Bitcoin Forecast February 1, 2015: BreakDown Happened

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 …

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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 …

Bitcoin Forecast Review: It Was A Ride!

How The Bitcoin Forecast Was Nailed in 2013 It is Saturday and cold outside. I have been sitting on the couch for a while. Then, I started to look through some of the bitcoin forecast history.  Then, I stumbled over the volatile 2013 period. Finally, I decided to share some of this history with you. You will see in the following an interesting string of charts. This shows that technical analysis can avoid the confusing emotions during big rallies and declines. (Apologies for the various different chart layouts. But at that time, bitcoin charting was quite tedious. Often, charts had to …

Bear Markets are Difficult, Especially for Bitcoin

Originally published in the BullBear Analytics Weekly Report released on 1/28/2014.  Partial excerpt only. Written by @AKWAnalytics. As much as many readers will be displeased to hear that there is still substanial near term risk to the downside, take solace in the notion that there appears to be a light at the end of the tunnel, just now barely peeking through the darkness. Patience. Bear markets are tough, especially ones that are not subject to the whims of central bankers, yet are subject to the full range of human emotions and our good ole friend ‘supply and demand’. A commodity market …

Ripple Price Forecast Update January 29, 2015

What Happened To The Ripple Price Since January 28? We update the Ripple forecast from yesterday: Short Term Ripple Price Forecast (XRP/BTC) Yesterday, we stated: “… we will see a short term rally, particularly if ripple prices can mount a breakout above the red trend line.”. And indeed, this happened as we forecasted. See the chart below. Summary Forecast Short Term: UP as long as holding above 0.000057 BTC ( target 0.000072 BTC). Bearish below 0.000056 BTC (downside target 0.000025 BTC).   Have a great Crypto-Trading Day! @S3052 — Do you want to learn more about Cryptocurrency Forecasts, Our Premium In-Depth Weekly Report, Daily Updates, and real-time Price Alerts? Please …

Ripple Price: Is The Forecast Bullish or Bearish?

Ripple Price: What Is Next For The World’s Number 2 Cryptocurrency? The ripple price is currently $ 0.015442 in US Dollar based on Poloniex. Ripple is the world’s number 2 cryptocurrency based on market capitalization. It has overtaken Litecoin in 2014. With $ 478,369,633, it is about 1/7 the size of bitcoin and 6.5 times larger than Litecoin. 1. Long Term Ripple Price Forecast (XRP/BTC)  As illustrated in our previous ripple price forecast, ripple prices kept going down as expected over the past week. This happened because we have shown that the ripple price was stuck in a downward channel. Looking at …

Cryptocurrency Trading: NEW Coverage of NXT

Written by S3052. Cryptocurrency Trading: NEW and First Coverage of NXT As part of our “free cryptocurrency trading week”, we start covering the cryptocurrency trading forecast for NXT. NXT has a market capitalization of 12.53 $ million and is trading at 0.012530 $ at poloniex. In bitcoins, this amounts to 0.00005051 BTC per NXT coin. NXT Forecast (NXT/BTC) Long Term NXT is in a persistent downtrend. Trend DOWN. Bullish only above 0.00007 (target 1: 0.00009, target 2: 0.001445 = the previous all-time high).   Short Term Since there was a panic sell-off this morning with huge trading volume, there is some room to the upside short term. NXT …

Cryptocurrency Forecast: Ripple, Stellar and Monero: UPDATE

Written by S3052. Cryptocurrency Forecast: Snapshot Coverage of Ripple, Stellar and Monero As part of our “free cryptocurrency week”, we update the altcoin forecasts of Ripple, Stellar and Monero. 1. Ripple Forecast (XRP/BTC) Ripple Forecast materialized as we predicted yesterday: Ripple prices declined as part of the downward channel. It reached our downside target of 0.000060 and fell even further. It is now trading around 0.00005338 /BTC. Trend Remains DOWN. Bullish only above 0.000076 (target 0.0000865).     2. Stellar Forecast (STR/BTC) Stellar Forecast also “followed” our prediction very well.  Stellar prices declined and reached our target of 0.0000180 and declined even further to 0.00001532. Trend Remains DOWN.  Bullish only above 0.0000222 …

Cryptocurrency Forecast: Ripple, Stellar and Monero

Written by S3052. Cryptocurrency Forecast: Snapshot Coverage of Ripple, Stellar and Monero We have recently covered the litecoin forecast in this blog. In this “free week”, we now extend coverage to other altcoins. Today, we issue snapshot cryptocurrency forecasts as an exception also for non-subscribers. Those snapshot forecast will display only charts with a few comments on support and resistances here. Detailed explanations, mid and long term forecasts and cryptocurrency trading education will only be available in our premium section. Prices are based on Poloniex. 1. Ripple Forecast (XRP/BTC) Down as long as trading in red channel. Breakout zones: Bullish above 0.000076 (target 0.0000865). Bearish below 0.000065 …

Litecoin Forecast: A Li(gh)tening BULL BREAKOUT!

Written by S3052. Litecoin Forecast: Prices Rally In A Bullish Breakout In this blog, we regularly update cryptocurrency traders and investors, for example on the litecoin forecast and other cryptocurrency forecasts. In this “free week”, we cover some altcoin forecasts as an exception also for non-subscribers. However, our proprietary bitcoin forecasts remain only available to our premium members. What Happened To The Litecoin Forecast From This Morning? As an example of our 24/7 coverage that premium membersget in the Bitcoin BullBear, Active Pro and Expert Pro Services, our analysts are AT THE MARKET all the time. This is even more true when …