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Question: When will uptrend start?
It has already started - 41 (26.6%)
By June - 34 (22.1%)
By July - 22 (14.3%)
by August - 17 (11%)
By winter - 7 (4.5%)
By 2015 - 5 (3.2%)
In 2015 - 7 (4.5%)
Never - 21 (13.6%)
Total Voters: 154

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Author Topic: When will uptrend start?  (Read 3757 times)
Wary (OP)
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May 07, 2014, 12:08:28 AM
 #1

Here we can see 3 crossings: about end of May, end of June and end of July.
Hense the poll



(Clarification about options 1 and 8: They are just poll options, rather than spreading lies Smiley)

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TERA
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May 07, 2014, 03:17:35 AM
 #2

its difficult to say when another 'uptrend' will start because we recently broke out of the bull run that we have been having in the past 2 years according to lots of indicators on the weekly chart. there's no line to follow where we will find the next leg because we are out of legs. a very strong and persistent base needs to be found somewhere to dig the roots for the next multiyear uptrend. i see a lot of sideways and jigsawing action in the future. 250-300 is probably a pretty strong area.
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May 07, 2014, 04:39:44 AM
 #3

The uptrend cant be predicted with technical analysis.. as it is trigged with news.. like one country adopting it or china unbanning
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May 07, 2014, 04:48:08 AM
 #4

Soon at least getting to that stage in the cycle where I see hope from despair sentiment moving around

Believing in Bitcoins and it's ability to change the world
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May 07, 2014, 05:25:43 AM
 #5

The chart shows that the next 4th red candle might be a long one  Grin

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tins
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May 07, 2014, 05:28:31 AM
 #6



BTC is more and more in the mainstream. Price can only go up.
Wary (OP)
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May 07, 2014, 05:28:58 AM
 #7

The uptrend cant be predicted with technical analysis.. as it is trigged with news
But why the news were happening every 8 months?

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Wary (OP)
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May 07, 2014, 05:33:58 AM
 #8

The chart shows that the next 4th red candle might be a long one  Grin
Right! Sell !!!  Grin

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May 07, 2014, 05:38:32 AM
 #9

The uptrend cant be predicted with technical analysis.. as it is trigged with news.. like one country adopting it or china unbanning

thats actually not true. The buying pressure was there long before the news was there in the previous bubbles.

Bro, do you even blockchain?
-E Voorhees
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May 07, 2014, 06:14:48 AM
 #10



BTC is more and more in the mainstream. Price can only go up.
i do not understand this logic
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May 07, 2014, 06:31:20 AM
 #11

When we get a nice soundtrack that makes people feel bullish to buy more Bitcoins  Cool

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May 07, 2014, 06:41:17 AM
 #12

When we get a nice soundtrack that makes people feel bullish to buy more Bitcoins  Cool
Right. Ducktales - Moon Theme has been exhausted I guess
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May 07, 2014, 08:47:52 AM
 #13

You can't predict this trend reversal by drawing lines in graphs. Support points aren't static in an highly dynamic market. And anyway, most of the "support points" here don't even qualify as real support points. Dropping hasn't stopped there because of strong buying resistance, but because the biggest sellers have just stopped selling to wait the price to rise, so they can sell with better profits.

There has to be an event that will give a strong boost to demand. With the loss of gox customer funds, bitcoin lost the trust of the general public. This means that no new buyers entering the market system.
Currently, there is a lot of supply piling up, because miners are holding and waiting for better times to sell. If the demand boost event won't happen soon, then they will start to sell their coins to cut their losses and move on, one miner at a time.
I think that the main mistake that bitcoin speculators make, is that they can't see the difference between 2011 and 2014. They think that the same mechanisms and rules apply now, that applied then.


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Mythul
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May 07, 2014, 09:06:46 AM
 #14

It could start any day you know  Grin
TrailingComet
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May 07, 2014, 10:29:28 AM
 #15

Not in 2014
Too much bad karma and negative news flow to get on top of
New momentum hopefully in 2015

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May 07, 2014, 10:46:30 AM
 #16

I had a vision when I was drunk in March. It looked something roughly like this. Down to $270 I believe.

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May 07, 2014, 11:26:58 AM
 #17

Now! Already + $15  Grin
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May 07, 2014, 01:02:16 PM
 #18

please not start yet
i wait until 15th to get cash for buying more BTC Grin
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May 07, 2014, 01:37:33 PM
 #19

its difficult to say when another 'uptrend' will start because we recently broke out of the bull run that we have been having in the past 2 years according to lots of indicators on the weekly chart. there's no line to follow where we will find the next leg because we are out of legs. a very strong and persistent base needs to be found somewhere to dig the roots for the next multiyear uptrend. i see a lot of sideways and jigsawing action in the future. 250-300 is probably a pretty strong area.

So, do we cleanly break below the 365-day EMA for the first time since the third quarter of 2011?

http://www.bitcoincharts.com/charts/bitstampUSD#tgCza1gEMAzm1g365zm2g25zl
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May 07, 2014, 05:08:29 PM
 #20

Now! We're going to the Moon  Grin
Where is Moon emoticon?

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