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Top Mentioned Symbols
MTGOX:BTCUSD 71% | 5 BTCCNY 14% | 1 BITSTAMP:BTCUSD 14% | 1
TradingBits TradingBits BTCUSD, D, Short , 2 years ago
BTCUSD: Looking at 455 dollars as target
74 1 0
BTCUSD, D Short
Looking at 455 dollars as target

A good position to take a long appears to be in the price range of 420-465 dollars. There is proven high support in this area. Assuming the trend on the high lows hold, then 455 dollars will be the ideal buy in point.

TradingBits TradingBits BTCCNY, D, Long , 2 years ago
BTCCNY: A double bottom is required to renew market confidence.
165 0 2
BTCCNY, D Long
A double bottom is required to renew market confidence.

After a long bear market, the Bitcoin phenomenon requires a double bottom to renew price confidence. While the market is late for their yearly speculator bubble. New confidence in a higher, $550 dollar bottom would show yearly gains in the xxx% range and allow for further speculator growth Additionally, with the US market index held afloat by QE that is unable to ...

TradingBits TradingBits BTCUSD, 5, Short , 3 years ago
BTCUSD: Faboose challenge.
270 2 0
BTCUSD, 5 Short
Faboose challenge.

Based on short term arc and volume support exponential drop.

TradingBits TradingBits BTCUSD, 5, Short , 3 years ago
BTCUSD: Bubble collapse continued.
121 1 1
BTCUSD, 5 Short
Bubble collapse continued.

I've extended the curves from my previous chart. Support broken and tested with a failed test.

TradingBits TradingBits BTCUSD, 5, 3 years ago
BTCUSD: Squeeze in progress
273 7 3
BTCUSD, 5
Squeeze in progress

If price breaks below blue line, the bubble will collapse more. If not, this was a mere correction. 9:30 until completion of this arc.

TradingBits TradingBits BTCUSD, 30, Short , 3 years ago
BTCUSD: Bubble curve analysis update
459 5 4
BTCUSD, 30 Short
Bubble curve analysis update

It looks like nice divergence from the main bubble curve. Plotting support. Note: Weekend low volume. It's either panic sell or panic buy on Monday.

TradingBits TradingBits BTCUSD, 30, Long , 3 years ago
BTCUSD: Bubble analysis.
513 7 9
BTCUSD, 30 Long
Bubble analysis.

Model built assuming bubbles follow a basic parabolic shape due to increased buying excitement.

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