For anyone wondering about who may be bidding on the SR BTC auction, a list was leaked:
http://www.coindesk.com/list-possibl...d-us-marshals/
http://www.coindesk.com/list-possibl...d-us-marshals/
Bitcoin Analysis 22 replies
Bitcoin-Family math and technical analysis 20 replies
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
DislikedBTC like every other coin is heavily manipulated and in a pump/dump scheme...Too few hold too much and dictate the price. I don't know why is everyone bothered to do technical analysis because all you have to do is see based on those orders where are walls, and trade with them...Ignored
DislikedLooking at the MACD, it could breakout up or down... looking at the pattern, up seems more likely. Bitstamp 15min {image}Ignored
Disliked{quote} Hello, Yep, PA is obeying the channel pretty well. And here comes my first NXTBTC chart Had to be pretty nifty without Tview. Their is a lack of S/R line above current PA. Based on pattern, the upside target for the current triangle is around 0.00029 For the coming month using EW, neither wave 1 nor 3 extended, on the other hand their respective sub. fifth did. So the coming target could be anywhere between 0.00024 and 0.00034. Most likely pivot and fib target is 0.0003. Similitude with LTCBTC charts from early 2013 is significant too....Ignored
Disliked{quote} hi lady_luck, You should try to put up a chart - it could very well be the first EW count for NXT!Ignored
Disliked{quote} Hello, I'm not sure I understand, do you mean to put an other chart with a more detailed subwave count, or is there a problem with my post and the chart didn't show ? edit : more detailed EW count {image}Ignored
DislikedHi KO, Thanks for the analysis. waves 1 and 4... it depends: if it's an impulse the beams are not allowed to cross, if it's a diagonal then wave 4 must come into the price territory of wave 1. A diagonal is characterized by ABCs, so wave 1 is ABC instead of 12345, wave 2 is ABC, wave 3 is ABC, etc. My own sense is that Bitcoin holders are expecting the historical rally to new highs. However, they need an event to justify it, since all of this price movement is just sentiment and speculation. So, just like when the market waited for price to hit...Ignored
Disliked{quote} Hi venzen. Yeah I get the impulses & diagonals mixed which is why I stick mainly to my system letting the trend lines decide. Trading bitcoin.. Yes due to the lousy leverage, a bit hopeless. However as a subject of interest Bitcoin holds the attention.Ignored
DislikedG'day Y'all.. Bitcoin is slowly making it's way down. There is solid support at 525. That should be the deciding level for the next phase. Up or down. I might still get to buy some cheap bitcoins. {image}Ignored
DislikedOk, maybe I confused with Venzen, nevermind ... so i will commit myself more on 525 according to you and my understanding of the state of the dollar ... Wish us Good Luck ^^Ignored