Topic: Bitcoin Forecast - page 3. (Read 7076 times)
Dear bitcoiners, if you have any comments or just want to share your thoughts on the BTC future value, you're warmly welcome to post them in this thread. That would be much appreciated!
March 3rd - full-fledged trading day of a new month. Although bearish signs are quite strong these days and new lows at 400s (and lower) are still possible, we may see a bounce-off tomorrow at 483 (Fibonacci Retracement) and subsequent takeoff to 600+ (within 1-3 days).
Today's BTC trading volume is only 75.6756!!! Beware of the deep fall!! Current market is still challenging the 550 area...
Hello there!
Although Mt. Gox went offline yesterday and the current market looks quite sustainable now (back to 550s area) we may again expect a breach below the 500 level this Monday, March 3rd (my short-term expectation)
Although Mt. Gox went offline yesterday and the current market looks quite sustainable now (back to 550s area) we may again expect a breach below the 500 level this Monday, March 3rd (my short-term expectation)
I might just start my own forecast site and start advertising my prophetical skills!
if you have any...
I'm also pessimistic on the short term.
Once gox will stop with their services, all media will cover this story (a lot of them still think mgox is the only btc exchange).
This will create panic and a significant price drop.
Once gox will stop with their services, all media will cover this story (a lot of them still think mgox is the only btc exchange).
This will create panic and a significant price drop.
I might just start my own forecast site and start advertising my prophetical skills!
Most likely the February 27th price at 626.00 will not be reached since the trajectory's changed a lot today.
A huge drop to 430.00 today (testing lows) and an ongoing rally back up to 520.00 may form a new trend on the current BTC market (either upwards or downwards). By the way, Mt.Gox's standing still these hours.
Hello there!
After a sharp rally on Saturday 22th we came back to regular $590-$550 range. The bearish sentiment is still prevailing and new lows can be viewed in a L/T basis (1-1.5 months). However, we may witness a potential breakout in 3 days (based on TJ's Ellipse of EW analysis) and reach 626.00 on February 27th.
After a sharp rally on Saturday 22th we came back to regular $590-$550 range. The bearish sentiment is still prevailing and new lows can be viewed in a L/T basis (1-1.5 months). However, we may witness a potential breakout in 3 days (based on TJ's Ellipse of EW analysis) and reach 626.00 on February 27th.
Short term: $1200 by July 2014
Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I think we're at 1 million before 2020.Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I don't think so.
90% of all bitcoin holders would already sell if they were offered 100K for 1 BTC.
I'm pro HODL but 100K for 1BTC would mean that I can live a comfortable life and do what I want without having to work.
Walking away with millions might seem weak but who cares
Waiting for 2040 means you will be 26 years older and assuming your atleast 18 you would be in or after your midlife crisis (44 years at least). Yeah buy a porsche and do a comb-over ....
100K is the point at which I would cash out some to live the life I dreamt of. I will HODL some for the 1000K+
Short term: $1200 by July 2014
Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I think we're at 1 million before 2020.Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I don't think so.
90% of all bitcoin holders would already sell if they were offered 100K for 1 BTC.
Right, like an investor getting a 1000% ROI won't sell
An unexpected rally is currently running on the whole BTC market. We'll see what may come afterwards
Short term: $1200 by July 2014
Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I think we're at 1 million before 2020.Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I don't think so.
90% of all bitcoin holders would already sell if they were offered 100K for 1 BTC.
Short term: $1200 by July 2014
Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I think we're at 1 million before 2020.Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I don't think so.
90% of all bitcoin holders would already sell if they were offered 100K for 1 BTC.
I'm also pessimistic on the short term.
Once gox will stop with their services, all media will cover this story (a lot of them still think mgox is the only btc exchange).
This will create panic and a significant price drop.
Once gox will stop with their services, all media will cover this story (a lot of them still think mgox is the only btc exchange).
This will create panic and a significant price drop.
It may also trigger an opposite effect (my subjective viewpoint). Mt.Gox is loosing grounds and lots of bitcoiners aware of their end. The may artificially be keeping the exchange afloat to pull all their funds out. Once they're down - a huge cashflow will be distributed to the other exchangers. It's quite a long process I think (a few months) and again that's my personal viewpoint. What I am seeing right now is the market challenging supports to breach them afterwards.
Short term: $1200 by July 2014
Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I think we're at 1 million before 2020. Medium term: $10,000 by April 2015
Medium-long term: $500,000 by 2020
Long term: $1,000,000 by 2040
I'm also pessimistic on the short term.
Once gox will stop with their services, all media will cover this story (a lot of them still think mgox is the only btc exchange).
This will create panic and a significant price drop.
Once gox will stop with their services, all media will cover this story (a lot of them still think mgox is the only btc exchange).
This will create panic and a significant price drop.
Real life is always more dramatic than what you can think of.
look what happend in the past two weeks, and who knows what will happen later?
look what happend in the past two weeks, and who knows what will happen later?
The thing is that I am doing technical analysis on the BTC market and see that trend is still on negative territory (since January 27th) and may be taking further steps down (as EW shows).
Real life is always more dramatic than what you can think of.
look what happend in the past two weeks, and who knows what will happen later?
look what happend in the past two weeks, and who knows what will happen later?
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