Bitcoin technical analysis

I like the way you say that - and it's true: we're so much into Bitcoin we cannot get more into it without maybe spontaneously combusting!

I still know, in my water, that we're going to see a spectacular parabolic wave curving up to 2,800 at some time. When? I'm not sure but this cannot be the post-adoption plateaux or the height of mainstream participation yet. That phase will coincide with a 3rd wave or extended 5th. My bias is toward the extended 5th if I interpret BTC's wave cycles correctly.

Goodnight LL, I'm getting some sleep. Tomorrow I want to knock out an article or two in between watching the charts and talking to family.

If you care for it, here's a live track I've been listening to all evening - from Miles Davis's "In a Silent Way" (1968)

Btc-E mt4 charts. Yes it did go through the black line... Note now 5 waves completed. Time to short again.......Target 785..which should prove to be a speed bump on the way to 750.

Very nice area to scalp a few pips up and down.......nice charts KO......how do you make the boxes?, is an indi? thanks in advance

Very nice, I love Miles....love all jazz.......

guys and gals I need some help here, white or grey?

https://scontent-a-mia.xx.fbcdn.net/...69439543_n.jpg


https://scontent-b-mia.xx.fbcdn.net/...11995088_n.jpg

Cheers chonchy. Boxes are "rectangles" Just drawing lines etc on mt4..

.......Guys and gals, a good friend of mine will come and trade with us here, and learn with us, her name is Makedah Boyce........

My Tulips all grown up.......

https://fbcdn-sphotos-f-a.akamaihd.n...19988660_n.jpg

I can't do them but is ok, I like your charts, nice...

....I see this thing going back up but I don't have any more lots, lol, I'm all in, lol......

.......It is being a really nice range in deed to trade side ways for a few........

..........KiwiOz, I still remember what you said the other day about fibo's, notice how many times the retrace hit the fibo's to the pip....amazing...ah...

Based on that we just hit the 50% of the last rally a while back and now we are hovering bet wing the 38 and the 23 now

.........Good support at 802 and good resistance at 819 now.......the spike to 823 is significant dough....

...Come on 819, here we come 819 again, falling on my head like a memory...........

....very nice post from a friend of mine, thought you may like it, if not, erase it please venzen, but please tell if he is rite or not, is game over.......he is the author of "for pips sake"

