Welcome to the first bitcoin price forecast services. Find out more in the Subscriber section.
Information For New Subscribers:Due to the strong demand for our proven service, there is a 48h response period to reply to your subscription requests. We will respond to all of you according to the first come, first serve rule.
Thank you very much for your understanding. Latest subscriber feedback: "I just wanted to say thank you for your service.. I've appreciated all the information you've provided, and used it several times in the last month/two to increase my btc holdings. ... you're worth EVERY penny." "Dear Great Wizard, Are you in league with the devil? Given the astonishing accuracy of your insights, they leave me behind suspecting. I want to see how this saga goes on and be one more year in Wonderland! ... It's great joining your user base." May 17, 2013: Bitcoin Charts Update: Where Is The Bubble? Bitcoin Charts, Bitcoin prices
Over the past 4 weeks since bitcoin prices reached the all-time-high of 266 $, most financial media and new analysts have made big stories about the bitcoin bubble and why bitcoins are doomed and comparable to penny stocks that became completely worthless.
Let us use this as inspiration to search for the bubble and do a bitcoin bubble hunt: First, let us look at the long term chart. Given the exponential rise and the more than +100,000 % rise since the bitcoin "IPO" in summer 2010, a logarithmic chart is appropriate. This longterm chart does not look at all like a bubble. Perhaps I am blind, but where is the bubble? Second, let us look at the health of the market: The accumulation / distribution measure is also showing that the uptrend is very healthy. Hence: To all bubble bitcoin hunters: Keep hunting... and buy some bitcoins on the way before you see prices above 266 $. Live Bitcoin Chart (USD):
April 13, 2013: Bitcoin Charts Mid Term Update: What is Next?
Dear Traders, Investors, Speculators,
This is to share a new bitcoin chart and bitcoin prices technical analysis. After the predicted huge rally, it was clear that this needs to be corrected in some point. And it happened in the middle of the week with a -80% drop from 266 $ to 54 $. This sounds huge and it is a huge sell off. At the same time, BTCUSD is still up many thousands of percent from the start of trading, the "bitcoin IPO", in summer 2010. We have warned here about a imminent possibility for a sharp correction only hours before it happened. After the heavy decline, bitcoin prices rallied +239% from 54 $ to last night's high of 129 $. The question is now, what is next? There is one key level to watch short term: Bitcoin prices should not trade below 54 $ any more. If this level can be defended, there are chances that bitcoin prices can retrace more of the sell-off to higher targets: 136 (38.2% Fibonacci retracement), 161 (50%) and 186 (61.8%). And even new highs above 266 $ are possible. Specific trading ideas and short term forecasts are available in the subscriber section. For first time subscribers, there is a 0.47 BTC / month trial offer. Try it now. April 10, 2013: Bitcoin Charts Mid Term Update: Watch out!
The bitcoin charts rally remains very strong and in theory higher prices of 300$, 400$, 500 $ and even more is possible. But here is the watch out: Given the exponential rise, there is an increasing likelihood that prices could pull back significantly within the next days / weeks.
We will continue to analyze this very closely and issue very frequently updates to our subscribers. This also includes key upside and downside targets. April 8, 2013: Bitcoin Charts Mid Term Update
As we expected already many months ago when bitcoin prices were at 2-10 $, the bitcoin charts show that bitcoin prices are in a major Elliott Wave [III] up and the strength of the current rally is not really that surprising: It is a THIRD wave. Full stop.
And more recently, the bitcoin price rally has further accelerated as evident in the bitcoin chart above. Bitcoin prices have been breaking out of several parallel trend channels consecutively. First, they broke out of the yellow bitcoin price channel, then the cleared the turquoise channel. Also, the key indicators MACD and RSI are still showing no signs of weakness or divergences. Hence, the mid term trend remains UP and higher targets are ultimately possible. As always, there will be trials and tribulations along the way: short term, and often sharp corrections are part of bitcoin history. Short term forecast was bang onAt 9:37 PM Amsterdam time today on March 28, 2013, we issued a short term "DOWN" forecast for bitcoin prices. At that time, BTCUSD traded at 86.5 $. After that, bitcoin prices fell to 75 $.
