xPredict™ - Multi exchange Prediction Service Result

[Honeypot]

As said earlier,if the price stays below 645 - 660 level for next 4 days (till Christmas) from now,then major fall to 215 to 240 level is very likely.

Thank you for the analysis. I look forward to the market drop.

[windjc]

As said earlier,if the price stays below 645 - 660 level for next 4 days (till Christmas) from now,then major fall to 215 to 240 level is very likely.

I doubt this. There was a massive amount of buying on Stamp at 380.  A lot of support.  Maybe Btc-E could go to 240, but I do not think the other exchanges will.

[TERA]

As said earlier,if the price stays below 645 - 660 level for next 4 days (till Christmas) from now,then major fall to 215 to 240 level is very likely.

I doubt this. There was a massive amount of buying on Stamp at 380.  A lot of support.  Maybe Btc-E could go to 240, but I do not think the other exchanges will.

What if the support was just bitfinex margin trading, and they were following btcchina.

[windjc]

As said earlier,if the price stays below 645 - 660 level for next 4 days (till Christmas) from now,then major fall to 215 to 240 level is very likely.

I doubt this. There was a massive amount of buying on Stamp at 380.  A lot of support.  Maybe Btc-E could go to 240, but I do not think the other exchanges will.

What if the support was just bitfinex margin trading, and they were following btcchina.

I don't think it was. I could have been. But Gox had good support too. I think there was a lot of real fiat waiting for an entry point. I think Loaded's trip is a sign that there is fiat waiting to spend. But I do think the rally since has been leveraged quite a bit.

[Pruden]

Only a third of the +400k 24h volume was due to bitstamp. The support was as strong the 50.01 bottom on April. Bitfinex reports last 24h volume routed through Bitstamp, maybe someone noted it down, but I think its importance is overestimated because it is just a small fraction usually.
About the future: even though btcchina is shrinking, ask sum on MtGox has decreased since the crash started, which is absurdly bullish (in these circustances this means moving sideways).

That said, new lows relative to the exponential long term trend line (which is going up at 23%/month, around 100$/month now) will probably be reached, similarly to the 70 bottom on july.

[spndr7]

The level of 581 to 534 is crucial for BTCUSD market.If market remains below 534 level for 3-4 days then, it would take at-least  more than 20 days to recover to current price level.

Short term buy signal
If in next 2 hours from now, 593 to 602 level is crossed,then market could reach 618 level, within next 6 hours from now.

[Honeypot]

The level of 581 to 534 is crucial for BTCUSD market.If market remains below 534 level for 3-4 days then, it would take at-least  more than 20 days to recover to current price level.

Short term buy signal
If in next 2 hours from now, 593 to 602 level is crossed,then market could reach 618 level, within next 6 hours from now.

Now that's good timing

[spndr7]

Market is continuously sustaining its positive volume, since yesterday.

It could reach 695 level in next 24 hours, if resistance band of 615 to 625, is crossed, for at-least 8 hours.

[BittBurger]

Market is continuously sustaining its positive volume, since yesterday.

It could reach 695 level in next 24 hours, if resistance band of 615 to 625, is crossed, for at-least 8 hours.

Super.  Look at all you stock guys thinking you can predict Bitcoin.

i realize much of this is the same human psychology involved in stocks.  But you are not dealing with the same beast itself.

Rather than predict whats going to happen 3 hours from now, can you tell us when your crystal ball says we will start rising to a new price category higher?

I hope you guys making all your predictions with all your way cool day trader jargon are actually subscribed to Google news feeds for "Bitcoin" so you can see the true factor in Bitcoins true value:  Whats happening in the industry.

In the end, nothing else matters.    And its whats happening there, that is building stability into the $100 , $200 , $300 , $400 BTC base value.

[Jcw188]

I'm surprised we have found support here. I assumed we were going closer to $300 for a base before the ext move higher. Who knows if this is the en of the correction but I'm wondering what Could cause a push to
A new high?

[Honeypot]

Support seems shaky though.

Who knows what the future will bring?

[spndr7]

Market is continuously sustaining its positive volume, since yesterday.

It could reach 695 level in next 24 hours, if resistance band of 615 to 625, is crossed, for at-least 8 hours.

