Bitcoin Forecast

[siarhei]

Hello, let's make our Bitcoin price forecasts in this thread. Please post the date when expected and your forecast price.

So I begin!

BTC-e 690-710$, Feb 11 (tomorrow)

[1715434635]

1715434635

[coinforecasts]

BTC is still loosing ground on the Mt. Gox exchange platform. New losses are possible. Let's keep it within the 570-590 range (February 11th). By the way, if you're up to BTC intraday trading check this out http://coinforecasts.com/. Very smooth and accurate trading strategies provided.

[checkers6676]

BTC is still loosing ground on the Mt. Gox exchange platform. New losses are possible. Let's keep it within the 570-590 range (February 11th). By the way, if you're up to BTC intraday trading check this out http://coinforecasts.com/. Very smooth and accurate trading strategies provided.

forecasts that look at mt gox price? amateurs.

[chessnut]

I believe that the down trend could last up to a week before testing lows at 400. I'm looking to buy at 380-480.

I do not believe that there will be a rush of incoming capital, nor an abundance of buy orders at any given price as investors stand to the sidelines in this critical time not to catch a falling knife.

I have said before that I would not be surprised if 266 was tested by EW analysis. It would not look at all surprising on the log chart.

I have noticed the frustration of customers depositing BTC on BTCe that is arriving late. I was affected by this but not as late. They want to sell obviously, and they will likely make a market order as the coin arrive out of frustration.

I think the recovery at lows could take 1 - 4 months, before we resume an uptrend towards 2000, ad maybe more.

[coinforecasts]

I expect BTC to be weakening this week. Cannot be specific on a particular date but the price will hit 600 (BTC-e, Bitstamp) again and continue falling down. A potential sell signal on the 1d chart was given over 2 weeks ago (January 27) so a strong 'ask' order prevails over here.

[wobber]

Hello, let's make our Bitcoin price forecasts in this thread. Please post the date when expected and your forecast price.

So I begin!

BTC-e 690-710$, Feb 11 (tomorrow)

Fixed.

[coinforecasts]

Even a sharp upward trend on Feb. 14th did not reverse a L/T bearish move. Expect BTC-e to be 550 at the beginning of next week. Any posts or comments are welcome

[DrBitcoin]

I like Coinbase, which right now is trading at 625.44
I have a small buy order at 550.
But I'm hoping that it goes as low as 399 (which right now seems like wishful thinking)

I have a 10 coin buy at $120. I REALLY hope we have one nightmarish day and things tank that low. Then we may look back five years from now and thinks "that was the last chance to get cheap coins." Basically the way I view the stock market in 2009.

[rmines]

Even a sharp upward trend on Feb. 14th did not reverse a L/T bearish move. Expect BTC-e to be 550 at the beginning of next week. Any posts or comments are welcome

How do you make these predictions?
Are you using some mathematical techniques?

[coinforecasts]

Even a sharp upward trend on Feb. 14th did not reverse a L/T bearish move. Expect BTC-e to be 550 at the beginning of next week. Any posts or comments are welcome

How do you make these predictions?
Are you using some mathematical techniques?

Yes, I am doing technical analysis on the BTC market to know the potential bearish and/or bullish moves

[Hfertig]

BTC-e 21.02.2014   USD 262.00

[siarhei]

BTC-e 21.02.2014   USD 262.00

what is your judgement based on?

[coinforecasts]

We can even expect a breach at 550 in a bit (today)

[fcmatt]

700+ after mtgox allows withdraws then down to 600 area again after some mtgox users sell... Then settle in the 600-700 range for a few weeks. After that i have no idea.

[chesthing]

700+ after mtgox allows withdraws then down to 600 area again after some mtgox users sell... Then settle in the 600-700 range for a few weeks. After that i have no idea.

I think that's unrealistically optimistic, even if gox survives this. I think Matt and others who expect $380ish soon are much closer. I'm buying in at $400, come what may. If it doesn't get there oh well, I was wrong.

[gambitx]

700+ after mtgox allows withdraws then down to 600 area again after some mtgox users sell... Then settle in the 600-700 range for a few weeks. After that i have no idea.

I think that's unrealistically optimistic, even if gox survives this. I think Matt and others who expect $380ish soon are much closer. I'm buying in at $400, come what may. If it doesn't get there oh well, I was wrong.

Ur buying?

HELP!!

[fcmatt]

700+ after mtgox allows withdraws then down to 600 area again after some mtgox users sell... Then settle in the 600-700 range for a few weeks. After that i have no idea.

I think that's unrealistically optimistic, even if gox survives this. I think Matt and others who expect $380ish soon are much closer. I'm buying in at $400, come what may. If it doesn't get there oh well, I was wrong.

I am betting mtgox will turn on btc withdrawing and you will see the biggest spike in mtgox history in a matter of a few hours. This will spill over to other exchanges. Bring them up past 700. Short term traders will take profits hammering it back down to 600 area. That is where we will settle in again. Higher then 600 and lower then 700.

The market is following mtgox's craziness down.. and will follow it right on up. The trouble is that mtgox is so goofy that could be this week or next month. Who knows how this will play out the longer it takes them.  I just think people will regret selling btc for less then 675-700 over the short term. Short term being when mtgox fixes their crap.

[chesthing]

I am betting that Mark goes down in history right alongside Bernie Madoff. How you think gox is going to come back and everything will be ok is beyond me.

[fcmatt]

I am betting that Mark goes down in history right alongside Bernie Madoff. How you think gox is going to come back and everything will be ok is beyond me.

i have no idea how long you have been on the bitcoin scene but it has been a few years now for me. mtgox is like a roach that never dies. it has come back from so many things it is funny. this will be the next blip in the road for them. they will allow btc withdraw sooner then you think. my two cents.

[chesthing]

When was the last time Gox btc price was less than half of the other exchanges? Do you really believe they have the fiat and/or btc to make things right? I'm just a dumb newbie, please explain where my mistakes lie..