It used to be we'd get 1 or 2 positive news stories every couple days and the price would go through the roof, then a negative story would come out and the price would drop again. Lately we've been getting like 10-20 positive news stories a day and ...

Bitcoin technical analysis

That ain't no joke, I can't believe the markets aren't moving up by now with all the good news out!!

Bitcoin technical analysis

I never said you thought it was going to drop chonchy. I was quoting emptymind, and it seemed like venzen agreed with his prediction, but maybe I read it wrong. But good news, I can tell you with 99.9% accuracy that the price is going to drop like a ...

Bitcoin technical analysis

So are we all still thinking it's about to go lower again? Or are we about to go up? I've been watching these charts constantly and still haven't gotten the hang of it, not even close. But I am going to watch some more youtube videos later this week ...

Bitcoin technical analysis

I like your prediction better Venzen. $800 then back up, driving me nuts seeing it take a dive with all the positive news out this week!

Bitcoin technical analysis

Well geez, I called it wrong, no surprise here! All the good news to come out after the weekend and we're just limping along. I guess I give too much credit to good news! Watching those charts today is just depressing, LOL

Bitcoin technical analysis

Good night Venzen, thanks for your help today. And thanks to everyone else too. I'll get this figured out eventually, if nothing else I'll just hold on for the long term. It was quite funny, I started a month ago, bought, didn't trade at all, I just ...

Bitcoin technical analysis

Makes sense folks.

Bitcoin technical analysis

That brings up an interesting point I was wondering about. What about these guys who have hundreds of bitcoins? If they go to sell all their coins at once, people will see a sell off, and start selling and driving the price down. Then they can buy ...

Bitcoin technical analysis

Sell at $2000, check. Website bookmarked. I go home tomorrow for my days off and will get on there soon. Thanks!

Bitcoin technical analysis

That's very good advise. I have been putting aside here and there over the years, taking some out here for car repairs, putting more back in, etc. My savings account is sitting at $15,000 right now so I can afford to start putting my monthly savings ...

Bitcoin technical analysis

That's good news for me. I bought my 2btc right around $800, which I will try and boost from day to day making small profits on the safest bets I can find. By April 4th I will have about $5700 in my account (sitting at $1700 now), and the more I ...

Bitcoin technical analysis

Ain't that the truth!

Bitcoin technical analysis

What do you mean? And what is your predicted price by april?

Bitcoin technical analysis

Yep, that's why I sold. Because I thought the bottom was going to drop out and I could buy at a massive discount. Why did I think the bottom was dropping out.....oh, just because. LOL I then realized that I really don't know shit about trends, LMAO. ...

Bitcoin technical analysis

It's not really frustration in my voice, just confusion, When I'm "out of the game" when I accidentally buy high and I'm waiting for days for the price to come back up, I use it as a time to try and learn. I use a bitcoin fee calculator and watch ...

Bitcoin technical analysis

So what I'm getting from that is you watch the 30m, 1hr and 4hr. If if they are in sync (all 3 showing a rise) you buy and if all 3 or showing a drop you sell. But say for example the 30min is showing a rise and the 1hr and 4hr are both showing a ...

Bitcoin technical analysis

So I'm looking at BTC-e macd. At the present moment the 5min chart is showing it's gonna drop quite a bit. The 15min is showing a rise, but looks to me it's at the top of the rise because the blue and red line are moving closer to each other. The ...

Bitcoin technical analysis

I question I do have though is concerning the MACD chart. I've probably watched at least 50 youtube videos in the last month trying to learn what it's all about. I get the part about the crossover and seeing if it's trending up or down. But what ...

Bitcoin technical analysis

I also agree there is no "correct way". With all due respect to all of you that use the charts to try and predict long term, I don't see that as effective. I could be wrong on that though. From what I have seen, the price has fluctuated in a very ...

Bitcoin technical analysis