YORK's price prediction topic.

[Dafar]

Hi 


BTC up or down this weekend?

[york780]

Seems like a breakout right now.
I still expect bitcoin to recover slowly and perhaps more sideway movement because FUD, BU and altcoins. But Bitcoin has suprised us many times in a positive way.

They are testing SegWit on altoins right now, FUD is slowly going away and it seems that FOMO starts to kick in. This is a sign that people still expect bitcoin to go mooning.
We wont go down for a while. Thats for sure.

Recovery to the main trend is confirmed. But will take some time.

[patrisorvieto]

Thanks for your work York!
I'm just an holder, not a speculator, but I'll follow this topic.

[york780]

Thanks for your work York!
I'm just an holder, not a speculator, but I'll follow this topic.

Thank you for following 

[york780]

BTC new floor created

Old floor :  579  EUR ($619)
New floor: 1000 EUR ($1069)

[topper26]

Onward and upward, thanks for this topic!

[Ted E. Bare]

Great! I will watch this one too.

[Karpeles]

BTC new floor created

Old floor :  579  EUR ($619)
New floor: 1000 EUR ($1069)

The price broke $1060 few hours ago and you call new support

Also is kind of strange the price just float around the new "floor" just after the new floor has been defined

What is the ceiling now?

[york780]

BTC new floor created

Old floor :  579  EUR ($619)
New floor: 1000 EUR ($1069)

The price broke $1060 few hours ago and you call new support

Also is kind of strange the price just float around the new "floor" just after the new floor has been defined

What is the ceiling now?

Ceiling is hard to say right now. But I expect a little pullback in the $1130 area. Nothing to worry about.
My post about the new floor is how the price should react in near-future and without any fork whats not going to happen.  The natural floor of bitcoin is 1000 EUR ($1069).
I expect if everything is going as I expect it goes, then this is the last year we will see triple digits. Thats the main reason for the yellow line.

[york780]

Another chart of how this will play out

BTC 3 WAVES

Raw ( first some consolidation) -> low volume

Dump already happened, pattern reversed.

Natural floor : $1066

Target : $1600 at the end of 2017




Same idea as me + target added. Not likely to be exact this target. Thats why I avoided mentioning an end target of the upcoming wave. Anyway the principles are the same.
Enjoy and good luck hodling or trading. Risk for bears to be left behind is getting bigger day by day.

[york780]

BTC

WELCOME TO THE TRUTH OF TODAY:

Status: just hodl






I told you the truth yesterday already. This is a daily reminder. Its time to destroy the 1100 barrier and move up to $1130. Go BTC go !

[mindrust]

Like all the other alts, litecoin serves only one purpose. Lottery tickets.

If you were lucky and bought many ltc's from the 4$, you would have hit the %100 jackpot right now. I thought about it. I knew there was a possibility for a huge pump yet i didn't invest any usd in it. Because it is a lottery.

Bitcoin has real supports and resistances with big trading volumes every day. Litecoin had so little trade volume till now. It is obvious that there is a pump&dump scam going on with ltc.

[york780]

Like all the other alts, litecoin serves only one purpose. Lottery tickets.

If you were lucky and bought many ltc's from the 4$, you would have hitten the %100 jackpot right now. I thought about it. I knew there was a possibility for a huge pump yet i didn't invest any usd in it. Because it is a lottery.

Bitcoin has real supports and resistances with big trading volumes every day. Litecoin had so little trade volume till now. It is obvious that there is a pump&dump scam going on with ltc.

You are right.

I bougt ZEC at $50 and i wanted to dump it all at $80 but then my wallet crashed so I was stuck with ZEC. Otherwise i could have dubbled my BTC. Made some nice profit with ETH, but after that the electricity went off. So I lost that also. Yesterday i made good profit on ETC. But this wasnt my month lol. Everything that could go wrong, went wrong . But the strategy is simple : altcoin whale pump passed. Its BTC time once again. Never doubt Bitcoin. SegWit is already getting tested on worhtless altcoins so if they screw it up, nobody cares. But Bitcoin will find its way up again. Litecoin pump(ed) because of a posibe SegWit activation. Its a obvious whale trap, when SegWit gets activated on BTC, Litecoin will get rekt like always.

[aardvark15]

I made a chart for you. This is my expectation for the upcoming months.




1; obvious 2 pointed top, sign of a dump
2; dont do anything stupid zone (hodl or dont buy)
3; bulk load zone. Buy everything in this zone

I looks like Bitcoin could drop to the low $800's according to this chart. That would definitely be the time to buy as much as we can.

[york780]

I made a chart for you. This is my expectation for the upcoming months.



1; obvious 2 pointed top, sign of a dump
2; dont do anything stupid zone (hodl or dont buy)
3; bulk load zone. Buy everything in this zone

I looks like Bitcoin could drop to the low $800's according to this chart. That would definitely be the time to buy as much as we can.

Yes thats true. This is my strategy. We are now in zone 2 obviously. Hodl what you have right now, wait for zone 3 to happen. Patterns in the past have showed us that more weak hands are going to dump their coins if we move sideways for some time. Fork rumours are not over yet,  we must wait for the weak hands to dump their coins because of their fragile tradings strategy. Beware that this chart that I made is not in dollars, but its in EUR. This would result in a drop around $865 dollar. Depends on the FUD. We should take a hardfork seriously because even te exchanges are prepairing for it and they have their protocols ready. We could see how many damage exchanges could create in the past, GOX, China (huobi +OKcoin). Seems likely that ome kind of scenario will come again because the average Joe thinks that he will get rekt because of exchanges and fork combined.

I personally dont know why people are still using exhanges. I like to cut out the middle man, we dont need any exchanges. But that is just from my personal point of view. Anyway like I always say: follow the news and who panics first panics the best.

[shannen87]

York, good afternoon. I am an Afrikoin follower and I am glad you both friends from what I've understood reading your posts. I would love to hear your opinion. Do you excpect the price to drop to $800 in the upcoming period? If so when aproximately? Because you mention that the price will rise at the end of April and today's it's 1st. Also why you believe that the price will drop that much now that Japan which is in the top 5 economies accept BTC as a currency? Thank you.

[york780]

York, good afternoon. I am an Afrikoin follower and I am glad you both friends from what I've understood reading your posts. I would love to hear your opinion. Do you excpect the price to drop to $800 in the upcoming period? If so when aproximately? Because you mention that the price will rise at the end of April and today's it's 1st. Also why you believe that the price will drop that much now that Japan which is in the top 5 economies accept BTC as a currency? Thank you.

First of all I dont expect a price drop (short term) because we are in a consolidation period. We are slowly moving upwards away from the $1069 floor. We will have a quite flat movement upwards to $1130. After that expect some resistance of some weak hands who cant handle the bullish truth. It depends on the FUD and the upcoming news if we see 1 last downmove (zone 3) before we start our next bullrun. Sideways will almost everytime result in a drop before we go up. Dont expect any drops near $800. Bitcoin is way too strong for that.I would be very hard to break through the $1000 floor once again. Only rumours of bitcoin being forked could manage that.

For example when you see a non-inovative based company have the risk of splitting up, the value decreases with at least 50%. Bitcoin only decreased 30%. And they are still saying that bitcoin is volatile.  The volatility of Bitcoin is decreasing, every year more and more. Thats why a 1000 EUR floor is becoming a known fact in the upcoming months. The month april is still tricky because of its sideways movement. Its normal for a market to go sideways after such a decrease, its healthy. But bitcoin traders dont like healty movement they are risk seeking traders. Thats why I expect 1 more downmove before the bullrun.

