kireinaha (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 07:56:36 PM |
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Bitstamp, 1 day charts, 2013-2014 support line to be tested in approximately four weeks by this current bear trend. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs9.postimg.org%2Fg6g637cm7%2Ffinalwarning.jpg&t=665&c=3t8wYwWLa4tXzg) It is believed by many in the community that this will be the final phase of capitulation and usher in the next rally. This is the final warning: if you are still in fiat, it might be a good idea to re-enter the market in May.
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Night gathers, and now my bitcoinwisdom watch begins.
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counter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 07:59:08 PM |
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Thanks for sharing that analysis. I get the feeling things will get very interesting next month.
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nidhogg1
Newbie
Offline
Activity: 31
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 08:06:20 PM |
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Im sorry but how exactly does drawing two lines predict anything? Need more variables, way more.
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kireinaha (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 08:14:09 PM |
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Im sorry but how exactly does drawing two lines predict anything? Need more variables, way more.
We've been riding the 1 day trend line down like a zip line since December, so it will be interesting to see what happens which this triangle finally breaks. I have a feeling something big will happen next month, but you're right, there is the x factor of more Chinese FUD or other unknowns which could throw everything off.
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Night gathers, and now my bitcoinwisdom watch begins.
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kireinaha (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 08:15:17 PM |
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May 28, here we come... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.indiana.edu%2F%7Egradlife%2Fwp-content%2Fuploads%2F2013%2F11%2F2011-11_FinalCountdown.jpg&t=665&c=rPzuAOLTr_P4RQ)
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Night gathers, and now my bitcoinwisdom watch begins.
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Dalmar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 09:43:40 PM Last edit: April 29, 2014, 10:08:06 PM by Dalmar |
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If it breaks this upper support line to the downside, things dont look pretty: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FRbDwJ3Z.jpg&t=665&c=u-s7VgKiUovlqA)
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hellscabane
Legendary
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Activity: 896
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 10:43:43 PM |
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We will be testing some very interesting waters during May, but I think the upward acceleration will be later on. Still though, the time to “get on board” is growing more and more limited.
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 11:02:13 PM |
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Drawing some lines never worked for Bitcoin. No matter if up or down...
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kireinaha (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 11:07:58 PM |
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Drawing some lines never worked for Bitcoin. No matter if up or down...
Well, this is the *speculation* forum. Just by comparing the support levels since last fall and running that up against the gradual downward trend we've been stuck in, I think it's safe to speculate that *something* significant will happen in the next few weeks. It will be an interesting month, as we watch it play out. We're due for a market reversal, so I'm inclined to believe it will break up near the end of next month, after a further decline to ~$380. So that's the warning; once we hit that level, it's time to move from fiat back into bitcoin. But it's the final warning.. I'm not going to issue it again. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Night gathers, and now my bitcoinwisdom watch begins.
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 11:12:31 PM |
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Drawing some lines never worked for Bitcoin. No matter if up or down...
Well, this is the *speculation* forum. Just by comparing the support levels since last fall and running that up against the gradual downward trend we've been stuck in, I think it's safe to speculate that *something* significant will happen in the next few weeks. It will be an interesting month, as we watch it play out. We're due for a market reversal, so I'm inclined to believe it will break up near the end of next month, after a further decline to ~$380. So that's the warning; once we hit that level, it's time to move from fiat back into bitcoin. But it's the final warning.. I'm not going to issue it again. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I pray that you are right, I´m also sick of these $300-400 coins, I miss them $800 coins...
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firstlast
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 11:19:10 PM |
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We'll break out of this triangle soon enough. Should be an exciting month for both bitcoin and fiat holders!
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kooke
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
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Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 03:28:07 AM |
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If we break $550 in the next 2 weeks then things could get interesting.
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TERA
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 03:55:57 AM |
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Bitstamp, 1 day charts, 2013-2014 support line to be tested in approximately four weeks by this current bear trend. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs9.postimg.org%2Fg6g637cm7%2Ffinalwarning.jpg&t=665&c=3t8wYwWLa4tXzg) It is believed by many in the community that this will be the final phase of capitulation and usher in the next rally. This is the final warning: if you are still in fiat, it might be a good idea to re-enter the market in May. How exactly did you place this arbitrary line at the bottom. I see it doesn't actually contact the end of any of the candles except 1.
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kireinaha (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 03:59:40 AM |
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Bitstamp, 1 day charts, 2013-2014 support line to be tested in approximately four weeks by this current bear trend. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs9.postimg.org%2Fg6g637cm7%2Ffinalwarning.jpg&t=665&c=3t8wYwWLa4tXzg) It is believed by many in the community that this will be the final phase of capitulation and usher in the next rally. This is the final warning: if you are still in fiat, it might be a good idea to re-enter the market in May. How exactly did you place this arbitrary line at the bottom. I see it doesn't actually contact the end of any of the candles except 1. I decided to bypass the flash crash on April 11 from my support line because it was a fluke generated by an X factor event.
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Night gathers, and now my bitcoinwisdom watch begins.
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jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 03:59:53 AM |
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As much as I love technical analysis, I don't think it applies that much to bitcoin right now because of low market depth.
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TERA
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 04:01:54 AM |
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Bitstamp, 1 day charts, 2013-2014 support line to be tested in approximately four weeks by this current bear trend. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs9.postimg.org%2Fg6g637cm7%2Ffinalwarning.jpg&t=665&c=3t8wYwWLa4tXzg) It is believed by many in the community that this will be the final phase of capitulation and usher in the next rally. This is the final warning: if you are still in fiat, it might be a good idea to re-enter the market in May. How exactly did you place this arbitrary line at the bottom. I see it doesn't actually contact the end of any of the candles except 1. I decided to bypass the flash crash on April 11 from my support line because it was a fluke generated by an X factor event. All of the downwards spikes are caused by 'events'. How can you ignore one but not others?
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 06:41:20 AM |
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that chart looks like a coiling spring to me.... All the naysayers sell now! While Bitcoin is "high". lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Mayuyu48
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 12:13:06 PM |
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why there's so many "final warning" in this sub forum
so you advise us buy BTC when price still cheap like now?
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Carra23
Legendary
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Need a campaign manager? PM me
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 01:11:24 PM |
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Is this the final final warning, or the final final final warning?
I will buy when its the final final final final warning.
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spazzdla
Legendary
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Activity: 1722
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2014, 02:28:29 PM |
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why there's so many "final warning" in this sub forum
so you advise us buy BTC when price still cheap like now?
I think it's become a joke..
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