Bitcoin Forum

I don't know the first thing about TA but I believe the price will break soon either up or down. Anybody got any guesses?

Nobody is great at TA (only about 5 people in this forum are worth listening to and I'm not one).

Plus points...
- We have had a long bear market.
- 1week logarithmic EMA has been positive for a long time.
- Optimism in the forums.
- Block halving on it's way
- No banning as far as I know
- Bitcoin is being recognized, taxed and adopted.

Negative points...
- More terrorism and Bitcoin is enabling them (could be a positive price driver but I hate terrorists)
- Price of bitcoin is high and people need to change their mindset to owning part of a coin
- Serious money needed to push price


My conclusion would be that we will get a good rise in the oncoming weeks.
Previous bubbles have been 30 days of mega rising.
There will be a bubble, I think we might hit just above the previous ATH before people get scared and stuff.

This is my pull-out-of-ass TA  :-*

Yeah, wouldn't be thrilled either if I would make huge profits because of maniacal terrorists (pleonasm?) investing bigtime in crypto.

That aside, I think we'll see $400 pretty soon, perhaps within one week from now.

Target is $500 before halving.

I have the feeling we will make an attempt to touch the $400 barrier the comming weeks. The price stays quite strong above $350 which is a good thing.

Break up to stay around $400.

It already broke upwards yesterday, meaning the odds of dropping below $350 were severely decreased:

It will take a few days to confirm the upward break but I'm confident it's a sure thing.

if china exchange can take the shock ... we can be progress highly and ... easly.

To be honest, I see very little arguments on the plus list that could influence the price in the short-term (by the end of 2015). Halving is still quite far away and I wouldn't expect it to spark the next leg up as for now. Optimism in the forums? Well, I bet most of the people who put money in Bitcoin don't post to this forum (and others we may read). Does anything fundamental Bitcoin-positive has happened since the time we saw the price at sub-$200 levels, or you could do a similar list back then and say: ok, now it should rise. The only thing that is indeed positive and I can agree is that we painted the charts positively, reversing the down trend started after collapse of Mt. Gox. Trend reversals are usually very slow processes and this one should be similar. I wouldn't expect fireworks ($800 would be a firework to me) yet. Not yet, doesn't mean they won't come closer to the halving.

Maybe you will die from lightning, bees, and terrorists all in the same day, while also winning the lottery.

True my ass-pull TA is more based on long term.
With optimism I mean no more fallllliiiiiiing clone threads. People asking if they should invest... Etc.

It looks like we go up and there's no real resistance until 400$. Very exciting times come again.

Finally some good times for bitcoiners. Let's hope the market sentiment don't change and momentum get's back up.

Then we can say hi to 500 at the end of this year.

I think we won't see any difference than early November pump. Even if we pass 500$ we go back again to 300's.

In a tough spot. I'm long term long on the btc I already have but have been looking for another low to buy more. It has to drop back down to like ~350 at least sometime in the next 2 weeks right? Isn't it a self fulfilling prophecy that the price gets pumped up around black friday and tanks shortly after? Or is this movement from some wider optimism or argentina or what have you?

Again i am watching price tickers on every of my gadget and computer lol. I hope we will have new floor at 350-400 this time.

It's $373.11 in coindesk price and maybe more in other websites/exchanges, i think the bitcoin will break $400 soon if not this month(november)

What is Bitcoin enabling them and how precisely? Bitcoin is the worst way to money laundering, so what are you talking about...???

Then let's just enjoy the ride shall we? We all know what ever the reason behind this rise, it's gonna go down soon. Maybe even to a new floor. So the best thing we can do is profit from it.  ;D

Up it went. Please nobody trade on my thoughts but I am thinking it could either get cold feet around 400 and crash a bit, or rally and form new support around the 410 mark. Fun times.

