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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 533385 times)
nster
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April 21, 2011, 06:49:39 PM
 #381

hmmm interesting. I thought that it would now stabilize and keep at around 1.10~1.20 for a good amount of time before rising again

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April 22, 2011, 04:29:23 AM
 #382


pjwaffle
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April 22, 2011, 05:38:07 PM
 #383

I see resistance at 1.3!

S3052
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April 22, 2011, 05:51:47 PM
 #384

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

pjwaffle
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April 22, 2011, 05:54:20 PM
 #385

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


I voted up, I see another ascending triangle on a 5 min chart. Target: 1.35 at least.


nster
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April 22, 2011, 06:35:28 PM
 #386

We are at 1.332 right now... but looking at the thing below, I see a potential rise to 1.5, where we will hit a resistance. We will then see what happens. We can also see a 2$ resistance coming


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April 22, 2011, 07:57:56 PM
 #387

http://twitter.com/#!/BitcoinAnalyst

nster
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April 22, 2011, 08:17:11 PM
 #388


so no resistance at 1.5?

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April 22, 2011, 08:30:32 PM
 #389

so no resistance at 1.5?

I'm pretty sure technical analysis is more complicated than looking for spikes on a chart.

http://en.wikipedia.org/wiki/Support_and_resistance
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April 22, 2011, 08:47:02 PM
 #390

so no resistance at 1.5?

I'm pretty sure technical analysis is more complicated than looking for spikes on a chart.

http://en.wikipedia.org/wiki/Support_and_resistance

Agreed, there is no evidence that 1.5 or 2.0 will be resistance points.

I'm seeing 1.38 as a resistance point because prices are kind of sitting there.

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April 22, 2011, 08:55:41 PM
 #391

No it's not because of that, I'm thinking pychological resistances, especially for 2$

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April 22, 2011, 09:55:12 PM
 #392

Just a weekend is coming. So trading may slow down until Monday. Smiley

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April 22, 2011, 09:58:05 PM
 #393

Just a weekend is coming. So a trading may slow down until Monday. Smiley

People have a lot more time on the weekends, they are not at work/school/etc.

I often wonder why trading is down on saturday/sunday for "normal" markets.

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April 22, 2011, 10:25:35 PM
 #394

Just a weekend is coming. So a trading may slow down until Monday. Smiley

People have a lot more time on the weekends, they are not at work/school/etc.

I often wonder why trading is down on saturday/sunday for "normal" markets.

Because "normal" markets are closed.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 22, 2011, 10:28:39 PM
 #395


People have a lot more time on the weekends, they are not at work/school/etc.

I often wonder why trading is down on saturday/sunday for "normal" markets.

And bots trade 24 hours a day, 7 days a week.

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April 22, 2011, 10:44:59 PM
 #396


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April 23, 2011, 12:07:39 AM
 #397

So we got $1.4 today - not so bad! Smiley

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April 23, 2011, 04:37:15 AM
 #398

Resistance @ 1.45

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April 23, 2011, 06:06:22 AM
 #399

Price has started to decline... Figured it was bound to happen!

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April 23, 2011, 07:36:06 AM
 #400

If this +300% rally over the past 20 days only gets some media attention (which I am sure it will), we may see follow through buying next week once people can add more funds to the exchanges.

There are no big resistances before the psychological 2.0 $, and even this one can be evaporated fast.

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