YORK's price prediction topic. - page 13.

york780

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Activity: 392

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Quote from: ft73 on April 24, 2017, 05:05:14 AM

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

I smell some SegWit related news here Cheesy

A LTC pump wont trigger a BTC dump.

LTC is just a BTC dummy version.

If they ruin it with a SegWit implementation nobody really cares.
There is a reason why they TEST it on LTC first, not because LTC has some magic community or miners.
Its because LTC is a backup plan, a dummy (test) version, like some labrat.

A trading veteran knows what he should do in the next upcoming months.

BLEEP BLEEP BLEEP watch out!
Here comes the LTC PUMPER DUMPER!

ft73

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Activity: 564

Merit: 508

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

york780

sr. member

Activity: 392

Merit: 250

Quote from: ft73 on April 24, 2017, 04:48:17 AM

Quote from: york780 on April 24, 2017, 04:20:31 AM

Quote from: ft73 on April 24, 2017, 04:08:41 AM

News will probably play an important role in the next price movement.

This said, i'd expect some huge price action coming within 48 - 72 hrs.
Can't say direction for sure, i'd say down 60%, up 40%.

If it goes down watch for 1150$ level, then 1085$ (BitStamp).
The latter should hold, short term.

Flashcrash bottom about 920$, worst case.

Why is that?

Only news that happened today is the crash of BU, Tether problems with Taiwan banks and the decreasing cold wallet of Bitfinex.

Not enough to go to 1150$.

I expect a big downmove once we move to the 1350-1400 USD area.

maybe a triangle squeezing on bearish divergence and low volume may raise some concerns ...

True, and that triangle is moving to the 1350-1400 USD range to collapse afterwards.

I just bought some more BTC because I am sure that we reach our goal.
Lets buy the top he said, it will be fun he said.

Its the first time ever I bought some 4-digits BTC ^^, better get used to it lol

york780

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Activity: 392

Merit: 250

This is why I said that BU was 'buggy'

Seems that BU is not a serious option for now.

ft73

hero member

Activity: 564

Merit: 508

Quote from: york780 on April 24, 2017, 04:20:31 AM

Quote from: ft73 on April 24, 2017, 04:08:41 AM

News will probably play an important role in the next price movement.

This said, i'd expect some huge price action coming within 48 - 72 hrs.
Can't say direction for sure, i'd say down 60%, up 40%.

If it goes down watch for 1150$ level, then 1085$ (BitStamp).
The latter should hold, short term.

Flashcrash bottom about 920$, worst case.

Why is that?

Only news that happened today is the crash of BU, Tether problems with Taiwan banks and the decreasing cold wallet of Bitfinex.

Not enough to go to 1150$.

I expect a big downmove once we move to the 1350-1400 USD area.

maybe a triangle squeezing on bearish divergence and low volume may raise some concerns ...

york780

sr. member

Activity: 392

Merit: 250

RESISTANCE EXPLAINED

BTC has some strugles with continuing its growth.

Its likely that this is related to the correlation of the graphs that I posted yesterday.

Lets scale already Roll Eyes

york780

sr. member

Activity: 392

Merit: 250

Quote from: 1Referee on April 24, 2017, 04:23:11 AM

Quote from: york780 on April 23, 2017, 02:25:47 PM

Bitfinex coldwallet keeps decreasing

Who will be Bitfinex'ed ?

LINK: https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r

More goes out than comes in. I consider that to be a good thing as it basically means that people are moving away from that exchange. The more people that move away, the less harm this exchange will eventually cause when it goes down. I just hope that Bitfinex won't bully people by halting BTC withdrawals as well. It's a possible scenario as the longer it takes before their operation goes back to how it was before this, the more coins they will see move out. That would be an ultimate F.Y. to all the traders that kept believing in them. Cheesy

Indeed.
Seems that people want to be GOX'ed twice.

1Referee

legendary

Activity: 2170

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Quote from: york780 on April 23, 2017, 02:25:47 PM

Bitfinex coldwallet keeps decreasing

Who will be Bitfinex'ed ?

LINK: https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r

More goes out than comes in. I consider that to be a good thing as it basically means that people are moving away from that exchange. The more people that move away, the less harm this exchange will eventually cause when it goes down. I just hope that Bitfinex won't bully people by halting BTC withdrawals as well. It's a possible scenario as the longer it takes before their operation goes back to how it was before this, the more coins they will see move out. That would be an ultimate F.Y. to all the traders that kept believing in them. Cheesy

york780

sr. member

Activity: 392

Merit: 250

Quote from: ft73 on April 24, 2017, 04:08:41 AM

News will probably play an important role in the next price movement.

This said, i'd expect some huge price action coming within 48 - 72 hrs.
Can't say direction for sure, i'd say down 60%, up 40%.

If it goes down watch for 1150$ level, then 1085$ (BitStamp).
The latter should hold, short term.

Flashcrash bottom about 920$, worst case.

Why is that?

Only news that happened today is the crash of BU, Tether problems with Taiwan banks and the decreasing cold wallet of Bitfinex.

Not enough to go to 1150$.

I expect a big downmove once we move to the 1350-1400 USD area.

Dakustaking76

sr. member

Activity: 579

Merit: 267

Hm

I think were still in the resistance lvl, i think the price should go down upcoming weekend again.
If we Dont go up this coming days. Then i expect a drop..
50-€100

ft73

hero member

Activity: 564

Merit: 508

News will probably play an important role in the next price movement.

This said, i'd expect some huge price action coming within 48 - 72 hrs.
Can't say direction for sure, i'd say down 60%, up 40%.

If it goes down watch for 1150$ level, then 1085$ (BitStamp).
The latter should hold, short term.

Flashcrash bottom about 920$, worst case.

york780

sr. member

Activity: 392

Merit: 250

Quote from: Dakustaking76 on April 23, 2017, 03:49:36 PM

So the price Will go down you say?

If i understand about what your telling me

No.
At least not now.
Keep holding!

We are going to dump at the top, not in this trap

Otherwise I cant buy a second lambo.

Dakustaking76

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Activity: 579

Merit: 267

So the price Will go down you say?

If i understand about what your telling me

york780

sr. member

Activity: 392

Merit: 250

You guys know the law of the 3 dead cat bounces ?

If we will make 1 more drop like we saw now its likely that support wont hold and that we will move to lower prices.

- 70 USD if more dead cat bounces occur.

Anyway I dont even think about shorting rightnow.

york780

sr. member

Activity: 392

Merit: 250

Well like I said yesterday it seems that the market knows that we are topping.

Fully depends whats your entry is of course.

My entry was at 700 USD so I have nothing to worry about, my fiat is safe.
I hold.

When there is doubt : HOLD

I keep holding.
Bear traps wont get me.
Expect more turbulence soon guys.

Dakustaking76

sr. member

Activity: 579

Merit: 267

York York the price is going down??

Sell now ore holdddd stil

york780

sr. member

Activity: 392

Merit: 250

Bitfinex coldwallet keeps decreasing

Who will be Bitfinex'ed ?

LINK: https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r

york780

sr. member

Activity: 392

Merit: 250

Quote from: Dakustaking76 on April 23, 2017, 12:57:29 PM

Why is bitfinex close to the ath trading Huh

Because people cant withdraw fiat so they have to buy BTC to get out of Bitfinex.

Dakustaking76

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Merit: 267

Why is bitfinex close to the ath trading Huh

Dakustaking76

sr. member

Activity: 579

Merit: 267

Ok ty for the input

But the mining block Will Be halving also And the coins are getting less to mime iT
How can bu bring the price down Thats what i Dont understand, many countries are also accepting btc
And iT Will be more And more

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