Immediate subscriber response: "THANK YOU". March 26, 2013: Bitcoin Charts Short Term Update
The short term bitcoin charts indicate that bitcoin prices seem to have formed a symmetrical triangle and bitcoin prices are nearing a breakout.
Typically, bitcoin prices break out of symmetrical triangles to the upside, and we monitoring this development in the subscriber section. March 25, 2013: Bitcoin Charts Update
Here is a brief short term bitcoin charts and bitcoin prices update:
The short term downtrend is broken to the upside and there is more bitcoin price rally potential. More specific trading ideas and short term forecasts are available in the subscriber section. For first time subscribers, there is still a trial offer. Try it now.
After the big rally that we predicted (see below), Bitcoin prices have risen from 13.5 $ at the beginning of the year to 49.099 $ at the high on March 6, 2013. This was more than a whopping +300% increase.
Since then, bitcoin charts show that there were two sharp spikes down, right into channel support. All bitcoin traders and investors are now asking: What is next? Well, it can be quite simple: We either rally above the two green lines. A material break of the 48- 50 $ resistance would open up at least another +10 $ = +20% rally. On the flip side, a failure at the green down trend line (currently at 47.5 $), would most probably lead to another drop into the channel support. More specific trading ideas and short term forecasts are available in the subscriber section. For first time subscribers, there is still a trial offer. Try it now.
Before: Expectation from January 28, 2013:
Above is our projected bitcoin charts development of bitcoin prices on January 28, 2013.
After: Actual Bitcoin Chart from today, March 6, 2013:
As evident in the chart above, the parallel to the bitcoin charts development to Spring 2011 has materialized.
January 28, 2013: What Is The Next Big Bitcoin Price Move?
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Bitcoin and Financial Market NewsBig News: Webmoney Adds Bitcoins
The Dazzling History of Bitcoin (The Independent) The Significance of Bitcoin (Business Time) Bitcoins Epic Rise (NPR) Bitcoin Derivates Are a "Good Thing" Bitcoin ATMs coming soon to your city (CNN)? First House For Sale For Bitcoin Currency
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Examples Of Our Service: Powerful BitcoinBullBear Forecasts
We show a few examples of how powerful bitcoin forecasts and stock market forecasts of the BitcoinBullBear Services can be.
In case you like to become a NEW SUBSCRIBER, you can enter at a discount with a maximum trial duration of 3 months (click here). 1) The first example is a short term Bitcoin forecast:
The above bitcoin chart shows that the forecast expected a break below the red uptrend line and to reach two possible bitcoin price targets on the way down:
1) The 13 - 13.2 $ bitcoin price zone 2) Possibly also the 12.45 - 12.8 $ bitcoin prize zone. What happened in reality to bitcoin prices?
Indeed, almost immediately after the forecast was issued in the subscription service, the bitcoin price fell to 13.16 $ and reached the first bitcoin chart target.
We will see if bitcoin prices will also reach the second target or not. More in the subscriber section. 2) The second example is a mid term Bitcoin forecast: We anticipated the bitcoin price breakout out of the 5-5.5 $ resistance. We gave a short term target of 7.22 $ and a mid term target of 15 - 20 $. Both have been achieved over the past months which equals to a potential bitcoin trading profit of +44% and +308%, respectively. Bitcoin chart from May 2, 2012 
Bitcoin chart from July 2012
Then, during summer, bitcoin prices also rallied strongly into the mid term target range with the 2012 bitcoin price high of 15.4 $ - a whopping increase of +308 % from the "buy at 5.05 $ trading idea".
Bitcoin chart from August, 2012 
December 13+14, 2012: Bitcoin Charts Update
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Too Much Debt: Kyle Bass VideoBitcoin and Banks: VideoBy the way, related to the above video: I have nothing against banks. In fact, they have been needed for centuries. And I have great sympathy with bank employees who do everything possible to increase earnings for the bank to pay their salaries and shareholders, just like any other business.
