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

[kokjo]

voila .
The forecast has fully materialzed.

do you have any longterm advice?

[BTCurious]

It is entirely possible to see another dip first. At the same time, it is important to note that we are in a longterm BITBULL market.
[...]
if people decided to go long, there is rally potential. You can also make the counter argument as there are enough BTC in the order book to drive price down.

voila .
The forecast has fully materialzed.

[Mushoz]

It is entirely possible to see another dip first. At the same time, it is important to note that we are in a longterm BITBULL market.
[...]
if people decided to go long, there is rally potential. You can also make the counter argument as there are enough BTC in the order book to drive price down.

voila .
The forecast has fully materialzed.

He called this Rally in his subscription mail.

[S3052]

voila .
The forecast has fully materialzed.

do you have any longterm advice?

Up on all time scales

[SkRRJyTC]

No worries. I have nothing to hide.

As you can see , I outlined two options. The market decided for the second option, but I still favor the bearish resolution from current levels up to 1353 DOWN. And this option remains valid as long at 1370 holds.
I am 90% convinced that we will see at least a strong top pattern this week.

Net a tradable scenario can be to short 1340-1352 with a stop above 1370.

EDIT: Above 1370 is bullish with some more upside, before eventually the crash arrives. This will not invalidate it, just delay the crash. Target remains below 500 for the S&P500

SaP kissed 1399 today.  Have you gotten out of your shorts? Have you gone long?

[rampone]

weekly analysis? Not out yet? or was i missed?

[Crypt_Current]

weekly analysis? Not out yet? or was i missed?

I don't see it in my email either...

[S3052]

weekly analysis? Not out yet? or was i missed?

I don't see it in my email either...

Out now...!!!

I never missed a single report since almost 12 months, except when I communicated a 1 day delay once because I had to go to the dentist surgery, and I can tell you, I would have preferred bitcoins instead..

Enjoy it.

[rampone]

pling. ack. was no critic TY

[Crypt_Current]

weekly analysis? Not out yet? or was i missed?

I don't see it in my email either...

Out now...!!!

I never missed a single report since almost 12 months, except when I communicated a 1 day delay once because I had to go to the dentist surgery, and I can tell you, I would have preferred bitcoins instead..

Enjoy it.

Hope the dentist gave you some good medication.  

[S3052]

No worries. I have nothing to hide.

As you can see , I outlined two options. The market decided for the second option, but I still favor the bearish resolution from current levels up to 1353 DOWN. And this option remains valid as long at 1370 holds.
I am 90% convinced that we will see at least a strong top pattern this week.

Net a tradable scenario can be to short 1340-1352 with a stop above 1370.

EDIT: Above 1370 is bullish with some more upside, before eventually the crash arrives. This will not invalidate it, just delay the crash. Target remains below 500 for the S&P500

SaP kissed 1399 today.  Have you gotten out of your shorts? Have you gone long?

I went in and out two of times, taking small losses as I was too early. Today, I shorted again big time S&P at 1401.6. Possible we will see tomorrow yet another small pop, but this does not worry me.

Thanks for keep tracking those trades, keeps me alert. My stop is 1447. Target below 500.

[S3052]

pling. ack. was no critic TY

I know, No worries, I just remembered this bad tooth day and I wanted to share this suffering experience :-)

[SkRRJyTC]

No worries. I have nothing to hide.

As you can see , I outlined two options. The market decided for the second option, but I still favor the bearish resolution from current levels up to 1353 DOWN. And this option remains valid as long at 1370 holds.
I am 90% convinced that we will see at least a strong top pattern this week.

Net a tradable scenario can be to short 1340-1352 with a stop above 1370.

EDIT: Above 1370 is bullish with some more upside, before eventually the crash arrives. This will not invalidate it, just delay the crash. Target remains below 500 for the S&P500

SaP kissed 1399 today.  Have you gotten out of your shorts? Have you gone long?

I went in and out two of times, taking small losses as I was too early. Today, I shorted again big time S&P at 1401.6. Possible we will see tomorrow yet another small pop, but this does not worry me.

Thanks for keep tracking those trades, keeps me alert. My stop is 1447. Target below 500.

Im honestly just curious... I am just starting out watching markets, BTC is actually the first market I ever watched.  To my inexperienced eyes the bears lost control when the DJI closed strongly above 13000 this week.  If the S&P can finish strong this week... I would go long for the next few months.

