BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
2554 15 25
In the next few days the price will be between 1245 - 1251
But Soon... We will see sharply fall.
What is the market analysis
as to now there is no sharp fall, but there are some ambiguous signs.
good one: it seems to be adam and eve bottom pattern during the past three months shown as

bad ones: volume's still small, and the price beaches the long term support today.
Say NO to sharp fall
+4 Reply
Been expecting for some time the same sharp fall you anticipate due in the next week or so. But have found the degree of this current interim rise unexpected. Your chart ascribes this to a pattern, but does this analysis follow any recognized methodology or logic. Or if it is your own system has it worked for you before and could you say more about why you think it does? Thanks for your interesting analysis.
It is quite interesting analysis, but I have a question; what is your main reason for crash to 130, except for some chart trend?
+1 Reply
Good job, Keep analysis of bitcoin.
+2 Reply
LOL you updated the chart.

now its not going to drop to $160 as your previous chart showed.

these charts are lame
ZarNegar Slithereen.Guard
I have not changed. And still believe that is down to 130.
+2 Reply
How did you come up with this assumption if you don't mind me asking. From your graph what I see if that the price hit a trend line (resistant point) at May 1, 2015 which makes me think that it will go down to 215 in the next few days where it will hit what it appears to be hit support line. That it is just a thought but I would love to hear your theory.
ZarNegar shockdav
The next few days will increase. And can go up to 260
But the end of this channel is deadlock.
So we are waiting for fall. And I am sure that soon will fall below 130
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