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

[allinvain]

Yeah no doubt this is just impatient miners taking advantage of the high prices by selling. Once more funds clear the buying frenzy will resume. I guess those of you who have lots of spare cash to invest now would be a good time to snap up some cheap bitcoins before they go over $20

[marcus_of_augustus]

Looks like the schumer sell-off didn't have much guts in it then ...?

[dust]

massive volume on up days, lousy volume on down days, which are over-the weekend when banks are closed and no more Paypal purchases. It's simple miner panic and an excellent buying opportunity. Mark my words, tomorrow the upward trend will continue.

Has there been any detailed analysis of weekday vs weekend trends?

[Justsomeforumuser]

So BTC value plainly rocketing through random price levels and increasing 100% within 2-3 days is still not making it clear to people there is nothing technical to analyze?

Extremely fascinating.

(I still have that bridge on offer, guys!)

[S3052]

massive volume on up days, lousy volume on down days, which are over-the weekend when banks are closed and no more Paypal purchases. It's simple miner panic and an excellent buying opportunity. Mark my words, tomorrow the upward trend will continue.

Has there been any detailed analysis of weekday vs weekend trends?

I did not try to analyze weekdays vs. weekend, because I rather believe in overall technical price patterns and Elliott waves, sentiment measures, etc. Those can be active at any given day be it weekdays or weekends.

However, technical patterns can prove to be highly valuable for trading as the following excerpt from the exclusive subscription service shows:
The below projection was made on June 1st, while BTC/USD. I stated that the most likely next price target is 14$ and then the big target area 18-20$. We hit 19.3$ today. I have added the key two trendlines I saw  at that day (in red), indicating the 18-22$ range.


http://bit.ly/mU7peO

[Bimmerhead]

S3052, where can we sign up for your subscription service?

Any decision on posting your updates on Facebook?

[S3052]

Twitter to Facebook: 5 Ways to Post to Both

Thanks Drifter and error.

I will look into posting on both, Facebook and Twitter in the next couple of days.

[S3052]

S3052, where can we sign up for your subscription service?

Any decision on posting your updates on Facebook?

You can sign up via sending a mail to S3052@gmx.ch and you will then receive instructions.

[S3052]

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

[S3052]

http://bit.ly/hiRmE7

[fimp]

S3052, you had a post here: http://twitter.com/#!/BitcoinAnalyst/status/78325376086048768

It was posted at the time of a price around $27. It said stuff about bullish volume and possible upside to $40. Why did you delete it?

[S3052]

No idea what happened to this post.

There is still upside towards 40$, which is still a mid term possibility - while short term BTUSD is in a down phase unless the allt ime high is exceeded. If this happens, BTCUSD may reach 40$.

[bit-chartist]

Here's my attempt at being a chartist. 

[S3052]

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

[coined]

Is it now or never for the long overdue correction I keep hearing about? I know a lot of people sold when it was approaching $10 and are still waiting for price to come back down to below that level, the rally seems to finally have lost its momentum and were in a lull for a bit, but I'm starting to think if it doesn't at least start the "correction" RIGHT NOW over this weekend it never will, I think come next week if we're back at $32 and heading for $40 I just can't see it getting into single figures again barring it being made illegal or a technical fault appearing within bitcoin,

I'm not an expert remember, just watching and thinking
 

[error]

I sold about half my bitcoins at 30.65 so I'm feeling pretty good about it. Looks like it's almost time to buy back in. Maybe Sunday.

[LZ]

(source)

[S3052]

(source)

I love your creativity. Nice way to describe the current situation.
Maybe the wave will only stop at 10$.

[coined]

will we see a few more major drops before the weekend is out?, maybe test that $10 a few times.

at one point when mtgox was at $13, britcoin went UP to £13.1,

*edit* the britcoin price is still way off mtgox, anybody got an account with both? free money?

[error]

Someone did a massive manipulation at mtgox, sold maybe 20,000 bitcoins and then bought a large number back on a dark order.