Spekulatius

Spekulatius

Gann Fan applied from ATH at 1150 USD in December 2013. The way it works is simple: the price is supposed to stay in one sector side lined by two rays from the fan origin. Sometimes crossing over into another sector,as happened last on 2014-05-20. If we stay up and remain beyond 260 for a few days, Bitcoin will explore new hights. If we bounce, the price will sink...

Spekulatius

Blabla bla blabalabla bla bla TLDR: 2015 is gonna start good!

Spekulatius

Target: ~ 350$, up to 200$ possible. Medium term target after break out is about 2/3 of the wedge, which would be around the 1000$ mark.

Spekulatius

Just look, the latest white line is actually a pure clone of the older one, it has the same slope and matches perfectly with the latest trend. Although this "correction", if it is one, is unparalleled in length and size to any other (mini-)bubble in Bitcoins history, it may very well be the foot slope to the largest rally yet to come (in total numbers). The...

Spekulatius

So this is an update to my earlier idea: I have chosen the Log scale again because exponential bubbles are easier to observe in this type of scale. I positioned the trend lines again zooming in on the charts into 2hr intervals, except for the older bubbles, because Tradinview does not load so far back, I had to increase grain to 4hr and 6 hr charts...

Spekulatius

So this is the linear chart to part one of this series. If you havent had a look at the logarithmic chart go here and come back for comparison, I also state how I made this chart: Now have you noticed how in this chart the values of degrees are higher? The bottom trend from early January is even shallower then the steady uptrend since July this year! I guess its...

Spekulatius

So did you ever wonder whether the current rally may be a bit too steep? Well I guess now we have proof. If we compare the current uptrend against the ones of the past bubble run up from January to April, you can clearly see that this one has taken up steam much quicker and is almost as steep already as the last bubble was during its last days. What I did here is...

Spekulatius

If the house of congress passes the debt ceiling deal tonight, we may see another sell off, add to that Europe (Bitstamp) and China waking up to the results of the vote we may see another sell off like the one we saw earlier today. If so, I see the price correct back to well established levels in the 120$ range.

Spekulatius

Oh oh, how could we not see this giant WEDGE? We may be in for a thorough correction exploring the strength of that 100$ resistance once more, if this bearish wedge breakes down. This forecast is neutral, because things are not as clear cut as this pattern would make you think: 1: The SR crash recovered very rapidly (although on low volume) 2: We had a break...

Spekulatius

This is how you use this chart: 1: Click "Make it Mine" button on the right hand top corner. -Right click in the chart>Object tree>Click the "Eye" button of the top Fib retracement - Now see that the first drawback (marked with a flag) corresponds nicely with the 0.618 mark of the Fib Retracement of the first swing, the second drawback corresponds nicely...

Spekulatius

Current wave C of A to E. Watch closely if break outs occur! Support is very strong all the way from 86$, tested countless times. Downtrend is comparably weak. Keep in mind that current upwardtrend seems artificially supported by large single buy orders of a single(?) entity each time this upwardtrend tries to reverse. This means freefall IF support is broken...