Bitcoin Forum

$375 (for example),
$450,
$525,
$600,
$750???
What price will convince you that a Huge new up-move has finally started?

$400 would be about 2x the low of about $220 ish that we saw not too long ago.  Doubling the price would be huge.

For me personally I will be convinced that we have a big new up move finally start, when.. We stay over $350-$400 for longer than a week lol

One can only hope, although it is looking good isn't it? Been stable accumulating for quite some time now I think it is ready.  

$1,300

When it hits 1000$, and after a short crash to 300$ it remounts to 1800$, and continuing the pump to new highs.

Then I will be finally convinced that bitcoin is under a huge up-move.

Parity with an ounce of gold.

Once we pass previous ATH

$500. That is when it will hit for most people that there is an uprise and not just a flutter.

I think that we will slowly rally to $500 and stabalize around 400. That is the price of bitcoin imo.
Afterthat we will moon to 2000-1000 and stabalize around 1k.
Would be great.

When we get above and hold $350 is a great start (not during Chinese ddos like today), if we get above $400 and hold there then we will probably see a new ATH.

This seems like a reasonable estimation. We need to pass ATH and go way above it, have a bubble, watch it burst and then have a new floor price a bit higher than the last ATH, this would consolidate BTC as the most resilient asset ever. Only idiots wouldn't get in at that point.

Isn't that where we were 2 years ago?

In Oct/Nov 2010 it bubbled from $0.06 to $0.50 and crashed down to $0.14 before stabilizing around $0.20.

In 2011 it bubbled from $1 to $32 and crashed down to $2 before stabilizing around $5.

In early 2013 it bubbled from $15 to $266 and crashed down to $50 before stabilizing in the $100 range.

This would consolidate BTC as the most resilient asset ever. Only idiots wouldn't get in at that point.

nice question

i would say above 600 will convince me, that 1200 is approaching, and above 1200 for a great amount of time, will convince me, that we are not falling one week after we reached it

It sure feels like time for something big, but my timing has been off before.

Doubling from the previous low, which is around $220-$230 would be a good sign that we are heading to a new high. Something around $450 and staying in that range for a wekk would convince me that we are ready to go to the moon. I must admit, ^{this is exciting!}

$260. I've been convinced for nearly two weeks now that we're going to moon.

two weeks again will reach to $320 and i hope stable in range $270-$290 until next week. i guess if bitcoin can strong in range $270-$290 it good

For me it has nothing to do with price, but how well support is tested.  If we get some nice bounce at a certain level for at least a few weeks then we have a winner, otherwise it is just a transitory move and just a part of the normal volatility.

if we stay above $ 325 for more than two weeks i will throw in my last gold.

Interesting question Harpy
A graph that looks like its pumping upward over the long term but I guess its a symbolic number for me
$420
IT means the revival of all the 420 threads and for me is a sentiment price that we pass through time and time again.

It really does feel like it is time, any day/week now we will see what all this price holding down has been about. I can only imagine it was to accumulate as much as they could to make the pump easier and obviously make more money in the process.

As long as you are in the game it doesn't really matter about wrong timing unless you sell at $325 and we leap to $500+ that would be horrible but as long as it does not run away and you can get back in on a dip all is well that ends well.

 

Heavy resistance is at 320, 480, 650 and 850. Over 900 would convince me for new all time highs.

You're right. Price means very little if support can't hold. People get too caught up in the slight price movements, when we could be in for a correction in the same short amount of time it took to rise

I'd be convinced if prices stay consistently above $500 for at least three months with solid volume on upwards movements. But before that can happen, I think we will go through a longer period (half a year or longer) of stabilization in the $300-400 range.
Personally I do not wish for parabolic price jumps, because these tend not to be sustainable and might be problematic for the infrastructure. However I'm almost sure that exactly these will happen again sooner or later...

Bitcoin has already broken through and is staying above the 200 day simple moving average. We are in a bull market now, time to buy until price drops under the 200 day SMA again. You can wait for a down day to try to get the best price or just buy in at market. However if you wait to buy you are missing out on profits.

"$420!!?"
4:20?

Just a day or two above $420 could start a fast run to over $500.

Hmmm...
I am way over-due to walk away from the computer.
Only 9 minutes to 4:20pm  :D

If it would gradually rise to 500-600 range again and stay there for a significant time i could be changing my view, for now this just looks like a pump and dump and a major crash event is building.

well, considering history and my experience with bitcoin, it should be around 500USD per BTC, maybe little bit less but around this..

Don't worry be happy
I just be messing with your mind Ja know  8)

I don't think anything would get me excited except maybe a $1000 move in a single day, then I might starting thinking about giving my current employer the finger.

Agree on the resistances!

Break 300 will be enough for me consider such possibility.

Too many failed attempts to break 300 this year, and here we are again

Bitcoin coming up after 260$ is already making so so many people feel that now finally we are going to the moon but a lot of people already know what's up, cuz they've been around for a long time. This is just a temporary spike and its going to fall even lower than 260$ soon, might even slide to 160-180$ and that's when so many people would invest heavy, even I would. And I would sincerely believe we are having a new up-move when we cross 600$

for me, if we get to $400 in a short time and don't get lower than that i would consider it the huge up-move or as you may call it "da moon"

and honestly after seeing the recent movements and getting to $300, i now see it very much possible to reach that point soon.

$400 - $600 price range will make me think that a new up-move has finally started. The price rise over the last few days is a good start, but no one knows what the next price moves will be.

The price moving up so fast is definitely not a good thing as it could easily happen the other way again . I would have more confidence in bitcoin if the rise was slower . Right now seems to be purely out of speculation.

$3000, with hindsight!