However, some central banks print money they do not have in unbearable amounts which has created the huge bubble we are in. And it has to burst before we can have prospering economies again. Latest Feedback from Subscribers:September 1, 2012: I just wanted to send another thanks your way. I've been subscribed for over half a year now. The last few weeks, you've given the most actionable advice. Specifically, you gave us the ability to act on trends as they were happening, in an informed decision. It's so refreshing to be able to have taken some funds out, and now be positioned to add bitcoins to my account at a targeted buy! ... when it gets really volatile like this, I've sure appreciated your timely updates. If this most recent idea pans out, your annual subscription will have paid for itself many times over. Thanks for stepping it up as the market has gotten turbulent - it's appreciated.
More Subscriber Feedback
"I've enjoyed the quality of your reports very much. Thanks so much for your professionalism and overdelivery - whenever a notable event occurred, you were there with an update."
"thank you for your services. You are doing a wonderful job I've been enjoying my subscription. You saved me a lot of money by predicting the sell off ." "Dear S3052, first of all I'd like to thank you for the spot on update! I was able to sell at this morning's prices and buy back near today's bottom." "Dear S3052, I wanted to thank you for your recent updates. You warned me (and all other subscribers) about all recent crashes and rises that happened. At first, I thought the 10 BTC for two month were really expensive but thanks to your expertise, I easily managed to get those 10 BTC (and more) back just by trading based on your technical analysis and short term updates. Please keep up the great work! Feel free to include this in your feedback on bitcoinbullbear.com." "S3052, I will take this opportunity to tell you that I'm extremely pleased with the service you offer and opportunities you uncover that might be missed otherwise." "As you've shown a tremendous knack for predicting the downslopes I want predicted, I'd like to stay in through year end. Please give me a bitcoin address where I can deposit another 20 BTC" "... the fall of bitcoin prices from 30 to 10. You said that the short term is down and gave three targets: 20, 14, and 10. This was spot on with the turn at 10" "the recent fall from 12.6 to the 5-6 area (ca 5.75). Here, you predicted that on a break of 12.6 to the downside, we would see a fall of bitcoin prices to test the 9.5-10 area, and targets of 5-6 and 2 were possible. The 5-6 target was spot on." |
First chart: We are in a healthy accumulation phase. Whiel we see some tiring development over the past hours, the daily accumulation and price trend is confirming each other. Second chart: Over the past few days, bitcoin prices have also broken out of the 18 month old downtrend from the all-time-high. This is mid-term a very positive sign for the BITBULLS. We will provide near term and long term price targets and new trading ideas in the subscriber section. December 4, 2012: Bitcoin Charts Update
Today, we have seeen the expected Bitcoin price explosion as they are breaking out of the bitcoin chart resistance.
Bitcoin can now reach higher levels. We will provide near term and long term price targets and new trading ideas in the subscriber section. November 16, 2012: Bitcoin Charts Update
Bitcoins rallied today with strong volume and moved towards a break out of the key resistance zone as shown here so often.
We predicted this short term rally just a few hours before it happened last night in our weekly newsletter. If bitcoin prices can break out above 11.8 - 12 $, all lights would be GREEN for the BITBULLS, at least in the short term. We will cover the short term moves in our subscription service to determine whether prices will actually break out or turn down again. November 11, 2012: Bitcoin Charts Update
Bitcoins continue to be in the weekly downtrend. The bitcoin chart above shows this clearly: Bitcoin prices remain below the moving average envelopes.
October 29, 2012: Bitcoin Charts Update
The latest weekly Bitcoin charts show that Bitcoin prices broke down below the key support moving averages and are now in a DOWNTREND.
