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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 508982 times)
S3052
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June 20, 2011, 06:26:19 AM
 #961

I have reset the market sentiment poll.


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

click on the poll above.

Please VOTE

>15years analysis experience

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S3052
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June 21, 2011, 11:21:35 PM
 #962

Not everyone believes in technical analysis and this is fine. Everyone should chose where he is most comfortable with.

For myself and my followers and subscribers, there is great evidence that the technical analysis for bitcoins has worked and still is working very well to time trades.


Are you still taking subscribers? I sent an email about it and did not get a response.
I hope you received the mail I sent you. It took a bit longer

>15years analysis experience

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

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bitcola
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June 23, 2011, 05:42:12 PM
 #963

I think it could go as high as 22, 23 again starting now, but the rally will be short lived.
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June 27, 2011, 11:14:33 PM
 #964


"Never invest unless you can afford to lose your entire investment." © S3052
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Live and Let Live


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June 28, 2011, 07:43:01 AM
 #965

@lzsaver, lol

One off NP-Hard.
zby
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June 28, 2011, 07:54:06 AM
 #966


Anyone has seen what happened with that 6K buy order?  I have not seen big buys - so I think it is safe to assume that this money is still there waiting.
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June 28, 2011, 11:11:10 AM
 #967


Anyone has seen what happened with that 6K buy order?  I have not seen big buys - so I think it is safe to assume that this money is still there waiting.

To me it seems like someone trying to stimulate others to buy. (when i used to have 1000's of usd sitting i'd just play dark bids). Might be someone who wants to dump a larger sum.

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June 28, 2011, 11:39:06 AM
 #968

To me it seems like someone trying to stimulate others to buy. (when i used to have 1000's of usd sitting i'd just play dark bids). Might be someone who wants to dump a larger sum.

There are no dark orders anymore. But, you may still be right: sellers always reacted slowly so far, it might be profitable to do a "scare" order to sell at higher prices and pull it when prices close in.

However, we have very little volume, so I somewhat doubt it. It would make more sense for a daytrader, who estimated price above his bid anyways and wants to make profit in an upwards spike with his remaining coins. Yet, more likely, it's someone who sold at a higher price and would buy back in if it drops. (Price estimator kind of person)

The really important question IMO is whether the funds were newly added or come from Bitcoin sales. If they come from old sales, they will run out at some time and cease to play an important role; if they were newly added, more might come the same way.
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June 28, 2011, 06:39:31 PM
 #969

And now it is back there - but does not look like a manipulation because at 16.5 it is hardly visible on the aggregated charts.
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July 04, 2011, 07:45:34 PM
 #970

Hi everyone.

Maybe the price goes down because the people are investing and try to get money off. I really hate the "free market" when this things happens.
How they can sustain the price as high as it is now?
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July 04, 2011, 09:09:45 PM
 #971

I just posted a brief technical update on bitcoinwatch.
As forecasted in my subscri :Pption service, trend is down and BTCUSD is in a midterm bear market. 

>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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July 04, 2011, 09:22:06 PM
 #972

I just posted a brief technical update on bitcoinwatch.
As forecasted in my subscri :Pption service, trend is down and BTCUSD is in a midterm bear market. 

Here.

Thanks for the analysis.

tips: 14Z1Bwa8bgEWphjD2qqaXMTY9ucutwuTw8
S3052
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July 05, 2011, 06:31:50 AM
 #973

I have reset the poll.

Vote now.

Up
Down
Same?


>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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proudhon
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July 05, 2011, 12:49:20 PM
 #974

I think something's wrong with the poll.  It always says the majority thinks we're going up.  Grin
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July 05, 2011, 12:50:57 PM
 #975

I think something's wrong with the poll.  It always says the majority thinks we're going up.  Grin

relax, S3052 is simply harvesting sentiment data.

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July 05, 2011, 01:56:33 PM
 #976

I think something's wrong with the poll.  It always says the majority thinks we're going up.  Grin

Actually I can't vote this time. Not sure it's been reset.

http://media.witcoin.com/p/1608/8----This-is-nuts

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Grant
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July 05, 2011, 02:00:38 PM
 #977


Actually I can't vote this time. Not sure it's been reset.

Same here.

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July 05, 2011, 03:24:49 PM
 #978

Down
brocktice
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July 05, 2011, 04:11:37 PM
 #979

Down, IMO. Hope it doesn't break 10.

http://media.witcoin.com/p/1608/8----This-is-nuts

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July 05, 2011, 04:44:02 PM
 #980

As I write this post, Mt Gox has dropped $3 from about $15.5 to $12.5 in a little over a day.  And it looks like this price action is confined to a channel.  If there is no breakout from the channel, we will be at the $1 price level in only 5 days.
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