YORK's price prediction topic.

[Wind_FURY]

BTC SHORT TERM:

Small pullback ahead? (+/-$50)

-Indicators saying yes
-Beartrap allert
-Uptrent will continue

Dont try to catch a falling knife because the risks are to big right now, so hold.


Happy trading all!

You are contradicting yourself. You are discouraging everyone from buying to avoid "catching a falling knife" but you encourage them to hold because you are saying the trend going up will resume. Would it not be better to buy will the price is dipping and hold more if the price is going up again?

A bear trap is really a signal to "buy the dips".

I only expected a $50 trap. The RR ratio is to high for that. Thats why its better to watch and enjoy. I dont contradict myself, that would make life really really dificult.

That does not change anything. If you think the trend up will continue and you encourage everyone to hold then surely buying now is not "catching a falling knife". It is "buying the dips" because you expect the value to go up.

True. Unless there is massive panic. The price now is quite high according to the chart so I try to warn people so that they dont get burned. Anyway the uptrend continues unless my indicators tells me otherwise.

That is why I am saying you are contradicting yourself. You are saying one thing and then later you are saying another thing. Read your post I quoted. Tell me if that is not contradicting yourself.

[york780]

BTC SHORT TERM:

Small pullback ahead? (+/-$50)

-Indicators saying yes
-Beartrap allert
-Uptrent will continue

Dont try to catch a falling knife because the risks are to big right now, so hold.


Happy trading all!

You are contradicting yourself. You are discouraging everyone from buying to avoid "catching a falling knife" but you encourage them to hold because you are saying the trend going up will resume. Would it not be better to buy will the price is dipping and hold more if the price is going up again?

A bear trap is really a signal to "buy the dips".

I only expected a $50 trap. The RR ratio is to high for that. Thats why its better to watch and enjoy. I dont contradict myself, that would make life really really dificult.

That does not change anything. If you think the trend up will continue and you encourage everyone to hold then surely buying now is not "catching a falling knife". It is "buying the dips" because you expect the value to go up.

True. Unless there is massive panic. The price now is quite high according to the chart so I try to warn people so that they dont get burned. Anyway the uptrend continues unless my indicators tells me otherwise.

That is why I am saying you are contradicting yourself. You are saying one thing and then later you are saying another thing. Read your post I quoted. Tell me if that is not contradicting yourself.

No. I made a bullish and bearish scenario according to the channelchart with a upper and bottom line. Dont trust people, trust charts. Let the market decide which direction we will go.

[york780]

W-BOTTOM 2 times in a row?

Possible bearish scenario (unlikely)

I am still confident that we will continue to move up, but this possible pattern has my worried guys.
Its possible to happen because of the scaling FUD and Bitfinex doing some dirty things.
This is a bears wet dream.
Still bitcoin need to break trough the white line in the channel of the previous chart to be in a bullish momentum again.
This is a scenario when the bulls decide to say screw it we go pump some alts and let bitcoin soar.



Advice:

Just watch the channel of the previous channel.

Destroying the upper white line = bullish
Dumping trough the bottom white line = bearish


Keep on holding guys and watch the damn channel!

Happy trading all.

So were expecting a big dump as you explain, cant we sell our btc the
And buy cheap...?

Depends if we break upwards or down. The market is still going sideways in the channel as expected. Just watch the channel and you know what direction we are going.

[talkbitcoin]

Reason for the drop of $60 ? :



BTC spiked bigtime when Wang Chun was posting that Bitcoin wont fork and cant fork.
This guy has some serious influence.

EDIT: beware that he posted this on 13 april 7:15 a.m, dont get distraced by the date on the screenshot.
45 min later BTC dropped.

this guy is seriously messing with everything price related these days. and the worst (or funny) party is that it seems to be effective.

it is not yet so long after his little stunt about the litecoin and that stupid tweet (not so different than this one) about SegWit on litecoin and him not being so sure about it!

it makes you wonder how much he is making from these price swings.

true. This guy first created a lot of SegWit hype, and now he's saying that he doesnt support it on BTC. He's just so obvious in his trading strategy. So he sold a couple days ago and bought back in at the current dip. This is one of the reasons why I hate centralized mining. They have taken Bitcoin as a hostile for now, disrupting its progress and they can fully create a pump by their own. Only thing that they need to do is spreading FUD or SegWit hype because of their miningpower.

i think he liked the market (price) reaction to his tweets last time he did this because he is doing it again.
https://twitter.com/f2pool_wangchun/status/853047376608600065

the only good news is that despite all these tweets f2pool is actually signalling SegWit on both bitcoin and litecoin.

