Short Term Bitcoin Forecast Update
This is to update on our bitcoin forecast from yesterday: Yesterday, we stated: “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.”
Bitcoin Chart from January 31, 2015
Bitcoin Chart from February 1, 2015
And below we can see what happened. In fact, just a few hours later, bitcoin prices dropped like a stone: From, 232 $ down to 210 $. We show the bitcoincharts chart to better be able to compare with the 1h chart from bitcoinwisdom yesterday. We see how constricted the Bollinger bands were and how much bitcoin prices widened it over the past hours - as we expected.
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Have a great BITday!
@S3052
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