Bitcoin market trend analysis- so far the most reliable through 2-month test - page 4.

796

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Hi everybody,

In the previous post I mentioned that there was no obvious big trading following yesterday’s slump. We can see the previous several bottom features from the chart, in which all accompanying with substantially increased volume and slump. Thus, we still need to observe to decide whether 72$ is the lows in the near future. Since there is no sign of much rise or arbitrage, I had transferred the last Bitcoins worth tens of thousands dollars from MTGOX to BTTC and then sold them all this morning.

Thanks!

796

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Quote from: True___Blue on July 04, 2013, 06:25:50 AM

Fantastic thread. Quality analysis is much appreciated. I plan on following this thread closely. Thanks.

Thanks for your support.
Take care.

796

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Quote from: vokain on July 04, 2013, 05:45:11 AM

Thank you for your answer 796.

you're welcome,buddy.

796

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Quote from: vokain on July 04, 2013, 05:45:11 AM

Thank you for your answer 796.

796

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Merit: 500

Hi everybody,

Bitcoin price has continue to slump in the recent few days. From the trend chart, although it touched 72$ yesterday, there’s no obvious big trading. Thus, we can’t be so sure that 72$ is the lows in these days. We may wait and see.

According to Bitcoin trend chart, the trend should be like this : it is hard to drop in a short term; there should be a period of slow rise which may get to $85-$87; then there will be another bottom process; after that, it will go upward; and then we can predict whether it’s fall in a relay or the beginning of a new wave of rise depending on the long and short strength. We can check the market trend and always remember: sell short if it is supposed to rise but doesn’t; buy long if it is supposed to go down but doesn't do so.

Thanks!

True___Blue

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Fantastic thread. Quality analysis is much appreciated. I plan on following this thread closely. Thanks.

vokain

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Thank you for your answer 796.

796

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Activity: 532

Merit: 500

Quote from: vokain on July 04, 2013, 02:11:02 AM

Quote from: 796 on July 04, 2013, 01:48:59 AM

Quote from: vokain on July 04, 2013, 12:11:14 AM

Quote from: bystander on July 03, 2013, 11:57:49 PM

Quote from: 796 on July 03, 2013, 10:49:39 PM

Hi there,
Thanks for your attention and sorry for my awkward English.
You can buy at around $75 in batches.

Thanks, looks like $75 has held up so far, might join in on the wall later today.

always consider the possibility this could be manipulation for you to set up bids for their selloff. not saying it is, could be bad karma for him to take advantage of people like that so he might choose not to, but always consider the worst. 796 saying he's working for his "boss" is why I'm watching out for the possibility.

Otherwise, 796, I don't mean to be offensive at all. Thank you for offering your input.

these information all comes from Zhurong's blog who is one of the CEO of 796 Exchange(the boss).
he is willing to share his views.
and i'm in charge of putting his forecast here.
thanks.

why would he employ you to share his views? If the forecast turns out to be right, good public relations for his exchange? Of what benefit does he have getting good PR from English-speaking users on an internet forum?

hi there,
796 Exchange was established about 1 month ago and I'm one of the employees.
it was the first Bitcoin futures exchange in China.
so far we have attracted many investors.
at first, Mr. Zhu just released his view in our official QQ Group and those forecast fulfilled perfectly since our operation.
and then he realized he should share his view with more people.
besides, we plan to promote our exchange among foreign investors and we did it from here to let more people know about 796 Exchange.
it is just the initial plan.

have a nice day.

vokain

legendary

Activity: 1834

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Quote from: 796 on July 04, 2013, 01:48:59 AM

Quote from: vokain on July 04, 2013, 12:11:14 AM

Quote from: bystander on July 03, 2013, 11:57:49 PM

Quote from: 796 on July 03, 2013, 10:49:39 PM

Hi there,
Thanks for your attention and sorry for my awkward English.
You can buy at around $75 in batches.

Thanks, looks like $75 has held up so far, might join in on the wall later today.

always consider the possibility this could be manipulation for you to set up bids for their selloff. not saying it is, could be bad karma for him to take advantage of people like that so he might choose not to, but always consider the worst. 796 saying he's working for his "boss" is why I'm watching out for the possibility.

