Cameron Winklevoss: Bitcoin Might Hit... url not the most reputable source of prediction or analysis, but worth a read.

Bitcoin technical analysis

image image image well if Bitcoin doesn't suit you or it's play-play in your opinion you should not get involved in it, or be involved with those who apply themselves to it - the result could only be lots of arguing which is not good for your or ...

Bitcoin technical analysis

I also thought to say that but I had to welcome the man first!

Bitcoin technical analysis

well well, KCV and welcome! Hope you're well and glad to know you see the bigger cryptocurrency picture. Some people here mine (and your choice of Litecoin is good since Bitcoin will soon only be mined via super computing) and all of us trade. I ...

Bitcoin technical analysis

thanks chonchy, i didn't see that angle and you answered it good: Invest what you can afford to lose - this is a highly speculative instrument in an uncertain time of it's evolution. At the same time, don't let anybody scare us or pull wool over our ...

Bitcoin technical analysis

hi lady_luck and welcome! I like your chart. I've been wondering where the channel lines for the advance may lie and seeing your rising TL to the left of all the PA really jumped off the chart for me. I'm finding the current PA (last 10 days or so) ...

Bitcoin technical analysis

hi Lukki, Thanks for pointing that out and putting a chart and some tangible figues to your point. Yes, the nominal max will therefore be achieved around 2030 and for all practical purposes the bulk will have been mined. However, should the Bitcoin ...

Bitcoin technical analysis

hi aristotel, Good point! What i find funny about the "volatile-so-no-good" argument Bitcoin's detractors all come up, is that they fail to see that Bitcoin exemplifies what happens to a currency when you decouple it from the monetary base and ...

Bitcoin technical analysis

Golden Bitcoin Award image This week goes to Matthew O'Brien writing for that ol' tip-o-the-hat Business Insider - Not for quality of analysis but for quality of laughter! I swear, you cannot make this stuff up. This is one of the worst articles ...

Bitcoin technical analysis

hao, I'm not sure what you mean by "maximum limit". If you are asking me what the upper limit is where I would buy Bitcoin - my answer is "it depends". Depends on what the price chart is saying at the time. Right now, and for the next week or two, I ...

Bitcoin technical analysis

hi hao, Welcome and thanks for your post - nevermind your English - I understand everything you say! Yes, Bitcoin has a history of more than 5 years and it will be with us for many more, hopefully. It depends on people and circumstances which we ...

Bitcoin technical analysis

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Bitcoin technical analysis

hi em, some abbreviations used a lot on FF: M5 = 5 minute chart, H1 = 1 hour, D1, etc TF = timeframe PA = price action RR = Risk/Reward MM = Money Management - hope that helps - if you don't ask you won't know Yes, as you say: 1-2 i-ii ...

Bitcoin technical analysis

hi zusch, careful to buy now - except if your analysis gives you strong buy signals - however IMO there is plenty of downside to come: The hype is on but there is a lot of uncertainty being sown about "mania", "bubble" and "regulation" so some new ...

Bitcoin technical analysis

great EW analysis! that 3rd wave is just setting in as i write and the sell orders are piling up below with not a buy order in sight until above 890! PA at 884 now and there is plenty of RSI space to the downside at M5 and larger TFs. As you also ...

Bitcoin technical analysis

good call, emptymind!

Bitcoin technical analysis

Nah, i'm not going to lie to you - the count you put on this chart is invalid! LOL You need to zoom out more and see the bigger picture - M5 and M15 is good - like in the last chart you posted. good to see you starting to count - you're on the ...

Bitcoin technical analysis

chonchcy, refer back to your chart in this post. This is what an impulse looks like: from the bottom (which is 0) wave 1 up is strong and definite wave 2 retraces wave 1 deeply - if it's 62% that's a confirmation wave 3 is the longest wave and it is ...

Bitcoin technical analysis

MGS, Interesting remark about the negativity in many threads - I guess it's what Prechter would refer to as a "downturn in social mood" If you visit here long enough you'll notice a lot of negativity toward Bitcoin - i mean some friends swing by ...

Bitcoin technical analysis

hi MelnGraySuit, long time! how are you? OK so you found the BTC-e MT4 ticker - note that it's slightly different from the MtGox price chart - MTGox is the biggest exchange and it doesn't offer short selling, so that is a buy-and-hold market. Here ...

Bitcoin technical analysis