Well, don't worry, as you are not doing much worse than most of the TA experts. Just take it with the grain of salt.
The thing is that we reversed the down trend and once we will get the spark, the things can start moving quickly again. When it comes? Hard to tell, but as I said, I see it more probable in the spring of 2016, rather then in 2015.

I notice the price has started an uptrend since the Chinese exchanges got permission to take direct bank deposits. The Chinese were partly responsible for the rally to $1100, and then their new rules helped put the brakes on. Now it's easier for them to buy Bitcoins we might be finally past the bear market of the last two years.

It's been going up so far. I don't mind it if it keeps going up.

Well at the moment it seems to go up right?!
But if you're in for long this shouldn't matter. Both directions shouldn't matter in that case.
Evertime you have affordable money left to invest, then just do it.
And when price goes up, like now, enjoy it.If it goes down, you don't care and hodl!

On a scale of 1 to critical, how critical will the next 24 hours be?

Please I must know

The critical level for the next day is 1. It does not matter if the price rise or drop in the next 24 hours. Long term price trend is up.

It went up a bit today but also back down.
 
I'm actually hoping for it to go up and reach $400 sometime around next month.

"Bitcoin enabling terrorism"... Any brains in your head?

That is one of the fundamental developments that actually fuelled the last run up to $502. To get higher we need more hands on board (more volume, however it is hard to get this data as the Chinese exchanges do not have fees - thus you can't trust volume data), or simply further developments of this kind. Also please bear in mind, that the Mt.Gox peak was achieved with the help of trading bots.

I think we will reach 400 USD by next week or maybe even this week. The momentum is building up and there isn't much resistance.

Let's say how this will play out.

Decent resistance at 380 but I believe it will break up to atleast 400. Question: blaze past 400 and catch people with their shorts down, or crash down to 350 maybe lower and burn all the longs put in around 380-400?

Going down from $380 to $350 is not a crash, unless you use 10x or more leverage. That is the normal volatility that is build in, in such a fresh market as Bitcoin is.
I wouldn't abuse the word crash and blaze, because you may run out of words, when a more significant move happens. Going 10% up or down in price is not the end of the world, if you really think this technology is worth investing in it.

Yes last time I had a CT they were there.
Money (incl. bitcoin) enables idiots since it can be untracable if done properly.

Agreed 100%. I have the majority of my stash that I hold for long term because I am very bullish in the long term. I am also toying around now with short to medium term trades right now however, which I guess is why I threw the crash and burn words around so lightly. You are right though, good point on the long term.

i do not know, but we should be able to touch $400, the current price is $376 so it was very close and I hope it does not break out down before touch $400

the price slowly but sure still climbing i think it would be reach to $400 before christmas but my questions could the price stable if reach to $400

another small step like the one from 330 to current price, and we are there, this is indeed someone artificially fixing the price, now way bitcoin increase that slowly, without being manipulated

demand from casual people is not syncronized so well to permit this kind of movements

I think it will reach the 400 usd, so many people step in. Then it will go back again till new year.

Starting 2016 it will be manipulated again.

The price will stay around $370 for a few weeks before it break out upwards. The traders have patience this time.

It's been going down but I think it will bounce back in a couple of days

This is good for people who want to invest into bitcoin right now

After break $360 price continue up but now seems want to goes down.. If the price broken below $360 surely price can goes down to $300

I have sold some bitcoin when the price of $367 and before falling to the current price $360 . Are you sure Christmas will affect the price of bitcoin?

Meh, I was waiting for a little higher to sell, and I have no funds available to buy. Hold it is.

It's possible that Christmas could have somewhat of an effect to it but don't think it will be much.

If the value decreasesaround Christmas I might make my way to some exchanges

Huge drop this morning from pretty much $380 all the way down to $353 on Bitfinex! All of the rising we did in the last few days was lost in one single sell.

I have no clue who has sold! Is it some big Chinese miner or are we being manipulated once again!

We'll see more drops like this in the coming week

it's what we consider a normal correction nowadays. i won't be surprised if we see the price back at $380 tomorrow or the day after that. it goes up $20, and it goes down $20. it's very predictable. people make nice profits when they ride these waves.