Edit: BTW I think your short is a good idea... the stock market is WAY over pumped... but what little I have learned in BTC tells me to not fight against the market.  The market doesnt care what you think.  Your short position will have its day in the sun someday soon though.

[S3052]

No worries. I have nothing to hide.

As you can see , I outlined two options. The market decided for the second option, but I still favor the bearish resolution from current levels up to 1353 DOWN. And this option remains valid as long at 1370 holds.
I am 90% convinced that we will see at least a strong top pattern this week.

Net a tradable scenario can be to short 1340-1352 with a stop above 1370.

EDIT: Above 1370 is bullish with some more upside, before eventually the crash arrives. This will not invalidate it, just delay the crash. Target remains below 500 for the S&P500

SaP kissed 1399 today.  Have you gotten out of your shorts? Have you gone long?

I went in and out two of times, taking small losses as I was too early. Today, I shorted again big time S&P at 1401.6. Possible we will see tomorrow yet another small pop, but this does not worry me.

Thanks for keep tracking those trades, keeps me alert. My stop is 1447. Target below 500.

Im honestly just curious... I am just starting out watching markets, BTC is actually the first market I ever watched.  To my inexperienced eyes the bears lost control when the DJI closed strongly above 13000 this week.  If the S&P can finish strong this week... I would go long for the next few months.

Edit: BTW I think your short is a good idea... the stock market is WAY over pumped... but what little I have learned in BTC tells me to not fight against the market.  The market doesnt care what you think.  Your short position will have its day in the sun someday soon though.

Thanks for your great perspective. I agree with you that fighting the trend is not often warranted. But it is exactly because of that that I went short. All key markets remain WAY BELOW their all time highs and most markets remain below the 2007 highs and also most are even still below the 2011 highs. The decade long trend is down and hence this short is with the trend long term.

But you are right on the mid and short term. The trend is up unless proven otherwise. The next 5 trading days will likely tell more. Probably even tomorrow is a big turn day.

[SkRRJyTC]

Thanks for your great perspective. I agree with you that fighting the trend is not often warranted. But it is exactly because of that that I went short. All key markets remain WAY BELOW their all time highs and most markets remain below the 2007 highs and also most are even still below the 2011 highs. The decade long trend is down and hence this short is with the trend long term.

But you are right on the mid and short term. The trend is up unless proven otherwise. The next 5 trading days will likely tell more. Probably even tomorrow is a big turn day.

Its very hard for me to think in that long of a time frame... In BTC time long is anything over 1 year... In the stock market a long time frame can be decades.  It is especially difficult because I had no knowledge of, or interest in, major market indices before ~6 months ago.

What key markets still below the 2011 highs?

[S3052]

Thanks for your great perspective. I agree with you that fighting the trend is not often warranted. But it is exactly because of that that I went short. All key markets remain WAY BELOW their all time highs and most markets remain below the 2007 highs and also most are even still below the 2011 highs. The decade long trend is down and hence this short is with the trend long term.

But you are right on the mid and short term. The trend is up unless proven otherwise. The next 5 trading days will likely tell more. Probably even tomorrow is a big turn day.

Its very hard for me to think in that long of a time frame... In BTC time long is anything over 1 year... In the stock market a long time frame can be decades.  It is especially difficult because I had no knowledge of, or interest in, major market indices before ~6 months ago.

What key markets still below the 2011 highs?

1. The Eurostoxx for example. In fact, almost all European markets are down vs. 2011 (Germany, UK, France, etc.), and Europa accounts for a huge part of global stock market volume.

2. Further, Most Asian markets are down vs. 2011(China, India, etc.)

Basically we only have the US up, which is a negative divergence, unless rest of world quickly catched up with the US markets.

[SkRRJyTC]

You mean I have to follow all the world markets too?



Edit:  Does the US market typically 'lead' the other markets?

[S3052]

Just issued a interim bitcoin charts update with short and mid term bitcoin prices outlook to subscribers.

[kokjo]

Just issued a interim bitcoin charts update with short and mid term bitcoin prices outlook to subscribers.

when does there come a public update? don't you do these anymore?

[S3052]

http://www.bitcoinbullbear.com/index.html
From yesterday, I usually do not communicate every time I do a change on the site.