Otherwise, 796, I don't mean to be offensive at all. Thank you for offering your input.

these information all comes from Zhurong's blog who is one of the CEO of 796 Exchange(the boss).
he is willing to share his views.
and i'm in charge of putting his forecast here.
thanks.

why would he employ you to share his views? If the forecast turns out to be right, good public relations for his exchange? Of what benefit does he have getting good PR from English-speaking users on an internet forum?

796

hero member

Activity: 532

Merit: 500

796

hero member

Activity: 532

Merit: 500

Quote from: vokain on July 04, 2013, 12:11:14 AM

Quote from: bystander on July 03, 2013, 11:57:49 PM

Quote from: 796 on July 03, 2013, 10:49:39 PM

Hi there,
Thanks for your attention and sorry for my awkward English.
You can buy at around $75 in batches.

Thanks, looks like $75 has held up so far, might join in on the wall later today.

always consider the possibility this could be manipulation for you to set up bids for their selloff. not saying it is, could be bad karma for him to take advantage of people like that so he might choose not to, but always consider the worst. 796 saying he's working for his "boss" is why I'm watching out for the possibility.

Otherwise, 796, I don't mean to be offensive at all. Thank you for offering your input.

these information all comes from Zhurong's blog who is one of the CEO of 796 Exchange(the boss).
he is willing to share his views.
and i'm in charge of putting his forecast here.
thanks.

796

hero member

Activity: 532

Merit: 500

Quote from: vokain on July 04, 2013, 12:11:14 AM

Quote from: bystander on July 03, 2013, 11:57:49 PM

Quote from: 796 on July 03, 2013, 10:49:39 PM

Hi there,
Thanks for your attention and sorry for my awkward English.
You can buy at around $75 in batches.

Thanks, looks like $75 has held up so far, might join in on the wall later today.

always consider the possibility this could be manipulation for you to set up bids for their selloff. not saying it is, could be bad karma for him to take advantage of people like that so he might choose not to, but always consider the worst. 796 saying he's working for his "boss" is why I'm watching out for the possibility.

Otherwise, 796, I don't mean to be offensive at all. Thank you for offering your input.

these information all comes from Zhurong's blog who is one of the CEO of 796 Exchange(the boss).
he is willing to share his views.
and i'm in charge of putting his forecast here.
thanks.

796

hero member

Activity: 532

Merit: 500

Bitcoin price outlook:
Time:GMT+8

After the whole morning’s sell into correction, short strength consumes itself to some extent and gets temporary support after double dip at 75 dollars. Single short term buying at near $75 may wait to sell at around $85. As for the present low 75.12 $ still needs to be looked into before we say it is the lowest level. The breakout below $75 is preferable for buy in batches. No much risk for short term. We don’t advise to cut positions when it is below $80.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: bystander on July 03, 2013, 11:57:49 PM

Quote from: 796 on July 03, 2013, 10:49:39 PM

Hi there,
Thanks for your attention and sorry for my awkward English.
You can buy at around $75 in batches.

Thanks, looks like $75 has held up so far, might join in on the wall later today.

always consider the possibility this could be manipulation for you to set up bids for their selloff. not saying it is, could be bad karma for him to take advantage of people like that so he might choose not to, but always consider the worst. 796 saying he's working for his "boss" is why I'm watching out for the possibility.

Otherwise, 796, I don't mean to be offensive at all. Thank you for offering your input.

bystander

full member

Activity: 177

Merit: 100

Quote from: 796 on July 03, 2013, 10:49:39 PM

Hi there,
Thanks for your attention and sorry for my awkward English.
You can buy at around $75 in batches.

Thanks, looks like $75 has held up so far, might join in on the wall later today.

Logik

sr. member

Activity: 315

Merit: 255

796

hero member

Activity: 532

Merit: 500

Quote from: ft73 on July 03, 2013, 06:27:43 AM

Thank you, following closely your posts

thanks.

796

hero member

Activity: 532

Merit: 500

Quote from: BitChick on July 03, 2013, 11:56:41 AM

Interesting. Any projections beyond July?

thanks.
will update daily.
but no more yet beyond July.

796

hero member

Activity: 532

Merit: 500

Crypt_Current

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Merit: 500

Shame on everything; regret nothing.

Topic: Bitcoin market trend analysis- so far the most reliable through 2-month test - page 4. (Read 7329 times)