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Author Topic: Interesting times ahead for next 4-8 weeks  (Read 6216 times)
yenom (OP)
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April 30, 2014, 10:09:28 AM
 #1

I think we're in for a quiet week or two and then some big moves.


Obviously because I've said that we will get some big moves in the next week or two, and then it will go quiet...  Grin
piramida
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April 30, 2014, 02:27:25 PM
 #2

yes, there most probably will be one more week at $400 and then breakout above 500 is imminent.

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MatTheCat
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April 30, 2014, 04:27:05 PM
 #3

yes, there most probably will be one more week at $400 and then breakout above 500 is imminent.

Brilliant Stuff!

Another bookmarked quote for my collection.

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BitChick
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April 30, 2014, 04:34:14 PM
 #4

Let it be so!   Grin

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yenom (OP)
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April 30, 2014, 04:48:08 PM
 #5

yes, there most probably will be one more week at $400 and then breakout above 500 is imminent.

Brilliant Stuff!

Another bookmarked quote for my collection.

LOL, that's why my chart goes up and down, with a disclaimer that it will probably do neither.  Wink
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April 30, 2014, 04:48:34 PM
 #6

So you are predicting some huge shake in market in next few weeks..! I think this will only happen if some things good or nasty happens.. otherwise its hard to break to 300-500$ window..!

MatTheCat
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April 30, 2014, 04:52:10 PM
 #7

LOL, that's why my chart goes up and down, with a disclaimer that it will probably do neither.  Wink

I like your first red arrow down, find it very hard to see the third one happening though....but who knows....perhaps if Bitcoin spends a bit of time trending between $250-$400 then a totally different realm of price action possibilities will open up to market followers.

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Mythul
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April 30, 2014, 04:52:40 PM
 #8

I don't really know who is going to sell BTC at these low prices. The only way is up !  Grin
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April 30, 2014, 05:04:56 PM
 #9

I don't really know who is going to sell BTC at these low prices. The only way is up !  Grin

If Bitcoin was shared equally among holders, I'd say there were more stupid people than the total number of Bitcoins among those holders. lol But this is not so. That's what happens when even a few stupid people hold more wealth than they can handle. Those would again dump for the slightest thought of a big crash and become the very reason of it.

>> nope
1Pakis
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April 30, 2014, 06:38:05 PM
 #10

I think we're in for a quiet week or two and then some big moves.


Obviously because I've said that we will get some big moves in the next week or two, and then it will go quiet...  Grin

Is this a zoom out of your Chart?
https://www.tradingview.com/v/EzMKybwM/

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
JustAnotherSheep
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April 30, 2014, 06:48:58 PM
 #11

Out of curiosity, could you provide the base on which you drew the lower line? Because interestingly, it seems to coincide with 2 of my bottom estimates ($130 and $160), which were calculated entirely without the use of lines.

edit:

Is this a zoom out of your Chart?
https://www.tradingview.com/v/EzMKybwM/
That answered it, cheers.

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yenom (OP)
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April 30, 2014, 06:56:11 PM
 #12

Is this a zoom out of your Chart?
https://www.tradingview.com/v/EzMKybwM/

Yes, bottom two lines match up with mine. I've just zoomed in from a W to a D chart. I think if we break the upper of the two bottom trend lines, then we could see the lowest trend line touched (if it's not a false break shake-out). So, basically I'm just saying anything can happen, lol. Anyone that tells you otherwise is lying or deluded.

I don't really know who is going to sell BTC at these low prices. The only way is up !  Grin

There are plenty of people willing to buy high and sell low. There has to be for someone to take the other side of your trades. One example: https://bitcointalk.org/index.php?topic=588467.0;all

BitchicksHusband
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May 01, 2014, 12:13:12 AM
 #13

The $100s won't happen.  I am neither lying nor deluded.

However, if by some miracle the $100s DID happen, I would take out $10,000 on a credit card loan and buy 50-100 more.

Then I would sell half at double the price to pay the loan off.

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hellscabane
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May 01, 2014, 03:42:26 AM
 #14

I do agree that within the next 4-8 weeks that there will be very interesting movement in the market, but I don't think that things will remain quiet for as long as the next week or two. I mostly say this since because of the levels of oscillations and because it looks like the price trend is very much ready to test a roof (instead of a floor like the last few significant price swings).

Besides, relatively speaking, things have been quite quiet these last few weeks in any case.
piramida
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May 01, 2014, 07:20:03 AM
 #15

yes, there most probably will be one more week at $400 and then breakout above 500 is imminent.

Brilliant Stuff!

Another bookmarked quote for my collection.

just don't forget to look it up once it happens ok

i am satoshi
Varicon
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May 01, 2014, 07:23:41 AM
 #16

I don't think 100's will happen again any time soon, seems to be a huge amount of buy orders stacking up as the price gets low and just drives the prices back up, stabilizing around the mid 400's each time.
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May 01, 2014, 07:24:14 AM
 #17

I think we're in for a quiet week or two and then some big moves.


Obviously because I've said that we will get some big moves in the next week or two, and then it will go quiet...  Grin


The most "predictive" and 'accurate' chart of the future I've ever seen!


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1Pakis
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May 01, 2014, 09:59:24 AM
Last edit: May 01, 2014, 07:40:57 PM by 1Pakis
 #18

Yes, bottom two lines match up with mine. I've just zoomed in from a W to a D chart. I think if we break the upper of the two bottom trend lines, then we could see the lowest trend line touched (if it's not a false break shake-out). So, basically I'm just saying anything can happen, lol. Anyone that tells you otherwise is lying or deluded.

Yes I was also talking about the bottom two support lines.
In my chart I also added a weekly MA 50 which is a long term bullish bearish indicator.
Also notice how the weekly RSI has never gone below the 30 mark after Bitstamp and BTC started getting traction.

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
BitchicksHusband
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May 01, 2014, 01:45:45 PM
 #19

I think we're in for a quiet week or two and then some big moves.


Obviously because I've said that we will get some big moves in the next week or two, and then it will go quiet...  Grin


The most "predictive" and 'accurate' chart of the future I've ever seen!



It's almost as if it can't be wrong...

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tins
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May 01, 2014, 01:48:47 PM
 #20

I don't think 100's will happen again any time soon, seems to be a huge amount of buy orders stacking up as the price gets low and just drives the prices back up, stabilizing around the mid 400's each time.


100's won't happen ever again.
Miners will sell for a loss sometimes, but not that kind of loss.
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