Bitcoin Forecast January 31, 2015: Breakout or -Down In The Next Hours

Short Term Bitcoin Forecast Alert

We are at the end of our FREE WEEK. Over the past week, we have been issuing frequent free forecasts for various cryptocurrencies: The bitcoin forecast, monero forecast, litecoin forecast, ripple forecast, stellar forecast and Nxt forecast.

Today, we provide a little snapshot of our typical premium coverage. In the very short term timeframe, the one hour chart, we can clearly see the Bollinger Bands shrinking to extreme lows.

Combined with our latest bitcoin forecast that we issued yesterday to premium members, we can now say with 65% confidence: We will see a bitcoin price breakout or breakdown in the next hours.

Most probably, we will see at least a 10 $ move up or down.

We will update members on this very short term development as of next week.

Bitcoin Forecast 1h Chart

 

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Have a great BITday!

@S3052

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Disclaimer: Please always do your own due diligence, and consult your financial advisor.  Author owns and trades bitcoins and other financial markets mentioned in this communication.  We never provide actual trading recommendations. Trading remains at your own risk.  Never invest unless you can afford to lose your entire investment.  Please read our full terms of service and disclaimer at terms-conditions-disclaimer/.

David BastBitcoin Forecast January 31, 2015: Breakout or -Down In The Next Hours