Topic: Bitcoin Forecast - page 2. (Read 7076 times)
BTC-e reached 635 today, however our potential resistance is at 637. 2 more points either today or tomorrow and our next target 651
"Hey there! Any other thoughts on BTC value until the end of this week?"
Short-term forecast (Week of March 12):
Low $600
High $650
Make of this what you will.
Short-term forecast (Week of March 12):
Low $600
High $650
Make of this what you will.
Hey there! Any other thoughts on BTC value until the end of this week?
It seems BTC will be challenging the 610-620s area until the end of this week. We still expect a rally to $700+ by the end of March.
If BTC-e keeps taking a dive and breach 600 we may again be testifying a bearish sentiment of the market (support at 564)
I agree. I believe its just bad news for this whole month. I feel the Gox issue is still fresh in everyone's mind. It really hasn't died out as it should.
The problem is keep money at exchanges. Let not forget these are not banks and NOT FDIC insured. Its like wild wild west. Everyone needs to transfer in and out with there wallets.
I never understood why would someone ever leave more than 5 BTC or even 3 BTC at an exchange. Its a lot of money to be throwing nether less some are leaving hundreds.
I just feel the best course of action for any of these exchanges is getting insurance.
You are very right about the exchange platforms security. After Mt.Gox's shutdown lots of bitcoiners were seeking a way to pull their funds out and that triggered a sell off panic which I think is still going on. Insurance and/or legal certificate are the best courses of action for the exchange platforms. More responsibility from their side and thus less panic on the market. Perfect match! I guess this as you said 'wild-wild west' would put BTC down in the short-term until a common agreement will be found.
If BTC-e keeps taking a dive and breach 600 we may again be testifying a bearish sentiment of the market (support at 564)
I agree. I believe its just bad news for this whole month. I feel the Gox issue is still fresh in everyone's mind. It really hasn't died out as it should.
The problem is keep money at exchanges. Let not forget these are not banks and NOT FDIC insured. Its like wild wild west. Everyone needs to transfer in and out with there wallets.
I never understood why would someone ever leave more than 5 BTC or even 3 BTC at an exchange. Its a lot of money to be throwing nether less some are leaving hundreds.
I just feel the best course of action for any of these exchanges is getting insurance.
If BTC-e keeps taking a dive and breach 600 we may again be testifying a bearish sentiment of the market (support at 564)
Exchanges (just as banks) should have impeccable security.
A lot of new exchanges have been hacked because their lack of security, I also wonder if they have been properly pentested by security experts.
btc-e, kraken.com and bitstamp.net haven't had any security incidents thus far, as far as I know.
A lot of new exchanges have been hacked because their lack of security, I also wonder if they have been properly pentested by security experts.
btc-e, kraken.com and bitstamp.net haven't had any security incidents thus far, as far as I know.
I just wish the hackers out there would just stop hacking exchanges. Its no good to anyone if these exchanges keep on getting hacked. BTC won't reach above 1000$ mark if there is news on continuous loss of coins due to hacking. Its bad. Also the US government needs to ease up. With this MSB service crap. No other country has such a strict guideline like the US. Its equal to getting a liquor license here to even be considered as MSB which is totally BS. IF the US continues down a path of unnecessary regulation of the small guy. Its going to drop anchor on its own foot.
I think people get very twitchy by the MtGox stash moving again. All it takes is one dump for a lot of people to start panic selling. Then it stops just as quickly as it started.
Are there any indicators to why or is it just people dumping?
I couldn't find any negative news.
I couldn't find any negative news.
BTC is slightly bearish today (SMA50 at 623, daily chart). I hope it's just a temporary slowdown.
I just ran out of pretzels. This is bad.
better send a donation
I expect BTC to be within 640-740 range until the end of the month. I don't think we'll see a real momentum until the summer. Any thoughts?
I just ran out of pretzels. This is bad.
I expect BTC to be within 640-740 range until the end of the month. I don't think we'll see a real momentum until the summer. Any thoughts?
$2500 by years end. Much volatility through April. Summer spike.
+1
March: Rally to 700
April: 800
May: 850
June : 825
July 1st-10th, 7000-9000$ peak
August - 3,000-5,000
1st 2015 $5,000-7,400$
April: 800
May: 850
June : 825
July 1st-10th, 7000-9000$ peak
August - 3,000-5,000
1st 2015 $5,000-7,400$
Your figures look quite realistic. What's your primary technique/strategy? Elliot Waves?
March: Rally to 700
April: 800
May: 850
June : 825
July 1st-10th, 7000-9000$ peak
August - 3,000-5,000
1st 2015 $5,000-7,400$
April: 800
May: 850
June : 825
July 1st-10th, 7000-9000$ peak
August - 3,000-5,000
1st 2015 $5,000-7,400$
My crystal ball tells me prices will hit the following in the months to come:
$680 April
$700 May
$720 June
$730 July
$800 August breakout
$1100 September
$1800 October
$1500 November
$1700 December
$680 April
$700 May
$720 June
$730 July
$800 August breakout
$1100 September
$1800 October
$1500 November
$1700 December
$2500 by years end. Much volatility through April. Summer spike.
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