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

[S3052]

Question to those interested in technical analysis:

Which moving averages do you prefer to trade?

[biggus dickus]

I am expecting the bitcoin prices to go down slightly more in the next few weeks before starting a slow climb up. But then again thats me..please don't flame me.

Hey Jybrael, no need to flame anyone!
Bitcoin prices are still in a mid term bear market since the 1200 $ high, so it is entirely possible to see more weakness.

Are you prepared to give a prediction of what the price will do over the next month without charging a subscription for it?

[S3052]

I am expecting the bitcoin prices to go down slightly more in the next few weeks before starting a slow climb up. But then again thats me..please don't flame me.

Hey Jybrael, no need to flame anyone!
Bitcoin prices are still in a mid term bear market since the 1200 $ high, so it is entirely possible to see more weakness.

Are you prepared to give a prediction of what the price will do over the next month without charging a subscription for it?

Thank you for your question.

We have carefully considered this, but decided against it. The reason is that this would be unfair to all the paying subscribers.

[S3052]

Here is an update of our last forecast.

Of note: We still have some slots left for people interested in becoming members of the subscription pool. Here is the link: http://bit.ly/1qUp4qN

TRADING IDEA for Active Pro subscribers from November 4, 2014:
"Get long on a breakout above the 333.99 $ level with a stop at 320 $ and an initial target at 352.83 $"
Trade triggered at 340 $ on November 5, 2014.

RESULT for Active Pro subscribers from November 7, 2014:
" trade closed @ 352 for +5.39%" profit.


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[S3052]

ANNOUNCEMENT: We have a new, limited trial promotion for our bitcoin forecast:

-40% off for the first month. This is valid until November 30 only.

This forecast has continuously outperformed buy and hold and is up +1,662.93% since last year.

See here: https://bullbearanalytics.com/bitcoin/

[S3052]

The poll is up again.

What is the bitcoin Sentiment out here?

Curious..

[SnokkomBTC]

Up

[S3052]

Up

you are part of the majority at this point.
Let's see how it continues

[S3052]

very bullish sentiment currently in the poll above

[S3052]

We are now entering crucial crossroads for bitcoin prices...
Our analysts work 24/7, because the next weeks will be very hot

[mymenace]

very bullish sentiment currently in the poll above

recent discussion i came across was very logical


fact the majority of trades are bad and only a minority profit from trades
is it not fair to say then the leading poll prediction is mostly wrong

[S3052]

very bullish sentiment currently in the poll above

recent discussion i came across was very logical


fact the majority of trades are bad and only a minority profit from trades
is it not fair to say then the leading poll prediction is mostly wrong

Indeed, often a too bullish sentiment is a contrarian indicator.
In our forecast service, we integrate those sentiment measures to come up with the most probably bitcoin outlook.

[S3052]

wow, Ripple is rallying like crazy

[pinky]

wow, Ripple is rallying like crazy

I wonder why and who is putting so much trust in it. Are there any stats on number of users, etc?

[cbeast]

wow, Ripple is rallying being pumped like crazy

FTFY

[Wekkel]

wow, Ripple some centralized beany bean is rallying like crazy

Another FTFY

[mymenace]

what have they done here and does it actually mean anything.

2014 seems compressed compared to 2013

makes me want to put on my tinfoil hat

[S3052]

This is an exciting comparison.

I added Elliott Wave counts for both charts. And as one can see, the current rally is not 100% comparable to the one from last year. It rather looks like an a-b-c bounce, not the start of an impulsive rally.
That said, It can still turn into one, and the next few weeks will tell..

[asdlolciterquit]

This is an exciting comparison.

I added Elliott Wave counts for both charts. And as one can see, the current rally is not 100% comparable to the one from last year. It rather looks like an a-b-c bounce, not the start of an impulsive rally.
That said, It can still turn into one, and the next few weeks will tell..

are we in a rally? i didn't notice that :|

[mymenace]

This is an exciting comparison.

I added Elliott Wave counts for both charts. And as one can see, the current rally is not 100% comparable to the one from last year. It rather looks like an a-b-c bounce, not the start of an impulsive rally.
That said, It can still turn into one, and the next few weeks will tell..

if charts do indeed continue the next ath could be about may of 2015