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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 540168 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
Last edit: July 16, 2020, 10:30:13 PM by LZ
 #382


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April 22, 2011, 05:38:07 PM
 #383

I see resistance at 1.3!

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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

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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.


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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.

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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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