Johnyloco (OP)
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September 28, 2016, 01:10:38 PM Last edit: October 03, 2016, 03:02:36 PM by Johnyloco |
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When I look at the 1 day graphs of multiple exchanges, I see that the new pump is being built up. Final resistence will be bought of in about 2 weeks, giving bitcoin a fair chance to hit last support high of $660 According to past events, the price will swing gently from that point, I expect than a small dip around half november, while after that the price will continue to stable rise UPDATED OP:
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Johnyloco (OP)
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September 28, 2016, 01:34:18 PM |
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1 year trend line zoomed in on current events. Shows that trend from september 2015 till now. Bitcoin will reach $660 level very soon
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dunfida
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September 28, 2016, 02:05:45 PM |
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Nice observation though and somehow a good prediction on bitcoin price that it would rise up on $660 on this year. Well its good to reach that price though but it would be more goo d if it surpass even more on that price point. Well, we just wait and see on the price on year end.
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~Bitcoin~
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September 28, 2016, 02:12:17 PM |
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Nice ananlysis, although i am not that good at reading trading charts and predicting pumps/dumps but a stable price for more than a month showing strong accumulation in this price range so a good next price pump is likely to happen.
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Johnyloco (OP)
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September 28, 2016, 02:25:50 PM |
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This is the full trendline as of above. The line is formed from 1 sept 2015 - 1 sept 2016. It is very positive to see such a strong trend line over a one year course. It is clearly visible that the adoption of bitcoin is going strong, and that whenever negative events happen, people still stand strong!
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Ayers
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September 28, 2016, 02:26:28 PM |
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i think you don't build a pump you build the price slowly, so this is not a pump, a real pump happen suddenly and without real reason, and after that a dump happen in the same way
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Johnyloco (OP)
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September 28, 2016, 02:29:00 PM |
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i think you don't build a pump you build the price slowly, so this is not a pump, a real pump happen suddenly and without real reason, and after that a dump happen in the same way
No okay good point. Pump wouldn't indeed be te good description. Though the graphs show clearly that this has nothing to do with rising for no reason. The strong trend line suggest it's 1-% rise in the next month, since the trendline is so strong
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Red-Apple
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September 28, 2016, 02:41:30 PM |
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This is the full trendline as of above. The line is formed from 1 sept 2015 - 1 sept 2016. It is very positive to see such a strong trend line over a one year course. It is clearly visible that the adoption of bitcoin is going strong, and that whenever negative events happen, people still stand strong! finally someone has realized that you should zoom out of the charts and look at them from afar to see what really is going on sometimes. nice charts, and also thanks to OP for creating this topic although his chart was not as good but it gives the general idea anyways. i am not sure about the 2 weeks timing but this will happen soon.
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harizen
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September 28, 2016, 02:51:01 PM |
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Chart lines and other indicators are nothing if there's a pump happening since it's a rapid one and instant*. Even you took the analyzation for yearly, monthly, weekly and daily average it can't say that there's a pump around the given time. It just show some continous accumulation around the certain price which is good for deciding whether to act bull or bear.
*only applied for cryptos but not on fiat currency trades
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thejaytiesto
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September 28, 2016, 03:19:40 PM |
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Yep, it's pretty obvious we have whales at work here trying to keep the price under 600 to keep buying, they have been buying for months now and things are getting ready to explode once 0.13.1 goes live and segwit is activated, then the march towards 1000+ begins.
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fatima zuhra
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September 28, 2016, 03:21:18 PM |
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yes i hope so, i think bitcoin will really cross the 660$ in next couple of weeks and it is also expecting that the price may even cross the 1200$ in next few months.
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rockstar338
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September 28, 2016, 03:50:25 PM |
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Oh, that looks good. I dont know what happen next, since new to bitcoin. I wonder what will happen though, still i dont own much
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john2231
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September 28, 2016, 04:02:07 PM |
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I hope that the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..
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Johnyloco (OP)
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September 28, 2016, 04:04:11 PM |
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I hope that the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..
In the end we will see. November could also be it. Atleast we can be sure to reach a higher support level at the end of the year which is nice of course
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thelord12
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September 28, 2016, 04:19:41 PM |
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I like to see a positive sign I invested 0.1 btc so it would be cool if it rises a bit so is lil more pocket money
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amacar2
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September 28, 2016, 05:03:49 PM |
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I like to see a positive sign I invested 0.1 btc so it would be cool if it rises a bit so is lil more pocket money Yes but this is very little amount of bitcoin to get noticable profit over bitcoin pump. As even with 10% rise in price you may only get around $5 in profit around. But nice move you have made, try to keep on buying that you can till price is cheap. We may see a good pump anytime soon after long weeks of swinging.
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Bitcoinsummoner
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September 28, 2016, 05:26:50 PM |
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I hope that the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..
In the end we will see. November could also be it. Atleast we can be sure to reach a higher support level at the end of the year which is nice of course Yeah right i hoping for the price increase this coming november and december i just relay in old chart from 2015 there is a littlebit the same so i think the price will increase too in november so 700 value is more price increase will happen this year.
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john2231
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September 28, 2016, 05:56:38 PM |
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I hope that the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..
In the end we will see. November could also be it. Atleast we can be sure to reach a higher support level at the end of the year which is nice of course I just feel that the price will boom again just like before or last year and get down before end of november and increase again back before christmass.. I am not 100% sure that the price will increase its just my speculation..
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Catmony
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September 28, 2016, 06:01:09 PM |
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I think the next new pump will be of higher value i mean price may jump to over $700 looking at the trend price have recently.
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V1saya
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September 28, 2016, 06:26:24 PM |
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I only hope for the continuous rise of bitcoins because high or not im buying/selling it due to my investments in cryptocurrency. I guess there is no escaping in bitcoins especially if you have investments in altcoins.
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