My Prediction Thread

[Abandon]

Breaking downward from this bearish pennant to 95 is a significant possibility, after that the ghost bear might finally have faded.

If we break past 95-94, then the next Fibonacci support is at 77, but we might find a bottom sooner than that. If we break past 88, then the bear trend is still alive, otherwise it has been dead.

[1714633246]

1714633246

[1714633246]

1714633246

[Abandon]

Three black crows have landed in the fifteen scale, their croaks can be heard throughout the the hills. Will the earth hold?

The crows do not think so.

[lucas.sev]

Three black crows have landed in the fifteen scale, their tweets can be heard throughout the the hills. Will the earth hold?

The crows do not think so.

Finally a quality prediction.

[Jozzaboy]

Three black crows have landed in the fifteen scale, their croaks can be heard throughout the the hills. Will the earth hold?

The crows do not think so.

Your riddles do not tell us what the market bottom will be, old sport. I am shorting until it hits 85 regardless as we are about to see self-fulfilling prophecy.

[ft73]

Three black crows have landed in the fifteen scale, their croaks can be heard throughout the the hills. Will the earth hold?

The crows do not think so.

Somebody does, it seems

[Abandon]

The bearish pennant turned into a descending triangle before breaking upward!

"If you go to:
http://www.prognosis.nl/support/faq/principle/principle2.html
and search for: "irregular flat" you can learn the rules regarding this type of wave. Interestingly, the author makes point that the fact that the market makes a new high suggests that the market really is anxious to get on with the next impulse wave up. "

https://www.tradingview.com/v/cfzbDBJ2/

My prediction that the bear trend has ended a while ago holds.

-update-

if it breaks 98.25, then it's not necessarily go upward very far, otherwise it's likely going up pretty far.

[Abandon]

I predict up from here, so long as it doesn't cross 98.25.

[Jozzaboy]

I predict up from here, so long as it doesn't cross 98.25.

My fiat is ready. I'm just waiting for the rebound to 120 before down to 70

[Miz4r]

I predict up from here, so long as it doesn't cross 98.25.

Why 98.25? I don't understand the importance of a very specific number, will 98.24 really turn everything around? Sounds like voodoo to me.

[Abandon]

I predict up from here, so long as it doesn't cross 98.25.

Why 98.25? I don't understand the importance of a very specific number, will 98.24 really turn everything around? Sounds like voodoo to me.

That's just an important support, if it's broken, then there is not much left to indicate that we're in a bull trend.

[Odalv]

I predict up from here, so long as it doesn't cross 98.25.

Why 98.25? I don't understand the importance of a very specific number, will 98.24 really turn everything around? Sounds like voodoo to me.

That's just an important support, if it's broken, then there is not much left to indicate that we're in a bull trend.

Everyone here wants bitcoin (and cheap).  TA does not matter. Big players will draw(pumping or dumping) you any chart you want if they will get more bitcoins. Think about Fundamentals.

[Abandon]

I predict up from here, so long as it doesn't cross 98.25.

Why 98.25? I don't understand the importance of a very specific number, will 98.24 really turn everything around? Sounds like voodoo to me.

That's just an important support, if it's broken, then there is not much left to indicate that we're in a bull trend.

Everyone here wants bitcoin (and cheap).  TA does not matter. Big players will draw(pumping or dumping) you any chart you want if they will get more bitcoins. Think about Fundamentals.

Fundamentals are important, so is sentiment. Yet technical analysis is important as well..

Anything drawn or painted on a chart that looks natural, will be treated as natural from a TA and sentiment perspective. Yet it's difficult to try to paint something on a graph without getting indifference or the opposite of what you want.

I think 100 acts as a powerful pivot point, it'll eat up everything below and above it until it's ready to rise. Only a flash crash or bad news can break the 100 pivot gravity.

[Frozenlock]

Only a flash crash or bad news can break the 100 pivot gravity.

Inb4 a newsless slow slide down. 

[BitPirate]

Only a flash crash or bad news can break the 100 pivot gravity.

Inb4 a newsless slow slide down. 

Inb4 rebound to $110

[notme]

Only a flash crash or bad news can break the 100 pivot gravity.

Inb4 a newsless slow slide down. 

Inb4 rebound to $110

And thus a perfect illustration of the "gravity" Abandon speaks of.

[ft73]

Only a flash crash or bad news can break the 100 pivot gravity.

Inb4 a newsless slow slide down. 

Inb4 rebound to $110

Likely

[phoenix1]

Only a flash crash or bad news can break the 100 pivot gravity.

Inb4 a newsless slow slide down. 

Inb4 rebound to $110

Likely

Seems like we have to wade through treacle to get anywhere ...

[BitPirate]

Gox is oversold. All the markets in China are higher than Gox -- which makes for a change as they usually settle closer when given enough time.

I can see that plenty of bids are entering order books as people want to buy back, but they are a fair bit off the current price. As confidence returns on Mon/Tues, they will be moved up to market price and back up we will go.

Price won't be able to rise above $110 or so though -- it will take quite some time for confidence to fully return; perhaps a minimum of two weeks. Things will get going though. It's a great buying opportunity (as usual ;-) )

That confidence just takes time, not necessarily lower prices as some would believe.

[ft73]

Only a flash crash or bad news can break the 100 pivot gravity.

Inb4 a newsless slow slide down.  

Inb4 rebound to $110

Likely

Seems like we have to wade through treacle to get anywhere ...

Yes, but we got time

Gox is oversold.

Very true.

[Jozzaboy]

Gox is oversold. All the markets in China are higher than Gox -- which makes for a change as they usually settle closer when given enough time.

I can see that plenty of bids are entering order books as people want to buy back, but they are a fair bit off the current price. As confidence returns on Mon/Tues, they will be moved up to market price and back up we will go.

Price won't be able to rise above $110 or so though -- it will take quite some time for confidence to fully return; perhaps a minimum of two weeks. Things will get going though. It's a great buying opportunity (as usual ;-) )

That confidence just takes time, not necessarily lower prices as some would believe.

Using the exchange rate of USD/YUAN, what is the comparable price on Chinese markets? Additionally, your English is excellent