[york780]

Reason for the drop of $60 ? :



BTC spiked bigtime when Wang Chun was posting that Bitcoin wont fork and cant fork.
This guy has some serious influence.

EDIT: beware that he posted this on 13 april 7:15 a.m, dont get distraced by the date on the screenshot.
45 min later BTC dropped.

this guy is seriously messing with everything price related these days. and the worst (or funny) party is that it seems to be effective.

it is not yet so long after his little stunt about the litecoin and that stupid tweet (not so different than this one) about SegWit on litecoin and him not being so sure about it!

it makes you wonder how much he is making from these price swings.

true. This guy first created a lot of SegWit hype, and now he's saying that he doesnt support it on BTC. He's just so obvious in his trading strategy. So he sold a couple days ago and bought back in at the current dip. This is one of the reasons why I hate centralized mining. They have taken Bitcoin as a hostile for now, disrupting its progress and they can fully create a pump by their own. Only thing that they need to do is spreading FUD or SegWit hype because of their miningpower.

i think he liked the market (price) reaction to his tweets last time he did this because he is doing it again.


the only good news is that despite all these tweets f2pool is actually signalling SegWit on both bitcoin and litecoin.

He's just sying this to keep the community satisfied. He's just playing with you guys.



He even said that he will start to mine DASH and other shitcoins inspite of bitcoin because Satoshi's note will go nowhere.

[Dakustaking76]

Any update Guy's?

[Lecter]

Price is artificially inflated due to the inability to withdraw USD on finex. When this gets sorted out price is gonna drop, and then drop even more as people panic. Currently its providing a nice cushion for this little pull back which should in reality be larger than it currently appears.

Yup.  This is precisely what happened during the rise and fall of Mt. Gox.

[Ted E. Bare]

This is because of a conflict with their payment processor, not because of a malfunction. They are already setting up alternative ways to withdraw your money, plus bitcoin withdrawals work fine. In MtGox that was not the case. The MtGox situation was far more problematic.

[Wind_FURY]

BTC SHORT TERM:

Small pullback ahead? (+/-$50)

-Indicators saying yes
-Beartrap allert
-Uptrent will continue

Dont try to catch a falling knife because the risks are to big right now, so hold.


Happy trading all!

You are contradicting yourself. You are discouraging everyone from buying to avoid "catching a falling knife" but you encourage them to hold because you are saying the trend going up will resume. Would it not be better to buy will the price is dipping and hold more if the price is going up again?

A bear trap is really a signal to "buy the dips".

I only expected a $50 trap. The RR ratio is to high for that. Thats why its better to watch and enjoy. I dont contradict myself, that would make life really really dificult.

That does not change anything. If you think the trend up will continue and you encourage everyone to hold then surely buying now is not "catching a falling knife". It is "buying the dips" because you expect the value to go up.

True. Unless there is massive panic. The price now is quite high according to the chart so I try to warn people so that they dont get burned. Anyway the uptrend continues unless my indicators tells me otherwise.

That is why I am saying you are contradicting yourself. You are saying one thing and then later you are saying another thing. Read your post I quoted. Tell me if that is not contradicting yourself.

No. I made a bullish and bearish scenario according to the channelchart with a upper and bottom line. Dont trust people, trust charts. Let the market decide which direction we will go.

Is there such a thing as a bullish and bearish scenario? I want to ask you, where did you learn how to analyze charts? Are you self taught like most of the "chartists" here?

Because that is the problem in this forum sometimes. There are many people who act like they are real professional traders.

[york780]

BTC SHORT TERM:

Small pullback ahead? (+/-$50)

-Indicators saying yes
-Beartrap allert
-Uptrent will continue

Dont try to catch a falling knife because the risks are to big right now, so hold.


Happy trading all!

