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Bitcoin longterm 2016 forecastI think if we look at higher lows since october 2015 we can clearly see slow and steady rise in bitcoins value. Market is very calm those days but overall prediction is long. I think at January 2016 we can expect price 480-500 according to this steady appreciation. If you are interested in buying bitcoin, you can do it for sure on bitstamp.net or at eToro ( trade-test.com ) as they have introducet bitcoin trading lately and have very good conditions for it. If you are smaller investor, it is even cheaper to trade at eToro than using Bitstamp.net. Bitstamp is only cheaper if you have already some volume discounts.. if you have standard 0.25% commission account, then trust me, eToro is cheaper. I have switched to this platform personally because of BTC trading. Tell me what do you think about bitcoin prediction for 2016, do you have same opinion on it?
BITFINEX:BTCUSDLong
by Tradingisparty
2
Possibly the least risky & most profitable trade of the yearLTC is currently heavily oversold. It is at the bottom of the multi year linear trendline at the moment and history has shown that it moves in concert with BTC when it pumps. Buying at this level and setting stops below the linear trendline makes alot of sense, Conservative buyers should wait for price to rise above 0.009 which was previously support from november to december 2015 and may prove to be resistance in future. The bottom of this trendline is a tried and tested buy area. Whilst there are some new coins on the block which promise far better features than LTC (ahem Ethereum) Litecoin is still massively popular in China as a purely speculative asset. Whilst its unlikely to surpass all time highs due to other coins eating into its market cap it is highly likely to move up in relation to BTC during a big Bitcoin pump.
LLong
by Solarian
7
BTC: In case my last bear analysis doesn't be Zooming in my last weekly chart to day-timeframe it is possible a triangle formation to complete the "b" wave. If we are into a bull trend since january then this correction should break down to continue a bullish rally thereafter. BUT if we were still into the bear market it would be very possible to see the price below 1500cny. Anyway in both cases it seems we could touch 1500cny, even 1350cny to make double bottom ;) In the other hand the RSI has a primary bear div in day-timeframe. Thanks for your reading ;) By the way my last analysis is not yet invalidated.
B
by Ingemkts
11
MIKE HEARN WETS THE BED. BEST OPPORTUNITY FOR BUYINGBitcoin is a failed project. 15%+ Downturn in BTC doesn't mean Bitcoin has failed. Does anyone remember 2011 or 2014? Bitcoin still works. Bitcoin is still evolving and Bitcoin is still facing difficult challenges. But If you've lost faith that. You lack a brain. no matter the currency exchange, I can still use BTC! Unlike a broken stock (You have to hope the stock recovers) BTC will always be around and the amazing dev team at Bitcoin core and solve the ever going problems. Lets not forget we have the Halving this year and Segregated Witness about to go through. So many opportunities for BTC to excel on a currency exchange side. Now places to buy and hold. $300-$380 We are still targeting our targets of $500-$650 $400 was a huge support and the next is $300
BITSTAMP:BTCUSDLong
by ctombm
1
LTCUSD: Weekly uptrend in placeLitecoin has a very interesting signal in the weekly chart. After faking a move to the downside and margin calling everyone and their mother down, it's highly likely that we see a strong uptrend emerge from this zone. You can see my reccomended entries on chart. As many know, I'm running a trading group, sharing signals for Bitcoin and Litecoin traders, mostly focusing on the futures over at okcoin.com, but also covering Bitfinex, Bitstamp, BTC-E and okcoin.cn spot trades. (mostly long term) I'm running the group with my associate, a great intraday trader from China. We cover the Bitcoin and Litecoin markets 24/7/365 and have great accuracy and performance in our signals, as well as live screen sharing of intraday trading sessions. We've recently shared a monthly entry to go long BTCCNY at 2310, which is paying off spectacularly so far. Feel free to message if interested in the group, and remember to risk between 1 and 5% per trade. This signal right here has great potential, so don't hesitate on taking it! Good luck, Ivan Labrie.
LLong
by IvanLabrie
42
BTCUSD/BTCCNY: Intermediate term trend signalThis chart presents trend signals for 8 Bitcoin exchanges, using the daily chart. If price were to move to the entries on chart before the daily close, it'll be a very high probability trade, considering the recent failure to move up, more than once, and the increased volume present on the profile distribution. Good luck if taking any of these trades, and remember to check out my private group information. See my twitter page for more info on how to join: ivan_labrie (first tweet). Cheers, Ivan Labrie P.S.: The long term outlook won't change unless price moves under 1548 in Okcoin, keep that in mind, so I will be going long in a separate account as well. I'll update the chart after the daily close.
BShort
by IvanLabrie
1