[patrisorvieto]

First of all I dont expect a price drop (short term) because we are in a consolidation period. We are slowly moving upwards away from the $1069 floor. We will have a quite flat movement upwards to $1130. After that expect some resistance of some weak hands who cant handle the bullish truth. It depends on the FUD and the upcoming news if we see 1 last downmove (zone 3) before we start our next bullrun. Sideways will almost everytime result in a drop before we go up. Dont expect any drops near $800. Bitcoin is way too strong for that.I would be very hard to break through the $1000 floor once again. Only rumours of bitcoin being forked could manage that.

For example when you see a non-inovative based company have the risk of splitting up, the value decreases with at least 50%. Bitcoin only decreased 30%. And they are still saying that bitcoin is volatile.  The volatility of Bitcoin is decreasing, every year more and more. Thats why a 1000 EUR floor is becoming a known fact in the upcoming months. The month april is still tricky because of its sideways movement. Its normal for a market to go sideways after such a decrease, its healthy. But bitcoin traders dont like healty movement they are risk seeking traders. Thats why I expect 1 more downmove before the bullrun.

It makes sense, what credibility I can give to a PearCoin fanboy? 

[york780]

First of all I dont expect a price drop (short term) because we are in a consolidation period. We are slowly moving upwards away from the $1069 floor. We will have a quite flat movement upwards to $1130. After that expect some resistance of some weak hands who cant handle the bullish truth. It depends on the FUD and the upcoming news if we see 1 last downmove (zone 3) before we start our next bullrun. Sideways will almost everytime result in a drop before we go up. Dont expect any drops near $800. Bitcoin is way too strong for that.I would be very hard to break through the $1000 floor once again. Only rumours of bitcoin being forked could manage that.

For example when you see a non-inovative based company have the risk of splitting up, the value decreases with at least 50%. Bitcoin only decreased 30%. And they are still saying that bitcoin is volatile.  The volatility of Bitcoin is decreasing, every year more and more. Thats why a 1000 EUR floor is becoming a known fact in the upcoming months. The month april is still tricky because of its sideways movement. Its normal for a market to go sideways after such a decrease, its healthy. But bitcoin traders dont like healty movement they are risk seeking traders. Thats why I expect 1 more downmove before the bullrun.

It makes sense, what credibility I can give to a PearCoin fanboy? 

Man I cant wait for april 2.

[shannen87]

York, good afternoon. I am an Afrikoin follower and I am glad you both friends from what I've understood reading your posts. I would love to hear your opinion. Do you excpect the price to drop to $800 in the upcoming period? If so when aproximately? Because you mention that the price will rise at the end of April and today's it's 1st. Also why you believe that the price will drop that much now that Japan which is in the top 5 economies accept BTC as a currency? Thank you.

First of all I dont expect a price drop (short term) because we are in a consolidation period. We are slowly moving upwards away from the $1069 floor. We will have a quite flat movement upwards to $1130. After that expect some resistance of some weak hands who cant handle the bullish truth. It depends on the FUD and the upcoming news if we see 1 last downmove (zone 3) before we start our next bullrun. Sideways will almost everytime result in a drop before we go up. Dont expect any drops near $800. Bitcoin is way too strong for that.I would be very hard to break through the $1000 floor once again. Only rumours of bitcoin being forked could manage that.

For example when you see a non-inovative based company have the risk of splitting up, the value decreases with at least 50%. Bitcoin only decreased 30%. And they are still saying that bitcoin is volatile.  The volatility of Bitcoin is decreasing, every year more and more. Thats why a 1000 EUR floor is becoming a known fact in the upcoming months. The month april is still tricky because of its sideways movement. Its normal for a market to go sideways after such a decrease, its healthy. But bitcoin traders dont like healty movement they are risk seeking traders. Thats why I expect 1 more downmove before the bullrun.

Sorry York but I don't get it. You said on March 31 and according to your chart, that BTC price will fall to $865 (zone 3) and today April 1 you saying that we won't fall below $1000.