popped up in my BTC news finder just now: url US Says Bitcoin Miners and Investors are not Money Transmitters ... 38 mins ago - 'US Says Bitcoin Miners and Investors are not Money Transmitters' on Yahoo News UK. The US Financial Crimes Enforcement ...

Bitcoin technical analysis

thanks for saying KiwiOz. If i could nail targets with the simple ease of your charts - THEN i'd consider myself clued up!

Bitcoin technical analysis

It may take long but it may also happen in a couple of weeks (once advance starts). Why I prefer the "sudden advance" scenario over "ranging meanderings" is because of a) the chart history and b) the speed of adoption - a year ago only very few ...

Bitcoin technical analysis

KO, Similar to your first chart I also have a target at 840 and in case of another stint down, near 776. We might see both in the coming days. As for your H4 and Daily chart, that downside target around 700 at the LTL is feasible - although i ...

Bitcoin technical analysis

hi KiwiOz, I'm studying your charts now... here's a snapshot of current PA on M1 - it seems to have an advancing push to it: image

Bitcoin technical analysis

let's see what fundamentals will be created by price! snapshot, next to Twitter logo, to the lower right of your chart: image

Bitcoin technical analysis

Sure, i've also seen this pattern many times before (and mostly in Gold) This last leg being a contracting triangle it can (in my interpretation of EW) only be a B or D wave (since A, C and E make diagonals which cannot contract horizontally - only ...

Bitcoin technical analysis

I feel for Argentinians in this - and it's not the first time. Besides I have to figure out how this is going to affect me in Asia where the currencies devalue quickly and average people have been loaded with cheap credit by the banks for about a ...

Bitcoin technical analysis

BTCCNY (BTC China) I know i keep going on about this, but am i seeing right? Look at the pattern circled lower left and look at the larger pattern since the Nov high... and vol is spiking in a impossibly narrow contracting triangle. H1 image ...

Bitcoin technical analysis

apologies for the crowded BTC-e chart, but Gox (blue line) has not yet made a satisfactory low for what looks like a triangle... edit: on second thoughts, it doesn't need to make a LL in the current wave E since it could be a contracting triangle ...

Bitcoin technical analysis

Morning lady_luck, I read your post after replying to emptymind, so you already stated the analysis that prefers an uptrend in progress. The thrust with which BTC moved away from the HL today is significant. I have seen Gold move fast and far like ...

Bitcoin technical analysis

good idea, lady_luck also gave the tip to compare the CNY as well Gox and others - sometimes one exchange shows a clearer wave structure than the others. Seems BTCe and Gox have different counts happening since beginning January as it is... do you ...

Bitcoin technical analysis

BTC-e target at 860? The 1.618 extension of this first wave up shows a potential near 860, but there are many obstacles on the way: psych level 800, resistance around 825-835 and Fib confluence at 850... good luck BTC! edit: oh no KiwiOz, i just saw ...

Bitcoin technical analysis

chochy, KO, EM,AO thanks for your posts - i didn't realize we've done 100 pages here! I will check the links and video once my 3G reception is better. here's some breaking news that might change the game a bit: BTC China is accepting cash deposits ...

Bitcoin technical analysis

confirmed, i see your count - ABC up to make a B wave. Then a C wave down - still to come What i meant to ask in my original post was: what are some viable alt counts? Anyway, no sweat if you don't keep an alt count...

Bitcoin technical analysis

hi emptymind, i've been online but not checking the thread due to other pressing tasks... Your count that sees a C wave to the downside is my alternate count and I have to stay alert to that possibility. However, as you remark, the log scale shows ...

Bitcoin technical analysis

whoohoo!

Bitcoin technical analysis

We're counting it differently (wave III doesn't have an extended subwave 5 in my count) and this is how I see the correction as completed to the previous 4th of one lesser degree. Of course one can count it differently so that wave 5 is extended but ...

Bitcoin technical analysis

tell me about NXT, i've been interested but the "buy-in" capital made me think it was a blatant pyramid scheme... so what's it all about, lady_luck?

Bitcoin technical analysis

the compound dates and events are really thick and fast. As Chinese New Year approaches my year of xtreme badluck is lifting like mist before the Sun - how wonderful! It kinda makes sense that women only represent 10% of BTC holders because BTC is ...

Bitcoin technical analysis