thanks for update KiwiOz. I'm still bullish but the current wave down may well be the decline you forecast.

Bitcoin technical analysis

the angle of this uptrend is quite steep - i guess that means it has high momentum and we can expect it to run far without significant correction? image

Bitcoin technical analysis

hi chochy, yes, just a links dump to show the general news... i see now that there is large bank approval in the news: Head of Russia's Largest Bank Backs Bitcoin, Again Speaking at the World Economic Forum in Davos, Sberbank CEO German Gref voiced ...

Bitcoin technical analysis

hi lady_luck, great price action today! Good Sunday to you too. I'm out to fetch a water delivery, will be back later after about 2 hours to assess what's going on.

Bitcoin technical analysis

MtGox just hit above 1000 and the first few Google news links from the last 45mins reflect the mood: url More and more retailers accept Bitcoin - News - Bubblews 36 mins ago - Category: News. According to you , burgers , weddings and Beatles ...

Bitcoin technical analysis

log scale can also give you "Holy Crap!" moments like this: image

Bitcoin technical analysis

Logarithmic scale switching to log scale really puts the BTC chart in a different perspective. MtGox weekly image

Bitcoin technical analysis

Nothing to move the earth or anything, but 4 Bitcoin "upgrades" coming this year: url

Bitcoin technical analysis

According to the comparison chart posted before, we're about to climb above 800 (BTC-e) and then consolidate around there before moving on to 850 for a PA vs Fib fightnight.

Bitcoin technical analysis

console output during mining process showing a block hash being solved, payout and a new block being created: image

Bitcoin technical analysis

Comparison of mid-Dec reversal with yesterday's PA I keep searching for confirmation that I'm seeing right - that trend has reversed. Here is a comparison between the reversal from the Dec low and yesterday's apparent reversal. Dec PA is at the ...

Bitcoin technical analysis

Thanks for explaining some more about Dogecoin. I have some DGC in a Coins-e wallet/account and think it's a fun twist on the Bitcoin theme - like you say - easy, n00b-friendly and just real enough to still have some objective value. I was joking ...

Bitcoin technical analysis

some lines and boxes show S&R. Not shown on the chart is a major Fib overlap at 850 of 0.76 of the entire wave to ATH; 0.76 of the Dec advance; and 0.5 of the initial wave down in beginning Jan. It corresponds with the top of the smaller rectangle ...

Bitcoin technical analysis

6 Bitcoin customers confirmed for Virgin Galactic space flight url it has not yet been confirmed that they're FBI or US Marshall's Office employees... Either they're miners from the early days or they're traders who caught that November wave just ...

Bitcoin technical analysis

Bow Wow Wow!! smartypants, are you mining the Doge? If so, what's the hashrate and daily takings with this coin? And exchanges - what are the ways to get BTC, USD etc for DGC ? I'm asking because I'm about to unleash DayCoin and NightCoin - as an ...

Bitcoin technical analysis

It does all work together in case of lower lows - and also if we are at the start of an advance - although PA is quite slow right now, I've turned my sights upward. Glad the hedging via LTC worked out for you! I cut my hedge at 800 and was watching ...

Bitcoin technical analysis

hi LL, i saw your comment after posting... well, i think it's feasible that PA go lower but in the end unlikely - because of the last chart I posted. After looking at the way corrections always pull back to the previous fourth wave, it's apparent ...

Bitcoin technical analysis

correction closer up: Two paths for PA - up or down from here - but looking at the stochastics at the top, they have been oversold for a while and are now indicating divergence (blue dots). The green path seems more likely - especially with the ...

Bitcoin technical analysis

Corrections consistently return to the level of the previous 4th wave (of one degree smaller) image

Bitcoin technical analysis

do you mean the beginning of Oct or the end? i see similarities both sides... do you think the decline is over or another wave or two down? i was surprised that PA went so far below 800 - it messed up my proposition that this was a triangle ...

Bitcoin technical analysis