A little bit of a dip this morning moved from $294 : $286 atm on Stamp.
Last mini dump before we go over $300??
Interesting day ahead..
Topic: When Will The Uptrend End (Read 3492 times)
The uptrend will trend when the bitcoin price stabilizes at an uniminaginable high price. Until then everything is percieved as up or downs but in reality years from now it will be clear Bitcoin only appreciated yearly.
I think March will be all about figuring out whether the price can test $300 and sustainably squeeze past
I agree, with this guy.
The last 2 times we breached $300, we rapidly crashed back down (within 24 Hrs). I hope this time is different and we sustainably stay in the $350 range.
As a trader - I am being cautious at the moment to see if any concrete volume/news occurs to promote this drive. So far, nothing yet - therefore it's possible for the price to crash again like the last 2 times.
I'm not sure I would call the second price movement after the recent $300 breach as a "crash"
We shot up over $300, and retraced back down to $290 before resuming back up quickly to that mid-$290 range. It looked much different from the early January run-up to $300, and then huge retrace, although even in that instance we ended up higher than when the run-up started.
The action this past week seems just like healthy positive movement, pushing upwards, some selling and then settling in before the next movement.
As for looking for positive news, there's been plenty in the past week that has come out to suggest much higher values for BTC are likely in the future - and is probably undervalued at the moment.
Your right according to Bitfinex metrics - I was going off Stamp & e : )
There has been a decent amount of positive media the past month and resultant steady increase in price. However, I was just pointing out that I haven't heard anything that would convincingly put us in the $350-$400 zone just yet.
Longer-term, I agree with you - BTC's value could be several orders of magnitude higher
i really think we might see a decent rise this year maybe to around $500
slowly leaving negative sentiment behind and let the bulls make new highs.
500 will be reached by mid summer IMO, we might maintain it through xmas or see another huge price surge by the end of the year. slowly leaving negative sentiment behind and let the bulls make new highs.
i really think we might see a decent rise this year maybe to around $500
slowly leaving negative sentiment behind and let the bulls make new highs.
slowly leaving negative sentiment behind and let the bulls make new highs.
Yes it is possible , I personally think the rally is not over yet, there could be a breakout past $300 in the near future and then much higher prices to come.
I think March will be all about figuring out whether the price can test $300 and sustainably squeeze past
I agree, with this guy.
The last 2 times we breached $300, we rapidly crashed back down (within 24 Hrs). I hope this time is different and we sustainably stay in the $350 range.
As a trader - I am being cautious at the moment to see if any concrete volume/news occurs to promote this drive. So far, nothing yet - therefore it's possible for the price to crash again like the last 2 times.
I'm not sure I would call the second price movement after the recent $300 breach as a "crash"
We shot up over $300, and retraced back down to $290 before resuming back up quickly to that mid-$290 range. It looked much different from the early January run-up to $300, and then huge retrace, although even in that instance we ended up higher than when the run-up started.
The action this past week seems just like healthy positive movement, pushing upwards, some selling and then settling in before the next movement.
As for looking for positive news, there's been plenty in the past week that has come out to suggest much higher values for BTC are likely in the future - and is probably undervalued at the moment.
Look at any all time logarithmic graph and you'll see how the final answer is: Never.
All so called "downtrends" will just be seen as market noise in a couple years.
All so called "downtrends" will just be seen as market noise in a couple years.
I think March will be all about figuring out whether the price can test $300 and sustainably squeeze past
I agree, with this guy.
The last 2 times we breached $300, we rapidly crashed back down (within 24 Hrs). I hope this time is different and we sustainably stay in the $350 range.
As a trader - I am being cautious at the moment to see if any concrete volume/news occurs to promote this drive. So far, nothing yet - therefore it's possible for the price to crash again like the last 2 times.
I think we'll keep having a slow uptrend until 2016. Maybe Q2 2016 will be the beginning of a new bear market.
Don't think so, as there are many events that may stimulate the movement to the upside that planned or close to Q2 of 2016: block halving, start of Gemini (most probably then) to name the most important. It will be difficult, though not impossible, to start the new bear then. 
When will it end
Well, it could end if we bounce off of $350, but I don't see that happening now. We're pretty strong and yet sustainably growing currently and good news are also coming in. Stabilizing at $450 could be a possibility in my opinion!
Well, it could end if we bounce off of $350, but I don't see that happening now. We're pretty strong and yet sustainably growing currently and good news are also coming in. Stabilizing at $450 could be a possibility in my opinion!
When will the uptrend end:
When OP stops sucking cocks and swallowing cum
what a shitty fucking forum this is.
Theymos is a confirmed fucking faggot who swallows cum from niggers on a daily basis and supports israel.
When OP stops sucking cocks and swallowing cum
what a shitty fucking forum this is.
Theymos is a confirmed fucking faggot who swallows cum from niggers on a daily basis and supports israel.
Check it:
http://www.coindesk.com/price/
Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?
When will this uptrend end?
http://www.coindesk.com/price/
Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?
When will this uptrend end?
Probably when the bubble pops, which I think will be late this year.
There's a pattern I think in this.
Check it:
http://www.coindesk.com/price/
Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?
When will this uptrend end?
http://www.coindesk.com/price/
Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?
When will this uptrend end?
Just market sentiment at present
I would presume that we hit around the 300 range then either have a breakout or just standby here while support is tested.
When people decides that they can't afford to risk their fiat buy such price.
Strange to be in a (emerging) bull market again, huh? Well, why should it end? The TA indicators have turned green, the momentum is *up*... People consider it more likely to make more money betting on a rising BTC price, than on a declining one. It's how markets work.
Nice explanation, that's exactly how it works. Those who are uncertain now, like our OP, will probably get impatient later on and buy into the trend to fuel the rising price.
It will end when the majority ends up with a lot of BTC and little fiat and new cash stops flowing in.
I think we'll keep having a slow uptrend until 2016. Maybe Q2 2016 will be the beginning of a new bear market.
Well, I hope there's a smidge of bullishness between now and then. Satoshi's flock deserve a little respite.
When we reach the moon. 
I think we'll keep having a slow uptrend until 2016. Maybe Q2 2016 will be the beginning of a new bear market.
No one knows exactly when the uptrend will end, but I think these bears will try for a scare dump to 275 like last time and then we rocketship to 320 when they only get it down to 280. Full disclosure I'm all in just waiting for the rocket 
Imagine if it went up so fast that all the bears were incinerated in the rocket flames...
It wouldn't be the first time.
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