October 13, 2012: Bitcoin Charts Update
Bitcoin prices have been coiling into a very narrow range. You can see this clearly by the contracting thin yellow lines of the Bollinger Bands in the Bitcoin chart above. This indicates lower volatility of bitcoin prices
Over the past 9 months, there have been at least 6 occasions of contracting Bollinger Bands. And every time, there was a breakout at least within 72 hours. This time should be no different. We predict a breakout of the Bitcoin charts in the next 72 hours again, probably even faster: within the next 24 hours. October 6, 2012: Bitcoin Charts Update
Bitcoin prices are touching again a key trendline, now for the 4th time.
This is a key line in the sand for the short term bitcoin price development. (see Bitcoin chart above). If the line breaks, bitcoin prices may enter a more protracted correction. An immediate break above 13.09 will trigger a further accelerated rally advance. September 16, 2012: Bitcoin Charts Update
The latest Bitcoin charts show that bitcoin prices have broken out again of the parallel trendchannel. Prices were swinging through this channel a couple of times before but now it looks as if bitcoin prices have made their decision.
This breakout makes a further rally acceleration likely. September 8, 2012: Bitcoin Charts Update
The short term bitcoin charts trend is UP now, as long the red trendline holds. A break above 12.15 will likely lead to a bigger rally. Aug 31, 2012: Bitcoin Charts Update
It is now very clear that Bitcoin prices are in at least a short term downtrend. Prices were indecisive for a couple of days and finally have broken the uptrend a second time.
As long as prices remain below the key red lines, there is continued downside in the bitcoin charts. Aug 27, 2012: Bitcoin Charts Update
The SHORT TERM trend of bitcoin prices is UP, based on the rally over the past hours. The chart above is an example of the subscriber service.
Aug 24, 2012: Bitcoin Charts Update
Bitcoin prices have broken two key uptrend lines as the above bitcoin charts shows. And this means the SHORT TERM trend is DOWN now. While short term there is some potential for a bounce higher, only a rise above 12.5 $ will turn the picture to bullish again. Key indicators like the MACD and the RSI have turned down as well, making more downside probable. EDIT: A move above 10.6 $ will trigger at least a short term rally. As evident in the bitcoin charts above, we have entered times of higher volatility in bitcoin trading. *** Will bitcoin move higher and exceed the 2011 highs? or *** Will bitcoin prices decline to even below 1 $? Answers to theses question will be tackled in this week's bitcoin charts analysis updates to subscribers. Aug 20, 2012: Bitcoin Charts Update
As anticipated, the rally indeed accelerated and reached 15.4 $ two days ago.
Given the extended rally state, a sharp sell off occurred right after, carrying bitcoin prices to the trend line again. Aug 4, 2012: Bitcoin Charts Update: Acceleration?
After a 100% rise over the past 2 months, Bitcoin prices seem to break out above a parallel trendchannel, as the above Bitcoin chart shows.
If this breakout gets more traction, a further rally acceleration is possible, perhaps in a similar way as during the run up from 2 $ to 32 $ in June 2011 (see chart below): 
Aug 1, 2012: Bitcoin Charts Update: Big Rally in June and July
Bitcoin prices closed July 2012 with another whopping performance. Bitcoin is up +39.2% just in July. And this comes after a +29.3% rally in June 2012.
Jul 29, 2012: Bitcoin Charts Update: Volatility
In the above chart, we display a historical volatility picture.
This shows that despite the recent rise over the past 2 months, bitcoin price volatility is still very low compared to the history. We can also conclude that typically, volatility increases go hand in hand with higher bitcoin prices. Jul 13, 2012: Bitcoin Charts Update: What a rally!!!
Not that we are surprised. In fact, we expected this accerelation of the bitcoin rally.
Still, it is amazing to see how strong this advance is. And there is much more potential.... More in the subscriber section. Jun 16, 2012: Bitcoin Charts Update: Forecast ReviewToday, we review the forecast of the past months, starting in April 2012. It shows that Bitcoin prices can be analyzed well using the new Bitcoin Charts and Bitcoin Technical Analysis.
The attached charts below are taken from the subscriber section of our service. The first chart shows the first time when we established the W-X-Y correction proposal which included a wave Y triangle. 
The second chart from April 19, 2012 shows how nicely bitcoin prices "adhered" to the forecast: Bitcoin prices indeed formed an A-B-C-D-E triangle, and the weave E low was marked at 4.73 $, which then was the key support for the LONG positions we were taking.
The third chart below shows the expected breakout of the yellow triangle and it also shows that the 5.2 $ and 5. 48 $ area were the key trigger points. We said: "If prices break above 5.2 $ and then 5.48 $, an upward explosion of bitcoin prices will happen".
The fourth bitcoin chart below shows how well the forecast worked: Bitcoin prices broke the resistance of 5.2 $ and 5.48 $ in an explosive manner.
The fifth and last Bitcoin chart below shows the explosion over the past days which was fully expected. Many people doubted our forecast for many weeks and were very pessimistic, stating the bitcoinica hack issues and others as reasons why bitcoin prices should fall, not rise.
In our humble opinion, this bitcoin chart analysis shows well that sticking to charts analysis works well. We will update new bitcoin price targets and provide short term analyses to paying subscribers timely over the next days and weeks. 
This is to provide a brief bitcoin charts update.
The latest weekly bitcoin charts show indeed that there is the expected breakout. If - as we expect - bitcoin prices are in the wave 3 of wave III up, then there is "no limit" to prices any more. The all time high of just under 32 $ might still be reached in 2012. Surprises will now most likely be on the upside. More details and short term updates in the subscriber section. Jun 5, 2012: Bitcoin Charts Update
Bitcoin prices are breaking out and rallying as predicted in our subscriber / membership forecast.
There is more upside. This is the time to look back to what happened in a similar situation in Spring 2011 (see chart from 2011 above). After the breakout, prices quickly rose by about 10x. This was a "buying panic" as people first wanted to wait for a correction to buy bitcoins, but this correction never came (at least short term). Those pople had then to buy back in quickly at much higher prices to avoid missing the train.. we will see how the current bitcoin price rise plays out, but it is quite possible to see something similar again. Jun 1, 2012: Bitcoin Charts Update
Bitcoin prices indeed broke out to the upside as predicted.
While there may be some kind of consolidation of this breakout short term, mid term this opens up the chances for a retest and break of the January 2012 high of 7.22 $. The bitcoin chart above shows that there is not much resistance left on the way up. Detailed short term forecasts, cycle analysis and support and resistances are available in the subscriber section. May 26, 2012: Bitcoin Charts Update
We are seeing record low volatilities in bitcoin trading. Most often, this has led in the past to strong bitcoin price rallies as volatility is increasing.
Perhaps also this time? Or will we see the first exception? More detailed analysis and up-to-date trading ideas in the subscriber section:Click here May 11, 2012: Bitcoin Charts Update
Bitcoin prices confirmed the false breakout. Hence, the short term trend has been down as evident in the above displayed bitcoin charts. Multiple trend lines have been broken and there is multiple and very strong overhead resistance.
1. Further downside of bitcoin prices is likely, if the last red trend line will be broken (currently at 4.87 $). 2. On the other hand, a move above 5.2 $ will turn the bitcoin charts short term bullish again. This means that currently, we are in a NEUTRAL zone between 4.91 $ and 5.2 $. More detailed and frequent updates can be accessible in the subscriber section. April 29, 2012: Bitcoin Charts Update
Bitcoin prices stalled and turned down over the past days. This could jeopardize the breakout scenario, at least short term. The bitcoin charts above show that we could be seeing a false breakout of bitcoin prices.
If this is a false breakout, there is much more downside of bitcoin prices. A key trigger point will be 4.73 $ (see chart below). A break below could lead to a short term sharp sell off. Mid term, there remain good chances for a further advance, but the short term risk could delay this advance for weeks. Only a rise above 5.48 $ will immediately change the bitcoin chart picture to bullish again. 
