Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 139.

pjwaffle

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Quote from: S3052 on April 22, 2011, 12:51:47 PM

And again I have reset the market sentiment poll.

Up?
Same as now?
Down?
I don't know?

click on the poll above

Please VOTE

I voted up, I see another ascending triangle on a 5 min chart. Target: 1.35 at least.

S3052

legendary

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And again I have reset the market sentiment poll.

Up?
Same as now?
Down?
I don't know?

click on the poll above

Please VOTE

pjwaffle

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BIB Exchange

I see resistance at 1.3!

LZ

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P2P Cryptocurrency

nster

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hmmm interesting. I thought that it would now stabilize and keep at around 1.10~1.20 for a good amount of time before rising again

S3052

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1

S3052

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1

da2ce7

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Live and Let Live

Quote from: nster on April 20, 2011, 12:50:43 AM

and correction is part of our "opinions" he listed. My point is that the question that he is asking is kinda useless.... logically, noone will disagree, and if they do, it dosn't matter as their opinion is probably worth nothing

common guys, you know how to summarise quotes better than that!

nster

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Quote from: pjwaffle on April 19, 2011, 07:44:29 PM

Quote from: nster on April 19, 2011, 07:35:22 PM

Quote from: pjwaffle on April 19, 2011, 07:07:31 PM

Quote from: nster on April 19, 2011, 06:45:36 PM

Quote from: pjwaffle on April 19, 2011, 06:41:24 PM

Quote from: marcus_of_augustus on April 19, 2011, 05:46:16 PM

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

Because that is not a major opinion I've noticed.

What I am saying is that the only way to really disagree is to say that it will go down fast. Our "opinions" basically cover the most likely situations, and what is left is very unlikely

What is your target?

I think it's very likely we will correct in some fashion. Here's why:

1. Momentum/rate of change is slowing
2. Volume is lowering.

and correction is part of our "opinions" he listed. My point is that the question that he is asking is kinda useless.... logically, noone will disagree, and if they do, it dosn't matter as their opinion is probably worth nothing

pjwaffle

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Quote from: nster on April 19, 2011, 07:35:22 PM

Quote from: pjwaffle on April 19, 2011, 07:07:31 PM

Quote from: nster on April 19, 2011, 06:45:36 PM

Quote from: pjwaffle on April 19, 2011, 06:41:24 PM

Quote from: marcus_of_augustus on April 19, 2011, 05:46:16 PM

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

Because that is not a major opinion I've noticed.

What I am saying is that the only way to really disagree is to say that it will go down fast. Our "opinions" basically cover the most likely situations, and what is left is very unlikely

What is your target?

I think it's very likely we will correct in some fashion. Here's why:

1. Momentum/rate of change is slowing
2. Volume is lowering.

nster

full member

Activity: 126

Merit: 100

Quote from: pjwaffle on April 19, 2011, 07:07:31 PM

Quote from: nster on April 19, 2011, 06:45:36 PM

Quote from: pjwaffle on April 19, 2011, 06:41:24 PM

Quote from: marcus_of_augustus on April 19, 2011, 05:46:16 PM

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

Because that is not a major opinion I've noticed.

What I am saying is that the only way to really disagree is to say that it will go down fast. Our "opinions" basically cover the most likely situations, and what is left is very unlikely

pjwaffle

full member

Activity: 539

Merit: 100

BIB Exchange

Quote from: nster on April 19, 2011, 06:45:36 PM

Quote from: pjwaffle on April 19, 2011, 06:41:24 PM

Quote from: marcus_of_augustus on April 19, 2011, 05:46:16 PM

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

Because that is not a major opinion I've noticed.

nster

full member

Activity: 126

Merit: 100

Quote from: pjwaffle on April 19, 2011, 06:41:24 PM

Quote from: marcus_of_augustus on April 19, 2011, 05:46:16 PM

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

The only thing that is not include in the options you mentioned is a strong downfall, and it is kinda obvious thats not happening

pjwaffle

full member

Activity: 539

Merit: 100

BIB Exchange

Quote from: marcus_of_augustus on April 19, 2011, 05:46:16 PM

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

From what I've seen on this thread, and from the conclusions I've come to, either it will continue up, or correct/retrace and kind of sideways move for awile and then continue up. Out of curiousity, does anyone disagree?

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.

Put simply, " ...cattle still in the ring ....".

bitcoinBull

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rippleFanatic

Quote from: ?? on ??

Quote

BTC/USD continue to rally strongly, with rising volumes. After breaking through the 1.10 $ previous all time high, prices may consolidate sideways over the next days before continuing the rally.

I agree.

My wild guess: decreasing volume indicates the current rally is running out of steam. Prices will consolidate sideways and may correct to somewhere in the $0.90 - $1.10 range, as new buyers recharge their MtGox accounts and wait for the dip.

Steadier, stronger volumes during this parity-busting rally, compared to the first, suggest that the follow-up correction will be smaller and shorter lived. The rally which follows, from the $1.00 range, will surge into record territory.

S3052

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1

Frodo

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In Mt Gox rapid appreciation since today 18 april, 3:30. Game of speculators?

slush

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I think this is relevant to the topic: Mtgox->Sierrachart bridge for real time Bitcoin charts and market analysis.

marcus_of_augustus

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Eadem mutata resurgo

Monday morning missile ... this thing got legs.

Has ploughed through a wall of stale old sells all weekend and still the bid volume is perking up .... reality re-adjustment imminent imho.

Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 139. (Read 540250 times)