It’s often the little pictures that reveal the view of the panoramic. My last Sunday in China was a good example of such. Ambling on foot around some distressed street that I did not know, could never hope to be able to pronounce, and which was not shown on the suggested walking routes imprinted upon the map that I had received from my good man at the hotel’s concierge desk, I stumbled across an old lady. She appeared to be 70 years-old, but given her apparent state of survival, could well have been only 50. Maybe less. Regardless, she was, in my opinion, of an age that has missed out on the Chinese policy of state education for all, and as such, was bent over a small table whilst desoldering components from a huge pile of electronic boards. Her hands were black, her hair all over the place, and her clothing, at my best description, more tattered and yellow than her rotting teeth. I know her teeth were this condition because she smiled as I mosied on by the plume of poverty that surrounded her. Once back in the much-appreciated comfort of corporation-provided five star, I then began to read of the bank-buddy bandit from Brussels – José Manuel Barroso – declaring, from Greece, of all places, that the crisis in Europe is over. I nearly choked on my cappuccino. A reaction not missed by those members of staff that, present in the top floor VIP lounge, waited dutifully to attend to every whim of the yáng guǐzi… that’s foreign devil. Members of staff that were all female, subservient to the point of annoying, and all of whom had porcelain-coloured features that I am convinced are a result of them being locked in darkness when not on duty - their complexions would suggest that they are not allowed to venture outside of the hotel, and thus allow their angelic faces to be tainted by the defiling smog, let alone any sunlight that might happen to break through and give the population a much-needed infusion of Vitamin D. Recomposed with a few smiles from these seraphic faces that, I assume, were disguising their wrath at receiving only a dollar a day to be in deferential waiting to the barbarian from Britain, I returned my attention back to Barroso. Wanting to shout out to him that I think that the problems within Europe have just begun, I remembered the comportment expected of me whilst within such opulent surroundings. As such, I subtly requested, by way of a discreet index finger, that a fresh cappuccino be enjoyed - courtesy of the bill that many who may be reading this little ditty, will have helped my corporation to pay for - before taking a further perusal of my complimentary newspapers. I then began to muse over how with still six months to go, some 10 million Chinese students, all of them 18 years in age, were preparing to take their study books back home with them for the Chinese New Year. A dedication to aspiration that I quickly linked to the old lady being wasted out in the street, as she ran a little business of scrap metal collection, and also electronic component reclamation for sale to backstreet gadget manufacturers. It’s good to know that things are being recycled… You see, behind her, and in what could be best explained as a garage, but which was also obviously her home, sat a young girl, working industriously over some books. A sight that I am familiar with. Just like how I am acquainted with the importance of education in China, and also of the growing millions within this nation that take the Gaokao – entrance exam for Chinese University. I am also aware of how even the poorest of people have the desire to support their family’s futures. And rightly bloody so. And which made me think that perhaps the smile that was so freely given to me, was an acknowledgement that even though the old lady’s situation seemed cripplingly dire, her hopes and dreams for her family were not. Which may be more than can be said for parents within Europe. Sure, many may be fooled by the proclamation that unemployment levels are stabilising, even falling, within Europe, but the quality of this assertion is contaminated by the fact that the rules and metrics for measuring misery for the masses are changing. More so for the young, as this demographic are increasingly being denied the opportunity to be registered as surplus to requirement, nor be eligible for inclusion within government recognition of their plight. As for receiving unemployment status, and subsequent assistance, it seems to be getting harder for them, and which may further explain the falling unemployment figures... the exodus of the willing and able, from Europe, as they seek recognition elsewhere, also a factor for contribution in the good news printed from the political pulpit. Where the young of Europe are heading to, it is difficult to say, as they are discovering that not only are they competing against fellow Europeans that have been sold the idea of a certain standard of living that they cannot afford to purchase, but that they are also competing against the 10 million annual graduates from China. Most of whom are prepared, or simply have no choice other, than to live in squalid factory dormitories, and survive on a bowl of rice a day and two hours of ‘social’ recharge via Weibo. And this must be a scary thought for many elsewhere, as the red army of academia represent a workforce that is prepared to toil for far less, and far longer, than the cleaner in the traditional West who holds in one hand, a PhD in chemistry, and in the other, a mop and bucket to clean up their broken energy. Indeed, so strong is the onslaught from China to surrender its youth to rapacious global corporatism, that these foot soldiers of the brave new world have little to no time for ‘real’ social interaction, as they spend almost every waking moment studying to pass the Gaokao. And if that seems like poor dedication to some, consider that there are still others, as was reported recently, who attend a classroom in China that provides energy-boosting amino acids to their students – available via intravenous drips that are hung from the ceiling! It is with this thought in mind that I scoff at the false prescriptions given by the administrators of Europe; a fractured false promise for so many, and one that, rotting beneath its surface, is unable to contain the evolution transpiring within the East.

help him span his career buy buying one book, he is one of the good ones.....trust me....

http://www.amazon.co.uk/s/ref=ntt_at...=relevancerank

this thing is furious now.......

Yeah. I just ran the Fib' extensions over past DeMark target lines & found the 5th wave or main target lined up in all cases with the 161.8 FE.
wave 3 coincides with the 100 FE.........
Haven't used FEs in the past as never sure where to pin them, but by pinning them to the Demark line I get spot on results. Not that it matters. Just interesting to note as I have always thought there had to be mathematical equations to the DeMark lines.

yep.......

......governments, I wish I have one, so I can do what ever I want, lol........
Prosecutors last week asked a judge to grant them a default judgment in the civil forfeiture case they filed after the raid on Silk Road and Ulbricht's arrest claiming Silk Road's assets. U.S. District Judge J. Paul Oetken signed an order to that effect on Wednesday, giving the government control of the 29,655 Bitcoins from Silk Road's server but not of the bitcoins - the larger sum - discovered on Ulbricht's computer. Those are still in dispute.


http://www.reuters.com/article/2014/...0KR1QW20140118

The proceeds from any sale would be turned over to an asset forfeiture fund from which the U.S. Justice Department can draw for law enforcement activities. If any money were to come back to prosecutors' budgets, it would be distributed evenly among U.S. attorneys' offices, a policy meant to prevent individual offices from unduly seizing assets to pad their budgets.

chonchy, you're way more experienced than me in masonry and decoration, so I make my suggestion based on my personal preference only: Go for white - under that yellow electric light it will look "cleaner" and brighter than grey. With no natural light (that I can see) the grey will look gloomy but the white will create more reflection. Ehh... am I making sense?