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Topic: If a double ramp happens, we could see $8 tomorrow. (Read 2032 times)

hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
Houston, Go or No Go for launch?

The Dude says no go.
legendary
Activity: 1652
Merit: 1128
Houston, Go or No Go for launch?
hero member
Activity: 530
Merit: 500
But then there is that nobody-has-bought-enough-Bitcoin-lately-to-make-that-happen problem...

And besides that, what ramp? There was a single large purchase.

looks like we are stickin' it to each other at ever increasing prices Smiley

win-win situation at it's finest
legendary
Activity: 1692
Merit: 1018
We won't be seeing $8 till everyone gets their tax returns.

That's true for some places (particularly the USA), but tax returns arrive at all times of the year depending on where a person lives.  I got mine in October.

en.wikipedia.org/wiki/Fiscal_year
hero member
Activity: 699
Merit: 500
Your Minion
We won't be seeing $8 till everyone gets their tax returns.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
This statement is an observation of what could happen.  I am not predicting $8, but I'm saying that it's possible.

The norm in Bitcoin rallies recently has been double ramps, followed by coasting up to the next resistance level.

Intraday rallies in Bitcoin history:
$3.2 -> $3.7, stagnate at $3.5, up to $4, coast to $4.5 past light ask resistance.
$4.2 -> $4.6, stagnate at $4.5, up to $5, coast to $5.5 past light ask resistance.
$4.9 -> $5.3, stagnate at $5.2, up to $6, coast to $7 past light ask resistance.

Next up?
$5.5 -> $6.2, stagnate at $6, up to high $6 range after another big buy, coast to $7.2, then up to $8 after going past $7.2.

Such a large move has happened before.  It is possible.


But what if we get a quadruple ramp?  Shocked

To infinity and beyond!  Smiley
legendary
Activity: 2198
Merit: 1311
This statement is an observation of what could happen.  I am not predicting $8, but I'm saying that it's possible.

The norm in Bitcoin rallies recently has been double ramps, followed by coasting up to the next resistance level.

Intraday rallies in Bitcoin history:
$3.2 -> $3.7, stagnate at $3.5, up to $4, coast to $4.5 past light ask resistance.
$4.2 -> $4.6, stagnate at $4.5, up to $5, coast to $5.5 past light ask resistance.
$4.9 -> $5.3, stagnate at $5.2, up to $6, coast to $7 past light ask resistance.

Next up?
$5.5 -> $6.2, stagnate at $6, up to high $6 range after another big buy, coast to $7.2, then up to $8 after going past $7.2.

Such a large move has happened before.  It is possible.


But what if we get a quadruple ramp?  Shocked
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
6.03
5.85
6.30
6.80
6.65

The famous JRO 5-price prediction is back!  Last time, he predicted an entire two weeks of prices, perfectly.  Smiley

Like fuck, hes right 1 outta 10 times..

His "predictions" are on bitcoinbullbear..

legendary
Activity: 1692
Merit: 1018
The sudden surge to $6.20 helped me trade out of some losing positions for a mild profit.  I quite liked this morning's sudden buying binge.

The one thing we do know about bitcoin is that it's impossible to predict (without insider knowledge) when a huge dump or price rise is coming.  People like to claim they knew, after the fact.
legendary
Activity: 1764
Merit: 1002
highly plausible.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
6.03
5.85
6.30
6.80
6.65

The famous JRO 5-price prediction is back!  Last time, he predicted an entire two weeks of prices, perfectly.  Smiley
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
will do 7.19

10 for $70 PLUS free shipping
donator
Activity: 392
Merit: 252
6.03
5.85
6.30
6.80
6.65
hero member
Activity: 518
Merit: 500
will do 7.19
hero member
Activity: 518
Merit: 500
Quick - I'll sell you some at 7.20 so you can make a killing at 8.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
This statement is an observation of what could happen.  I am not predicting $8, but I'm saying that it's possible.

The norm in Bitcoin rallies recently has been double ramps, followed by coasting up to the next resistance level.

Intraday rallies in Bitcoin history:
$3.2 -> $3.7, stagnate at $3.5, up to $4, coast to $4.5 past light ask resistance.
$4.2 -> $4.6, stagnate at $4.5, up to $5, coast to $5.5 past light ask resistance.
$4.9 -> $5.3, stagnate at $5.2, up to $6, coast to $7 past light ask resistance.

Next up?
$5.5 -> $6.2, stagnate at $6, up to high $6 range after another big buy, coast to $7.2, then up to $8 after going past $7.2.

Such a large move has happened before.  It is possible.
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