If it's so predictable then I can assume you put your buy orders in at 360, and your sell orders in at 380 right? because it's just going to bounce from 360 to 380 and back to the end of time right, no risk involved  ;D

Holding is the strategy of a lot of people here.
We are long-term bulls.  :)

Once again, dropping the price down $20 is not a big drop. That is not even 10% of the current price. Come on guys! Bitcoin is very volatile and that is something normal in here. What happens now is that we established a trading range around $350 and we may move about $50 in each direction. If you are not a day trader or heavily leveraged (like 10x or more) just ignore this price action and think long-term. Such a $10 dollar move in the perspective of 6 months would be insignificant.
Otherwise, if you can't stand this volatility of Bitcoin, change to another trading asset.

I think my view, maybe the price will go down when Christmas comes, maybe they will sell for the purposes of christmas :)

it's not that they don't want, it's their decision to do an increase to 380, they play with the market for accumulating more at every range

so they actually want to go to 400, but not with their money, therefore they start the pump and wait for the fish to finish it

Technical analysis on a market as small and immature as Bitcoin is pretty much worthless.

 It's like trying to do technical analysis on a penny stock - any news moves the stock a TON more than anything technical analysis looks at.

some hours ago  bitcoin price down under $350
and i see some good news like http://www.coindesk.com/bitcoin-taiwan-retail-familymart/

i hope we can reach $400 again in this week

I don't mind the drop, it gives s few of us a chance to invest more into bitcoin. Before it goes back up again.

I wouldn't be surprised if it kept dropping until next year.

Yes. People will most definitely use this price drop in their advantage to buy in more. I think we'll see $400 again this year for a very short time, and see the price fall back to below $400 again.

My guess is that the price will increase and become stable somewhere around $400 by the end of this year.

I don't think that if some retail store in taiwan starts to accept bitcoin it would move the price up.

My TA take on it fwiw, is while higher lows continue so will the bull move attract buyers on a pullback to around 330, then a break of the recent high around 380 would be on the cards within a month.

I also don't think this news has any influence on the price. We need real fundamental news to start thinking about fuelling the next leg up. There are plenty of potential dates when such an event may happen, with the closest one being the workshop on Bitcoin in December. Stay tuned.
Otherwise, these all 'news' just serve nothing and we observe simply the regular volatility of Bitcoin: we are stable at around $350, with $50 moves in each direction.

Really didn't expect for this thread to be relevant still, but it seems 360 is the magic number. Break up, or down? I must know now!

i do some day trading from time to time. and yes, i do use these price swings to make some profit. otherwise i wouldn't mention it :)

I think we will just move sideways. That is, we stay around $350, with max. $50 swings in each direction. If you like to trade these swings, the rest you have to figure out yourself. DYODR always before trading, don't look for hints on the forum, as it is purely your own responsibility for the trades you take.

Probably by the new years it go down to same 200$ level again like 2014

It could go both ways now, if you are a believer and see all those good news racking up, you will think it's going up. If you are a hater for some reason, nothing will change your mind and you will think it will go down because goverments will crush and whatnot. What im trying to say is, we can't really know what's going to happen for certain. Personally, I think it is incredibly obvious right now that everyone is waiting to see what the next guy is doing about Bitcoin because they still don't get it.

There are ups and downs at the moment and the price goes from $360 up to $370.
The end of the year's holiday are coming and we can expect a drop by the end of the year.

I think people too much focus on the news. Bitcoin, if it is to go anywhere, needs fundamental developments to further increase the adoption and that is the only way to have a healthy next leg up. Otherwise, we are talking about speculation pump and dump, which if repeats frequently may kill the idea in the long run.

The current exchanges allow it to be used for pump and dump activities. If we had 1 global exchange with 1 orderbook, just like for example the Nasdaq. That will make it much harder for people to manipulate the price. Right now there are plenty of orderbooks which of most of them are a joke.

