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Topic: When Will The Uptrend End - page 2. (Read 3503 times)

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
March 10, 2015, 02:48:40 PM
#30
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.
I don't think we are in the up trend already, meaning we are not yet out of the woods. According to the chart from the thread I cited, there is still room in the north of here that would not mean breaking the down trend. Up to $350 would still fit under the descending line. Having said all that, I also agree that many technical indicators are developing very positive, e.g., positive cross in MACD. That means we are most probably in the process of the trend reversing, which usually takes some time and looks boring on the charts.   
legendary
Activity: 812
Merit: 1000
March 10, 2015, 09:34:49 AM
#29
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?

It will end in a few months when we are @ $3000 hows that for you ?
legendary
Activity: 3542
Merit: 1352
March 10, 2015, 09:27:48 AM
#28
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?
I think the cause is increased usage, coinbase being a regulated exchange and the ETF, if anything the rise has been far less than I expected.
I think the uptrend will continue up to $500 or so, it will be a slow rise though, no $100 rise days like in the last bubble.

Honestly, the market isn't that ready to see a $500 price range. Slow rise, yes, but a more realistic speculation is somewhere around $300. Maybe $500 is asking for a bit too much in the current times.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
March 10, 2015, 09:22:16 AM
#27
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.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
March 10, 2015, 09:18:36 AM
#26
Check this thread: https://bitcointalksearch.org/topic/this-is-not-it-983658
According to the analysis presented there: there is still room for the upwards move till $360, without breaking noticeably the down trend.
we should stop somewhere between here and $350 and continue sidewards.
full member
Activity: 224
Merit: 100
March 10, 2015, 08:36:27 AM
#25
The current uptrend will end only if posters stop posting crap like this one.
hero member
Activity: 686
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
March 10, 2015, 08:19:11 AM
#24
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 Smiley

Imagine if it went up so fast that all the bears were incinerated in the rocket flames... Cheesy
sr. member
Activity: 322
Merit: 252
Here I Am !!
March 10, 2015, 08:16:26 AM
#23
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 Smiley
sr. member
Activity: 406
Merit: 250
March 10, 2015, 08:13:18 AM
#22
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?
I think the cause is increased usage, coinbase being a regulated exchange and the ETF, if anything the rise has been far less than I expected.
I think the uptrend will continue up to $500 or so, it will be a slow rise though, no $100 rise days like in the last bubble.


I'm thinking Coinbase is having a lot to do with it.   The US hasn't really had anyway to purchase BTC directly with a reputable company.  Many, including myself, wouldn't even think about wiring large amounts of USD to an anonymous exchange somewhere across the pond.   Sure some did IE.. mostly the ones that got Gox'd. 
sr. member
Activity: 252
Merit: 250
March 10, 2015, 08:03:08 AM
#21
I think it will advance to around $325-$350 level before it will slowly go down again.

Can't really see it going higher than $400 level this year. Of course I hope I'm wrong, but that's what I think.



Even if that happens, I just hope we are able to stay at that amount with a strong support instead of falling. Because if a fall happens at that point, we might quickly go below 300 again, that is if we rise above to that level
legendary
Activity: 2170
Merit: 1427
March 10, 2015, 08:00:19 AM
#20
I think it will advance to around $325-$350 level before it will slowly go down again.

Can't really see it going higher than $400 level this year. Of course I hope I'm wrong, but that's what I think.

sr. member
Activity: 252
Merit: 250
March 10, 2015, 07:37:38 AM
#19
I don't really see an end soon enough. Like others said its just the beginning right now, and we will almost certainly reach 300 soon enough.
Beyond that it would be hard to comment on, but I would only expect to go up after that
Q7
sr. member
Activity: 448
Merit: 250
March 10, 2015, 07:35:53 AM
#18
Uptrend ending? It's just the beginning. Right now at current price it's probably some market correction before the climb will again resume beyond the 300 level. I was a bit sceptical yesterday when i saw the price staying constant at 280 and didn't expect it to turnaround so quickly but once the market reopens for trading there were strong buying orders coming in.
legendary
Activity: 1946
Merit: 1137
March 10, 2015, 07:18:28 AM
#17
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?
this engine has a bit more steam left in it. so i predict it is going to rise above $300 this week and remain there for some time. and after that it might suffer a small fallback but overall it is going to go up.
as innocent93 said i too believe that this year is going to be a good year for bitcoin.
legendary
Activity: 896
Merit: 1000
March 10, 2015, 07:13:59 AM
#16
It's hard to predict, but I believe this year would be year of the Bitcoin, We suffered a lot in 2014, it seems Bitcoin will be recovered in 2015.  The downtrend is basically ended, now I would assume Bitcoin will never stop rising until it reaches $500.
hero member
Activity: 686
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
March 10, 2015, 06:52:46 AM
#15
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?

Maybe sometime after the $10K bubble? With a crash down to $5K?
legendary
Activity: 3472
Merit: 10611
March 10, 2015, 04:14:18 AM
#14
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?
it is going to stay at the price around ~$290 for a while now. then i think that it will go up again and pass $300 in the next week.
legendary
Activity: 1218
Merit: 1003
March 10, 2015, 04:08:46 AM
#13
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?
I think the cause is increased usage, coinbase being a regulated exchange and the ETF, if anything the rise has been far less than I expected.
I think the uptrend will continue up to $500 or so, it will be a slow rise though, no $100 rise days like in the last bubble.
legendary
Activity: 3248
Merit: 1072
March 10, 2015, 02:29:01 AM
#12
why it should end? let it rise indefinitely

small swings don't make it look any less real
member
Activity: 112
Merit: 10
March 10, 2015, 02:26:22 AM
#11
Never I hope!  Grin
Honestly I am unsure if this will stay around...  I hope it keeps going up but I don't think it will.
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