will consolidate sideways and may correct to somewhere in the $0.90 - $1.10 range, as new buyers recharge their MtGox accounts and wait for the dip.

Steadier, stronger volumes during this parity-busting rally, compared to the first, suggest that the follow-up correction will be smaller and shorter lived.  The rally which follows, from the $1.00 range, will surge into record territory.

[marcus_of_augustus]

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

[pjwaffle]

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

[nster]

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

[pjwaffle]

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

Because that is not a major opinion I've noticed.

[nster]

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

Because that is not a major opinion I've noticed.

What I am saying is that the only way to really disagree is to say that it will go down fast. Our "opinions" basically cover the most likely situations, and what is left is very unlikely

[pjwaffle]

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

Because that is not a major opinion I've noticed.

What I am saying is that the only way to really disagree is to say that it will go down fast. Our "opinions" basically cover the most likely situations, and what is left is very unlikely

What is your target?

I think it's very likely we will correct in some fashion. Here's why:

1. Momentum/rate of change is slowing
2. Volume is lowering.

[nster]

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

Because that is not a major opinion I've noticed.

What I am saying is that the only way to really disagree is to say that it will go down fast. Our "opinions" basically cover the most likely situations, and what is left is very unlikely

What is your target?

I think it's very likely we will correct in some fashion. Here's why:

1. Momentum/rate of change is slowing
2. Volume is lowering.

and correction is part of our "opinions" he listed. My point is that the question that he is asking is kinda useless.... logically, noone will disagree, and if they do, it dosn't matter as their opinion is probably worth nothing

[da2ce7]

and correction is part of our "opinions" he listed. My point is that the question that he is asking is kinda useless.... logically, noone will disagree, and if they do, it dosn't matter as their opinion is probably worth nothing

common guys, you know how to summarise quotes better than that!

[S3052]

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[S3052]

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