You are contradicting yourself. You are discouraging everyone from buying to avoid "catching a falling knife" but you encourage them to hold because you are saying the trend going up will resume. Would it not be better to buy will the price is dipping and hold more if the price is going up again?

A bear trap is really a signal to "buy the dips".

I only expected a $50 trap. The RR ratio is to high for that. Thats why its better to watch and enjoy. I dont contradict myself, that would make life really really dificult.

That does not change anything. If you think the trend up will continue and you encourage everyone to hold then surely buying now is not "catching a falling knife". It is "buying the dips" because you expect the value to go up.

True. Unless there is massive panic. The price now is quite high according to the chart so I try to warn people so that they dont get burned. Anyway the uptrend continues unless my indicators tells me otherwise.

That is why I am saying you are contradicting yourself. You are saying one thing and then later you are saying another thing. Read your post I quoted. Tell me if that is not contradicting yourself.

No. I made a bullish and bearish scenario according to the channelchart with a upper and bottom line. Dont trust people, trust charts. Let the market decide which direction we will go.

Is there such a thing as a bullish and bearish scenario? I want to ask you, where did you learn how to analyze charts? Are you self taught like most of the "chartists" here?

Because that is the problem in this forum sometimes. There are many people who act like they are real professional traders.

Yes there is. The market isnt 100% bullish or bearish. Its a dynamic thing what moves because of potential threats and chances. How can you be self taught? Everyone needs a theory backing its chart otherwise its just gambling. I do a lot of research to possible paterns, history, news and technical data because it interests me. Everyone has their own thing right? Somebody likes to write codes, the other one likes to write articles, and some people like to analyse charts .

[york780]

BTC TO 1 USD BUG



Anyone here grabbed cheap $1 bitcoins?  

[york780]

BTC STILL GOING SIDEWAYS AS EXPECTED.



Resistance ahead

[Iranus]

BTC STILL GOING SIDEWAYS AS EXPECTED.



Resistance ahead

I know your game York.  You make many posts in which you say a variety of things that you don't understand (in this thread alone you've misunderstood the scaling debate several times) and you contradict yourself in these posts subtly in a way that some people won't notice so that as soon as anything happens you can pretend you've predicted it.  When people check that, they look back, find the thing that you said that supports the event because they were looking for it and miss the opposite prediction.  Then they think you're great and they leave you a lovely little donation.

You can't do fundamental analysis, never mind technical analysis.

[york780]

COINBASE FAKE 'ERROR' DUMPS



Strange things going on at Coinbase.
Just gonna leave this here.

[york780]

BTC still in the channel as expected, trying to move.

[york780]

[talkbitcoin]

COINBASE FAKE 'ERROR' DUMPS



Strange things going on at Coinbase.
Just gonna leave this here.

these are not dumps, these are proving that Coinbase owners/developers are incompetent.
there was a scheduled maintenance yesterday and because of that they emptied their orderbook, closed down, did the maintenance and when they came back online the orderbook was empty with charts showing bitcoin price down to $0.06 (and i read someone that some people even dumped bitcoin because of panic on coinbase at around $1050.) i say these are not dumps because what i saw was just the price not an order being filled.

that ridiculous percentage for bitcoin and possibly for all other markets is because it is calculating it with $0.06 and $1179

[york780]

COINBASE FAKE 'ERROR' DUMPS



Strange things going on at Coinbase.
Just gonna leave this here.

these are not dumps, these are proving that Coinbase owners/developers are incompetent.
there was a scheduled maintenance yesterday and because of that they emptied their orderbook, closed down, did the maintenance and when they came back online the orderbook was empty with charts showing bitcoin price down to $0.06 (and i read someone that some people even dumped bitcoin because of panic on coinbase at around $1050.) i say these are not dumps because what i saw was just the price not an order being filled.

that ridiculous percentage for bitcoin and possibly for all other markets is because it is calculating it with $0.06 and $1179

True, but they look at dumps on the chart. Really strange that it happended to not only BTC but also to ETH ad LTC.

[Dakustaking76]

The strange one is were rising now again already been 1130€

[york780]

Nah its expected.

Still in the channel tho.

Fake out or bullish break out ?