Bitcoin market trend analysis- so far the most reliable through 2-month test

[btc237ftw]

Yea, this drop was.... but who knows maybe the day is still young

[BitChick]

Yea, this drop was.... but who knows maybe the day is still young

Hopefully everyone does not panic and sell again.  I was hoping it would get up to $110.

[vokain]

Yea, this drop was.... but who knows maybe the day is still young

Hopefully everyone does not panic and sell again.  I was hoping it would get up to $110.

you and everyone else holding and not buying 

[btc237ftw]

I think it is related to this :

http://www.coindesk.com/bitcoin-company-acquisitions-begin-gambling-site-satoshidice-sells-for-11-5m-126315-btc/

[Wagner2014]

Today's update:(GMT+8)

From the 4-hour chart, it reveals just like the update from 2 days ago. The strong correction stays at a relatively higher price area. Currently the correction approaches $100 from hour chart. And buy strength is stronger. It will break out to upside any time if correction continues to be at 100$. The upside target area is $110-$115.

Thanks!

the update on July 16th is still applied.

Damn!

[Voodah]

Ok that 110-115 prediction went bonkers.

What is your next prediction?

[triib4l]

bitcoin prices right now are killing me guess i'll just hold out and hope for a rise

[796]

very nice post

Predict a rise to 110 and instead having a fall to 80s, I don't know if we can call it a "nice post"... neither "the most reliable analysis" 

He cannot be always right.
The original intention to creating this post is to give his view and Bitcoiners may take this as a reference.
You still need to think carefully when you're operating.
And he's just forecasting short-term trend(one day in advance at most).
We're sorry if you follow closely to his forecast and make a loss.

kind regards,

[Ares]

very nice post

Predict a rise to 110 and instead having a fall to 80s, I don't know if we can call it a "nice post"... neither "the most reliable analysis" 

He cannot be always right.
The original intention to creating this post is to give his view and Bitcoiners may take this as a reference.
You still need to think carefully when you're operating.
And he's just forecasting short-term trend(one day in advance at most).
We're sorry if you follow closely to his forecast and make a loss.

kind regards,

Nobody saw the sale of Satoshi Dice coming which triggered the short fall. I can't believe people are holding that against him.

[dwdoc]

The problem is that so far he has been wrong much more often than right.

[796]

hi,
We know that the trend analysis isn't going well.
What we want to say is that Mr. Zhu is trying his best to share his views here and hope this can be a little bit help for you.
And we also know that he cannot be 100% right for the short-term forecast all the time.
We really appreciate you guys spend time reading this and some might have followed this closely.
Yet, you need to think carefully before invest.
We hope people can make money and be happy.
If this caused inconvenience, we're sorry.

the following is from yesterday:

The short-term trend is similar to earlier drop. The trend won’t reverse immediately because of abrupt drop in the uptrend and it needs time to be confirmed. Currently, the price falls too much and we may decide direction after further consolidation. The long-term trend is still dropping slowly downwards. For medium-long term, we may pay attention to price above or under 100$.

We wanna remind our friends that his forecast is aiming short-term trend and one day in advance at most.
So, you still need to decide yourself and just take this as a reference.

Sincerely,
796 Exchange

[796]

The problem is that so far he has been wrong much more often than right.

Hi there,
most members on our platform do very short term investment and we carry weekly settlement.
i know he's wrong recently.
but most do make money following his forecast.
i'm not defending him, just wanna say maybe we should see this in the long run?

thanks.

[796]

very nice post

Predict a rise to 110 and instead having a fall to 80s, I don't know if we can call it a "nice post"... neither "the most reliable analysis" 

He cannot be always right.
The original intention to creating this post is to give his view and Bitcoiners may take this as a reference.
You still need to think carefully when you're operating.
And he's just forecasting short-term trend(one day in advance at most).
We're sorry if you follow closely to his forecast and make a loss.

kind regards,

Nobody saw the sale of Satoshi Dice coming which triggered the short fall. I can't believe people are holding that against him.

yeah, we noticed the news yesterday.
thanks Ares.
it's not easy to earn complete trust and he's just do what he thinks is right.
take care.

[marvinrouge]

hi,
We know that the trend analysis isn't going well.
What we want to say is that Mr. Zhu is trying his best to share his views here and hope this can be a little bit help for you.
And we also know that he cannot be 100% right for the short-term forecast all the time.
We really appreciate you guys spend time reading this and some might have followed this closely.
Yet, you need to think carefully before invest.
We hope people can make money and be happy.
If this caused inconvenience, we're sorry.

the following is from yesterday:

The short-term trend is similar to earlier drop. The trend won’t reverse immediately because of abrupt drop in the uptrend and it needs time to be confirmed. Currently, the price falls too much and we may decide direction after further consolidation. The long-term trend is still dropping slowly downwards. For medium-long term, we may pay attention to price above or under 100$.

We wanna remind our friends that his forecast is aiming short-term trend and one day in advance at most.
So, you still need to decide yourself and just take this as a reference.

Sincerely,
796 Exchange

It was a big mistake, but nobody can be always right. Any analysis is welcome.
A problem is maybe a matter of timing, it's short term prediction and the analysis seems to be posted half a day after the forecast. With short term prediction, things can evolve fast. When you posted the last analysis, the price was already falling (making the analysis obsolete).

[796]

hi,
We know that the trend analysis isn't going well.
What we want to say is that Mr. Zhu is trying his best to share his views here and hope this can be a little bit help for you.
And we also know that he cannot be 100% right for the short-term forecast all the time.
We really appreciate you guys spend time reading this and some might have followed this closely.
Yet, you need to think carefully before invest.
We hope people can make money and be happy.
If this caused inconvenience, we're sorry.

the following is from yesterday:

The short-term trend is similar to earlier drop. The trend won’t reverse immediately because of abrupt drop in the uptrend and it needs time to be confirmed. Currently, the price falls too much and we may decide direction after further consolidation. The long-term trend is still dropping slowly downwards. For medium-long term, we may pay attention to price above or under 100$.

We wanna remind our friends that his forecast is aiming short-term trend and one day in advance at most.
So, you still need to decide yourself and just take this as a reference.

Sincerely,
796 Exchange

It was a big mistake, but nobody can be always right. Any analysis is welcome.
A problem is maybe a matter of timing, it's short term prediction and the analysis seems to be posted half a day after the forecast. With short term prediction, things can evolve fast. When you posted the last analysis, the price was already falling (making the analysis obsolete).

yeah, the post is indeed delayed about 3-4 hours.
will improve this.
thanks for your reminding. appreciated.

[btc237ftw]

wow huge buyings...

Could it be related to the buyout? maybe the buyer/s of SatoshiDice started buying BTC (Batch #1 from 135,000) ?

[lucas.sev]

wow huge buyings...

Could it be related to the buyout? maybe the buyer/s of SatoshiDice started buying BTC (Batch #1 from 135,000) ?

They told you in other thread... the buyer ALREADY bought SatoshiDice , and the people will be getting BTC which then can be dropped into the market.

[btc237ftw]

no more predictions?

[Wagner2014]

no more predictions?

going down...

[796]

no more predictions?

Sorry, will update tomorrow.