Markets reached 670 (accuracy +/- 3.6 %)

Today's scene

Markets had to rise till 752 till 26 December 2013 otherwise collapse may be huge.

[outofservice]

Market is continuously sustaining its positive volume, since yesterday.

It could reach 695 level in next 24 hours, if resistance band of 615 to 625, is crossed, for at-least 8 hours.

Markets reached 670 (accuracy +/- 3.6 %)

Today's scene

Markets had to rise till 752 till 26 December 2013 otherwise collapse may be huge.

This reads as though you think it is still going to go down just not as low as was anticipated by most. Is this correct?

[JimboToronto]

 Look at all you stock guys thinking you can predict Bitcoin.

i realize much of this is the same human psychology involved in stocks.  But you are not dealing with the same beast itself.

Rather than predict whats going to happen 3 hours from now, can you tell us when your crystal ball says we will start rising to a new price category higher?

I hope you guys making all your predictions with all your way cool day trader jargon are actually subscribed to Google news feeds for "Bitcoin" so you can see the true factor in Bitcoins true value:  Whats happening in the industry.

Bingo. Well said.

[hennessyhemp]

Markets reached 670 (accuracy +/- 3.6 %)

Look at all you stock guys thinking you can predict Bitcoin.

i realize much of this is the same human psychology involved in stocks.  But you are not dealing with the same beast itself.

Rather than predict whats going to happen 3 hours from now, can you tell us when your crystal ball says we will start rising to a new price category higher?

I hope you guys making all your predictions with all your way cool day trader jargon are actually subscribed to Google news feeds for "Bitcoin" so you can see the true factor in Bitcoins true value:  Whats happening in the industry.

Bingo. Well said.

I have to agree that Bitcoin is bigger than a simple stock, however, the market responds like a money market, and the Op appears fairly well versed in that field, see earlier in the the thread where he's been hitting numbers with deft accuracy.  I believe Fibonacci scaled trading can be applied wonderfully to Bitcoin, as it can with just about everything.

I also believe these numbers are scaling out just as quickly as the Bitcoin infrastructure, which is building exponentially, but there are limits, and within those limits are fantastic opportunities to double, triple, or even quadruple your holdings, and that is where people like the Op sail regularly...I like those seas.  And yes, I am subscribed to several Google Alerts related to Bitcoin...this is Bitcoin's Anonymous, is it not?

[spndr7]

This reads as though you think it is still going to go down just not as low as was anticipated by most. Is this correct?

Yes it is correct.

As said earlier,if the price stays below 645 - 660 level for next 4 days (till Christmas) from now,then major fall to 215 to 240 level is very likely.

[outofservice]

This reads as though you think it is still going to go down just not as low as was anticipated by most. Is this correct?

Yes it is correct.

As said earlier,if the price stays below 645 - 660 level for next 4 days (till Christmas) from now,then major fall to 215 to 240 level is very likely.

Thanks for the reply.

Gox is at 700, the rest at 650. I agree with you, I think it's going to drop but not so sure about the 200 range.

[Honeypot]

At least to 500s. More likely within 400s. 300s if we are lucky

spndr7, for the next 'Big' bubble, what would you expect the values to rise to? What period in future do you think the bubble will begin?

Your crystal ball seems fairly accurate - so we are happy to hear your input

p.s. I am learning quite a bit from this thread. Thank you for sharing your expertise with us.

[outofservice]

At least to 500s. More likely within 400s. 300s if we are lucky

spndr7, for the next 'Big' bubble, what would you expect the values to rise to? What period in future do you think the bubble will begin?

Your crystal ball seems fairly accurate - so we are happy to hear your input

p.s. I am learning quite a bit from this thread. Thank you for sharing your expertise with us.

Yes, that's what I'm feeling, somewhere in the 350-400 as the low. Then only reason I don't see it going to 200's is the amount of ppl jumping on that price causing the price to jump back up. Same thing just happened when it dipped to 380ish. As soon as it got in that range I saw the orders go crazy and it quickly jumped back to 525-550.

This is a very good thread. Much to learn from it!

[spndr7]

Today's scene

Markets had to rise till 752 till 26 December 2013 otherwise collapse may be huge.

Market went to 739 today ( within +/- 1.7 % of predicted value in the given time frame ).

UPDATE: No error - Reached 752 level at about 1930 hrs GMT - 26 th December 2013.