That's pretty easy to do with stocks - the exchange simply says a condition of being listed on the exchange is that it's solely listed on that exchange, and no others.

I'm not sure it's possible with FX, though - the market is decentralised already, you can trade Renminbi (CNH) in London, GBP in Singapore and USD pretty much anywhere.

Ultimately I think it'll be the BTC market maturing that'll have the best chance of solving this. (Though I can still remember Soros manipulating GBP in the 80s, so a perfect solution may not be possible).

Nice stabilisation on 360$ level,bitcoin is like a rock now.good prognosis for future

I also think that the dominance of p&d activities in the price trend is mainly the sign of the immaturity of Bitcoin market. One global exchange wouldn't be the solution either, as one can currently manipulate the price on big volume Chinese exchanges the same would be doable on a bigger scale on one exchange. But I believe one of the main points behind the introduction of Bitcoin was to go in the opposite direction, i.e., against the regulatory forces that control the current fiat system towards a fully distributed payments system.

price is again up to 360 dollars though i think it wont rise too much just yet lets hope im wrong about it

Welp, 360 clearly broke upwards. Now it seems like a jump is incoming from 415. Down to sub 400, or up to 450+?

I suspect the move would be upwards.
A lot of momentum has been built up.

I think it will go up as well. If it keeps going up the way it's been going, we'll see $500 in the next two weeks.
I wouldn't mind it if it would stay at a stable $400 either.

There's a sign today that the price should be $500 above.
It will increase more sooner or later the price is above $450. just keep watching.
This is our dream and keep our bitcoins ready.
I'm so happy that the price 410-420 broke.

The price is over $430 now. It might break $450 very soon, then it will go up to $500. Although I want the price to rise slowly.

my prediction price will be going up and reach 445$ at monday, i can make it sure because there's no sign that indicate bitcoin is going down (people selling bitcoin suddenly and massly) and probably because of satoshi news

It's going up and up. Not sure when it will stop but momentum seems to be on this time. The high? propably somewhere between 450 and 500.
I don't expect a 600 price anytime soon.

It will break out up, you can see now that bitcoin is increasing.
I am hoping that it will reach 500 dollar at the end of the year.

It is breaking up.

Already above 420, so the sky is the limit now

I think bitcoin price will be a rollercoaster around the price 400 - 450 dollars.
But I want to see it goes to 500 dollars if possible.

Yeah maybe it will be 450 -500 dollars, but I am just happy that it will be around 450 dollars.
But we will see what well happen in december.

As per my knowledge I think Bitcoin might cross $500 mark between Christmas and new year because there will be more transactions during these days but again it might dip down during March and April.

Break out up definitely, if it keeps going up like this, bitcoin is able to hit $500 again this year.
I can't wait to see this, it seems like it just keeps going up. 

We are almost there at $450.
What momentum to reach there in just 14 hrs!!

hitting the $500 price level is not the problem. the real challenge will be maintaining that price level. it will require a lot buy support if we don't want to let it get dumped to lower $400 range or even below $400 as when it did early november. i really hope the demand is high enough to stay above $500.

To be honest, I didn't expect that much of the upside movement before the end of the year. I was wrong. We managed already to get stable above $400, which I think is a good sign and more than I expected for 2015. Now, I hope we won't go up too fast.

It is okay to go up very fast, as long as we end up above where we started.  :)

The rise from $220 to $500 a couple of months back was fast and unexpected, but we ended up hovering at around $380.
So it wasn't bad after all.  :)

That's about 5 too many, no offense to anyone who's trying to do technical analysis here.  This is the homeopathy of finance and no one knows where bitcoin is headed.

True. But I can definitely call shenanigans on OKCoin.

https://i.imgur.com/I1XN9H0.png

The Bitcoin price will be a roller coaster this month, and the entire next year. We won't have much rest as there is action going on nearly every day. I surely think we will break volume record after volume record, and even a new ATH in 2016. Fasten your seat belts and enjoy the ride  8)

It is January 2016 now. The price has risen to $470 and now it drops to $380. There is no clear direction for the short term price action.

