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Welcome to Bitcoin Charts Analysis and Bitcoin TradingIn this section, we will post the most recent short term bitcoin charts, as a public update. For more in depth bitcoin charts analysis, including bitcoin forecasts, please visit the Bitcoin Analysis Subscriber section here: http://www.bitcoinbullbear.com/bitcoin-subscriptions
We thank Clark Moody for making LIVE BITCOIN CHARTS available here on bitcoinbullbear.com.
For live order books and live charts in more time frames, please visit http://bitcoin.clarkmoody.com 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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Bitcoin Trading and Economy NewsMay 26, 2012: The bitcoinica issue was foreseeable May 12, 2012: New Bitcoin CFD Platform in the Making May 12, 2012: 87,000 $ worth of bitcoins plundered from exchange May 11, 2012: Bitcoinica bitcoin exchange hacked.. again! May 7, 2012: Bitcoin Funded Debit Cards The BitcoinBullBear Index (BBBI)We appreciate your vote on future bitcoin price development. In turn, we will regularly publish Bitcoin Sentiment analyses for you for free here.
Feedback from our subscribers:
"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." 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).














