April 27, 2012: Bitcoin Charts Update
The weekly RSI is about to cross upwards which would be a bullish signal.
Bitcoin prices remain to be poised for a possible larger rally. The support levels outlined in the newsletter from yesterday must hold to keep this bitcoin forecast on track. April 24, 2012: Bitcoin Charts Update
Nice retest of the former breakout at 5 $. If bitcoin prices move higher from there, there is very big upside. More detailed forecasts in Thursdays newsletter.
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Before we get into the depth of the matter and Bitcoin Charts, let's recap what bitcoin is in the below video.
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Bitcoin Charts: A technical analysis methodology that works
Using bitcoin charts, we have a proven track record since September 2010 in predicting bitcoin prices.
Like using chart analysis in commonly known financial markets (i.e. Gold, Silver, Stocks, Currencies, etc.), the bitcoin charts tell a convincing story about future bitcoin price directions.
There are people questioning the value of bitcoin chart analysis, probably in the same way as people question chart and technical analysis for other financial markets. And this is exactly what triggered us to start analyzing the bitcoin charts as early as September 2010.
At the time, we started a thread on the bitcoin forum (link: https://bitcointalk.org/index.php?topic=1493.0).
This has quickly become on of the top and most visited bitcoin threads in the well known bitcoin forum. The bitcoin charts we have published there have been followed by many bitcoin traders and speculators.
We have proven to time the bitcoin market very well, using technical and bitcoin chart analysis. Why are we doing this bitcoin charts analysis: Apart from making this a viable bitcoin business, our purpose is to help people interested in bitcoins investing and trading bitcoins wisely. This is of utmost importance because of one crucial reason: Bitcoin was developed by hackers, geeks, youngsters and programmers, initially as a proof of concept for the notion of the viability of a cryptocurrency. While this has served Bitcoin well from a technical point, many of these people have suddenly become bitcoin traders, bitcoin investors or bitcoin speculators. But, here is the big BUT: Most of them have not been trained on financial markets and trading. This is why we want to help those people making good bitcoin investment decisions.
And we could prove quite well to date that (1) Using bitcoin charts is a viable tool for bitcoin price forecasts and bitcoin market direction, (2) coupled with the right money management, this can help people conquering this still very low-volume and notably still risky bitcoin market quite well.
The quotes from our subscribers support that our service is very well appreciated (see above).
Like using chart analysis in commonly known financial markets (i.e. Gold, Silver, Stocks, Currencies, etc.), the bitcoin charts tell a convincing story about future bitcoin price directions.
There are people questioning the value of bitcoin chart analysis, probably in the same way as people question chart and technical analysis for other financial markets. And this is exactly what triggered us to start analyzing the bitcoin charts as early as September 2010.
At the time, we started a thread on the bitcoin forum (link: https://bitcointalk.org/index.php?topic=1493.0).
This has quickly become on of the top and most visited bitcoin threads in the well known bitcoin forum. The bitcoin charts we have published there have been followed by many bitcoin traders and speculators.
We have proven to time the bitcoin market very well, using technical and bitcoin chart analysis. Why are we doing this bitcoin charts analysis: Apart from making this a viable bitcoin business, our purpose is to help people interested in bitcoins investing and trading bitcoins wisely. This is of utmost importance because of one crucial reason: Bitcoin was developed by hackers, geeks, youngsters and programmers, initially as a proof of concept for the notion of the viability of a cryptocurrency. While this has served Bitcoin well from a technical point, many of these people have suddenly become bitcoin traders, bitcoin investors or bitcoin speculators. But, here is the big BUT: Most of them have not been trained on financial markets and trading. This is why we want to help those people making good bitcoin investment decisions.
And we could prove quite well to date that (1) Using bitcoin charts is a viable tool for bitcoin price forecasts and bitcoin market direction, (2) coupled with the right money management, this can help people conquering this still very low-volume and notably still risky bitcoin market quite well.
The quotes from our subscribers support that our service is very well appreciated (see above).