Two weeks late, the price is still around $390. The price has been quite stable recently. Maybe it is good for investment.

It just went down a little, so it will go up again.
Feel the waves :)

The price is not so volatile recently. It is trading between $360 and 390. Maybe it is consolidating.

The price just rose to $450. It seems the Core team will roll out the SegWit in April. So the market is happy.

I hope it will rise more to a higher value. But that is hard to predict, because it is a currency and that is very hard to predict.
You never know what can happen in the future later and that is very difficult. We all hope that it is going to rise more.

A high rise in the price is expected but that won't be stable. As it has been considered a currency it doesn't have few features of real currency like difference in value, transferability and physical touch.

It should continue to hang around the 400-500$ mark for atleast another few months before it ends on going up before the halving.

The bitcoin price should hover between $400 to $500 in the next few months. Then it will rise due to the halving.

don't you have a dejavu about this? 230-250 for a while then breaking 300, i can bet that the same thing will happen, with a skyrocket to 1k or around that level

I hope bitcoin stays at $430 it will be good if bitcoin goes up in next few months :)

You always seem to be over-optimistic with your predictions. Don't you think you should be a bit more conservative? In order to see a price near $1000 there must be a huge load of demand in a very short time period. Where do you think this will come from?

If the price stays between $410 and $450 and consolidate, it is good for the future price rise due to halving.

not really, it can also be done by instigating a demand through manipulation, like happened with willy bot

$415 was an important resistance that after breaking out to the upside became a solid support, to be honest the only one we have above $400. Btw., $400 is only a psychological (round number) support rather than a technical one. So far so good. The first test of $415 support was very positive, as it provided relatively good buying in the most recent correction. That means if we manage to stay above $415, it should be a new mid-term bottom, as was $350 for a couple of last months.

During the Mt Gox time, it is the largest exchange, so the willy bot can manipulate the price of whole market, not any more.

You never know what can happen in the future. But you can see now that the value is rising and that is very good.
I think that it will be more worth later and that it will rise more for a long time, that will be so good.

There will be no clear trend in the near future. So the price can be trading within a narrow range for about $50.

The opening post was last edited in December 2015. Three months later, we are in the same range.  ;D
Seems to be some flatness in the trend.

you can do it with chinese exchange they are among the biggest one, and anyway you can "split" the willy bot manipulation among more than one exchange, it's not like it can not be done...

The price has been pretty stable at $380-$420 for past 4 months and I'm happy that it hasn't moved below $350 as many had predicted it would drop to $300-$320. I am still holding my coins till July to see what's in store for us and I expect it to rise atleast by $100 in few months.

the price is most probably going up from now one, the price is fluctuating right now but we are getting more and more closer to the halving event at a very rapid pace, that can influence the price significantly

I disagree. The price will go back to 400/405 then stays there and go back to 380 dollar. Then in a few weeks it will go up again. It is a cycle that happened before.

Right now i feel the price will go down too. But a little. Just before it will revive and touch the 500 mark.

It's is obvious now the price is rather going up, then going back to 200 dollars like before.

This is what I expect as well, considering there has been more noise recently about the supposed end of Bitcoin due to the blocks being maxed out, there will likely be a drop below $400.

The good news is that the market apparently doesn't agree, as it keeps swinging up here and there.

The price will not go up or down in the short term. It is around $415 for the last two months. If it break out $470, it will go higher.

The price of bitcoin is expected to break out and go up by the time of halving. Til that price will be increasing and decreasing with small fluctuations around the range of $450.

If the $450 becomes the new centre of trading range, that would be excellent. That is almost 10% higher than the present one.

What makes the $470 price level so special for you to think it will make the price go up as soon as that price level is reached? I really don't see these signs.

$470 was the peak of the last pump. The price dropped from there due to the block size increase conflict.

We never know what will happen with the value later in the future and that is the problem, it is really hard to predict the value.
But I think that there will be more people that is going to use Bitcoin and that they have the trust that it will rise.
The price is now stable and we all hope that it is going to rise soon.

Yeah it looks to be a big margin to make a good profit compared to today's price. Even if it increases to some 5% also more users will get benefited.

The most people are thinking that it will rise in the future and that is a positive mind and also very good for the people that has already some Bitcoin.
But the bad thing is that you never know of course what is going to happen with the value, it is a currency and that is always changing but I think that it will rise slowly.

Of course we know what's going to happen.
If your car runs out of engine oil and has two broken wheels you know you're in for trouble right?

What if the car seems fine, but the mechanic has been warning that the engine is going to explode every time the car's been serviced for the past two years? Or you bring the car in with a crack on the windshield and the mechanic does that sucking-in-air thing and starts telling you the car is "crashing"? Or the mechanic vaguely alludes to problems at a "fundamental" level, without ever explaining what they're talking about?

What i'm talking about? Really?

Bitcoin does not scale. "We will solve it when it becomes a problem." is what we've heard for the past years, now it's becoming a problem and there is no working solution or even remotely a consensus of what a solution should look like. This will almost certainly result in at least one split chain when people start forking bitcoin and promoting their 'real bitcoin'.

Bitcoin does not offer reasonable (pseudo)anonymity. Something which has been one of the core ideas of bitcoin since the very start has been proven to be false and it's in fact very traceable and easy to correlate.

Mining centralization, it's not just happening, bitcoin mining is already very centralized, basically the whole thing is run and controlled by a hand full of people, which are probably the same people that own 99% of all bitcoins anyway.

Globally governments are criminalizing bitcoin (or crypto in general), either legally or on the media/public 'wall of shame'.

Banks are increasingly refusing to do business with bitcoin-related businesses.

Exchanges are getting locked down and want to know every little detail of your life. Who are you, what do you do, where do you live, where do your coins come from, how do you plan on using them, how many do you have. This is worse than what's happening with fiat, and on purpose of course, they need to destroy bitcoin to prevent it from catching on and getting development again.

Oh noes. Bitcoin's scaling - a problem, apparently, that has been around for years - during which price continued its slow climb upwards (despite your belief that from $1 to over $400 constitutes a slow decline).

Mining centralization - damn those Chinese. Except - miners continue to mine using pools. Those Chinese pools are full of miners from all around the world. Whining about mining centralization now is as ludicrous as whining that the Czech Republic had mining sewn up back when Slush's pool was the only real game in town. Hint: miners and pools are not the same. Do tell me more about how miners are "probably the same people that own 99% of all bitcoins anyway" - ideally using evidenced facts and not "probablies".

Criminalizing Bitcoin? Oh noes noes noes. Like when you told us the European Union was criminalizing Bitcoin and it turned out that the European Commisssion had made recommendations (which individual governments were free to adopt - or not) - so that Europe would come into line with the US?

Banks are increasingly investigating blockchain technology. Banks were bloody awful back in the day, in some countries (the UK for example) they still are - but "increasingly refusing"? Hyperbole much?

Exchanges in Europe are coming into line with exchanges in the US, which in turn are falling into line with non-BTC exchanges. Don't like it, there's plenty of exchanges outside the EU and the US. And I'd love to know how this is "worse than what's happening with fiat".

Your go. Really.

Just because the price went up from point A to point B doesn't mean that it hasn't been in decline most of the time. The big spike by the willy-bot caused this high value but trendwise, most time was spent on a decline.


Of course they consist of many small miners. The point is that the pools are in control and can push changes in the protocol easily before people would have time to notice and/or switch, causing again a hard fork at a later point if people will move away from those pools in big enough numbers.


MURICA!

I say let it do its own thing and dont stress on up or down.

And instead focusing on the non wasted time to earn more btc or obtain it somehow. And let the traders worry about the daily price drama.

I agree that some things can be sorted out much better, but nothing is broken when it comes to Bitcoin. All things that need to be sorted out will get sorted out eventually. You keep hating on Bitcoin while you hold some Bitcoins yourself, what's wrong with you....

those things that need sorting out are what keeping bitcoin back and preventing the rise at the moment.
2016 was supposed to be a big year for bitcoin and especially because of halving the price could go very high but things like the drama after drama stopped the process completely.

OK, the price in decline thing. Could you provide a graph, chart, image or similar showing the price, uh, declining? Because when I look at the price over the last - hell, over the last pretty-much-any-period - I see an upward slope. Is it possible you're using a different definition of "downward" to the rest of the world?

The pools are no more in control than Slush was, or, perhaps more relevant, ghash.io when it started threatening the 51% mark. Pools are "in control" how, exactly? Do they point a gun to the heads of miners and force them to remain with ghash.io f2pool? Or are, as I believe, miners free to move from pool to pool?

I can't really argue with your last point (in part because I'm unsure what it even is). Yes, indeed, European exchanges are following American exchanges. In much the same way much of European life follows much of US life. It is sad, I agree, but hardly earth-shattering, and hardly Bitcoin-destroying. Thank goodness for Eastern Europe and Asia.

You've missed the parts about criminalizing Bitcoin and banks. Take your time.

Well predictions can be made with some expectations. Likewise the price looks to go on the increasing side than falling. If its to fall then already the price could have went down of $400 than staggering around $415 for long term.

The price will be around $420 for some time. There is no big news to drive the price up or down now.

We have seen major movements, up and down, without any big news coming out.
We have moved beyond those days when the price went up when a major retailer started accepting bitcoin.

bitcoin prices may be stable at the price of $ 415 for a long time. but I believe that the price of bitcoin will rise in April of this, the development may cost around $ 450-480

I think this is the same as week ago that the price is like that low and nearly 410 but in few day the price is increasing fast..
And i think it will happen again.. sooner..

If the price break up $425 at the moment, the price could go to stay around the $450 for some time.

After that, the price shall rise to about $500 just before the halving, then it will rise further after halving.

If you went through today's price you might get increased hope of $500 as it has started to touch $425. I feel this to be truly a break out towards rising side.

I just hope the price will rise slowly. I do not have any problem if the price goes to $500 in late May.

That is hard to know, Bitcoin is a currency that nobody can predict and that is the baddest thing because you never know what will happen with Bitcoin so you have to take risks if you want to sell or buy.
And as you know you know that the halving is also coming so that can be also nice for your Bitcoin but just see and wait.

Break sideways doesnt seem an option, does it?
Everyone seems to think a violent move is imminent,
so that way btc can pull the finger and just pump/dump sideways.

I do not think a violent move is imminent. The price has risen very slowly in the last few weeks. So it will also move slowly in the near future.

The price has risen gently to the $460 range. If the price stays around the 440 to 470 for a few weeks, 500 is the next stop.

The price has reached $469, it is coming down to the $455 again. If it consolidates around that level, it is quite good.

I think the price will hovering around the $450 range for the next few weeks. The if there is good news, it iwill break up.

It keeps stable for a long time and many people dont like it because they want to make profit with it and that is not possible now and we are hoping that the value will  higher soon.
And that is because that is the reason why they bought Bitcoin, but it will rise soon because the halving is also coming.

The price is staggering around $450, we hope this can go high because of halving and I don't believe that the price will go down anymore, it may fluctuate sometimes for few days then it becomes stable.

The price is $459 today. It seems it is preparing to break the $470 again. But it might drop from there again.

It is easy to see a slight bullish trend with some pauses. Firstly at $370, then $420, and now is around $440-460. The next step is logically around $480-500, and then will remain stable at $550 before halving.

This year, the price is going up steadily with small corrections to absorb the profit taking. It is perfect.

As you can see now you see also that there are now more people that is holding their Bitcoin and that is because they know that the value is now rising slowly.
And that is perfect for them because maybe they can earn profit in this year and that would be nice.

I will hold my bitcoin for the long term. I will only sell it when the price rises too fast, like it did it 2013.

I estimate after bitcoin's price will rise very quickly, though not definitely been very many signs that bitcoin is approved in certain places and it may affect the price

That could happen. But I would like the bitcoin price rise slowly, just 1% a week is fine as long as it is sustainable.

one thing that is known about the price of bitcoin bitcoin prices are always going up, it's because every year bitcoin users will increase, because they are just beginning to know what it bitcoin, and if they invest their money in the form of bitcoin, bitcoin I'm sure the price will surely rise

Old thread, but I'll throw in my two cents because it's now at the top of speculation;

the value will be going up for a fairly long while yet. I'll be surprised if the value ends up collapsing after the recent rises we're been seeing, and ending up below $440 (and even $450) would be a surprise for me. The investors' confidence seems to have been restored, and it looks like they're willing to keep their money in Bitcoin, at least until the halving rolls around. We'll see what happens there.

sorry if I do not agree with you because the prices of bitcoin at the end of last year are still significantly higher than the current price. and i think even if users bitcoin increase will not guarantee a significant price increase.

You must be surprised now. The price dropped below $430 in some exchanges. It is just around $440 now.

That is not a worry. The bitcoin price is still within the $400 to $470 trading range. It will last some time.

I see the current bitcoin prices continue to rise slowly. it seems that it will soon be back in touch $450.
maybe it could continue to rise as the effects of approaching halving

The bitcoin price has broken up. It has changed from the $420 to $470 trading range. The next leg is up.

The priceo f bitcoin is around $540 now. I wish it will not rise too fast. It should stay around here for some days.

Bitcoin is getting slowly more and more worth and that is nice because the halving is also coming towards to us so that would be really nice for the Bitcoin if it is going to rise a lot.
And the most are thinking also that the value will rise for a long time but it is hard to predict what the value will be and that is the problem and risky.

The price is %570 now. It is very strong. I thought it would test $500 again after the last rise, but it did not.

I think the market manipulators would try to short the coin and make a lot of money, but they cannot do it, there is big buying power.

If the market trend is up, even the big whales cannot do it against the general trend. They might cause the market to drop briefly.

I think the price movement tells us to buy and hold. IMO, this will continue to rise until we can achieve $1,000 by the end of the year. That is very possible if you analyze the way bitcoins moves right now. Good future ahead of bitcoins holders and investors.

But you have to know that the value of Bitcoin is going to rise slowly and that is really nice but of course it will be really hard to predict what is going to happen.
The value of Bitcoin is rising and that is perfect for people with already Bitcoin than you have to wait for the right moment to sell it.

For me, in the next 5 year, there will not be any right moment to sell as I am a believer of bitcoin and holld for the long term.

I will hold most of my coins for the long term. In the mean time, I will use some to buy goods to help the adoption.

The adoption can increase the number of users. When more people use the bitcoin, the price will rise further.

The price of the bitcoin is determined the usage and the number of users. The more users, the higher the price.

Not just users, but users who are actually investing their money to buy bitcoins. As without demand, just adoption alone won't let the price increase.

that is right. The price of the bitcoin increases with the number of users and usage. That is already proven.

The main problem with the bitcoin is that its price is too volatile at the moment. It might be better in a few years.

When the bitcoin price gets higher to around $100.000, it will not be so volatile. It will be similar to gold.

That is right. When the bitcoin market cap is larger, it is more difficult to manipulate the price of bitcoin.

It depends on the size of the whale and its influence. A big whale like the Pacific Capital can manipulate it easily.

Fortunately, they are not interested in it currently. Maybe their investment strategy only allows them to invest big.