This is my last post on my afbitcoins blog. Its been a fun rollercoaster ride since my blog began but I think its just about ran its course and I so I now leave the arena. It can be difficult at times posting your trading opinions in a public website. However in the last year […]
With bitcoin failing to retest the midline of the fork, and down 6% as I write (edit 7%) (edit 8%), I decided to take a look how this is fitting in with my bullish fork on bitcoin log chart. So heres the chart as bitcoin continues to fall .. As you can see we fell […]
A long time ago I wrote a post Fight!!!! Silver versus bitcoins. It was way back when 1 ounce of fine silver had recently been overtaken in value by 1 bitcoin. At the time bitcoin had stormed past silver’s all time high aswell. Heres a chart from that old post for the sake of nostalgia; […]
In my previous post I speculated that we were due a correction which turned out in fact did happen, with price now down to about $416 as I write. However I don’t get the opportunity to be too smug about this as my prediction had the run ending at about $450 where the horizontal resistance […]
I have a sneaky feeling bitcoin’s current rise is too much too soon and will soon correct. I could be wrong so trade with caution. But this might be near top of this move. Anyway heres my prediction. Setting aside the 4 hour charts and the bull fork for a while. My larger picture is […]
Bitcoin’s Creator Satoshi Nakamoto Is Probably (edit: maybe) This Unknown Australian Genius (Craig Steven Wright) http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/ The fact that the police have raided his home is nothing to do with it though, oh no, definately not. Not looking for private keys left lying around at all. No sir. So far bitcoin price remains bullish, maybe […]
Normally I pay most attention to longer timescales but this fork on the 4 hour chart has me interested at the moment. Looks like bitcoin is failing to get above resistance might take a dip down towards the area marked with a circle. However overall trend still looks bullish.