An "extremely" simplistic chart about pre-bubble/2016 BTCI couldn't find an easier and more simple way to chart than this.
2016
AUDUSD 4hr Chart Start of 2016 A simple look into the next moves that could be coming for the AUDUSD pair. The holidays are keeping the fundamental aspects away so I dont expect to see much movement until after the New Year Celebrations. Then we could be looking at a downwards move towards .72000 and perhaps even further towards .7100.
rough outlook for 2016follow the violet arrows which indicate the trend. the purple and red arrows are corrections or short term trends. the end 2016 price level is just a guess which may also be 800 or 4000. A target prize level far below that is unlikely due to the reasons below ..
as before it is clear that the market cap is a result of the global Bitcoin activity or number of users and transactions. Speculation follows and emphasizes the trend.
for 2016 I expect two events:
(1.) the blocksize debate will solve itself under the pressure of rising tx numbers. That will create a lot of trust into Bitcoin and leads to increasing adoption
(2.) the blockhalving event will incentivize growing miner activity until 06/15. That automatically leads to higher prizes because it becomes obvious how limited the supply of Bitcoin is.
EUR USD Forecast 2015-2016 UpdateThis analysis shows just an simple overview and direction of the EURUSD for this year (2015)
The chart will be updated, by time.
Bitcoin price in "despair" stage of bubble (BTC chart 2015-2016)The downtrend is not over. I expect a drop down to the last lows to form a real bottom before we can return to the mean. For more detail please look at my zoomed in version of this chart:
