Bitcoin Forum

When I look at the 1 day graphs of multiple exchanges, I see that the new pump is being built up. Final resistence will be bought of in about 2 weeks, giving bitcoin a fair chance to hit last support high of $660

According to past events, the price will swing gently from that point, I expect than a small dip around half november, while after that the price will continue to stable rise

UPDATED OP:

https://ip.bitcointalk.org/?u=https%3A%2F%2Fs21.postimg.org%2Fw5sgex9rb%2F1yeartrend.png&t=569&c=iCUS4gEvwKv26w
https://ip.bitcointalk.org/?u=https%3A%2F%2Fs18.postimg.org%2Fh3envwr8p%2F1yeartrend2.png&t=569&c=sk2WpgtfKAXPZw
https://ip.bitcointalk.org/?u=https%3A%2F%2Fs18.postimg.org%2F5y42cud0p%2F2yeartrend.png&t=569&c=__f2nCeu18OiZg

https://s21.postimg.org/w5sgex9rb/1yeartrend.png


1 year trend line zoomed in on current events. Shows that trend from september 2015 till now. Bitcoin will reach $660 level very soon

Nice observation though and  somehow a good  prediction  on bitcoin price that  it would  rise  up on $660 on this year. Well  its good   to reach  that price though but it would be more goo d  if  it surpass even more  on that price point. Well,  we just wait  and see on the  price on year end.

Nice ananlysis, although i am not that good at reading trading charts and predicting pumps/dumps but a stable price for more than a month showing strong accumulation in this price range so a good next price pump is likely to happen.

This is the full trendline as of above. The line is formed from 1 sept 2015 - 1 sept 2016.

https://s18.postimg.org/h3envwr8p/1yeartrend2.png

It is very positive to see such a strong trend line over a one year course. It is clearly visible that the adoption of bitcoin is going strong, and that whenever negative events happen, people still stand strong!

i think you don't build a pump you build the price slowly, so this is not a pump, a real pump happen suddenly and without real reason, and after that a dump happen in the same way

No okay good point. Pump wouldn't indeed be te good description. Though the graphs show clearly that this has nothing to do with rising for no reason. The strong trend line suggest it's 1-% rise in the next month, since the trendline is so strong

finally someone has realized that you should zoom out of the charts and look at them from afar to see what really is going on sometimes.

nice charts, and also thanks to OP for creating this topic although his chart was not as good but it gives the general idea anyways.
i am not sure about the 2 weeks timing but this will happen soon.

Chart lines and other indicators are nothing if there's a pump happening since it's a rapid one and instant*. Even you took the analyzation for yearly, monthly, weekly and daily average it can't say that there's a pump around the given time. It just show some continous accumulation around the certain price which is good for deciding whether to act bull or bear.

*only applied for cryptos but not on fiat currency trades

Yep, it's pretty obvious we have whales at work here trying to keep the price under 600 to keep buying, they have been buying for months now and things are getting ready to explode once 0.13.1 goes live and segwit is activated, then the march towards 1000+ begins.

yes i hope so, i think bitcoin will really cross the 660$ in next couple of weeks and it is also expecting that the price may even cross the 1200$ in next few months.

Oh, that looks good. I dont know what happen next, since new to bitcoin. I wonder what will happen though, still i dont own much

I hope that  the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..

In the end we will see. November could also be it. Atleast we can be sure to reach a higher support level at the end of the year which is nice of course

I like to see a positive sign  ;D I invested 0.1 btc so it would be cool if it rises a bit so is lil more pocket money

Yes but this is very little amount of bitcoin to get noticable profit over bitcoin pump. As even with 10% rise in price you may only get around $5 in profit around. But nice move you have made, try to keep on buying that you can till price is cheap.

We may see a good pump anytime soon after long  weeks of swinging.

Yeah right i hoping for the price increase this coming november and december i just relay in old chart from 2015 there is a littlebit the same so i think the price will increase too in november so 700 value is more price increase will happen this year.

I just feel that the price will boom again just like before or last year and get down before end of november and increase again back before christmass..
I am not 100% sure that the price will increase its just my speculation..

I think the next new pump will be of higher value i mean price may jump to over $700 looking at the trend price have recently.

I only hope for the continuous rise of bitcoins because high or not im buying/selling it due to my investments in cryptocurrency. I guess there is no escaping in bitcoins especially if you have investments in altcoins.

I think it will pump above $800, and maybe above $1000 before next March. It might carry on flat for a few more months though. Predicting the exact timing of pumps is impossible, but the trend has been up all this year, and it will probably carry on up all next year.

hmm that sounds reasonable. bitcoin has been stable for too long i hope you are right. as long as the price is rising at a stable rate ill be happy.
Hoping for 700+ before year ends though.

We are all in a wait and see mode, and hopefully your prediction is correct. It has been a rather "boring past few months", kind of uncharacteristic of bitcoin. I am about to sell most of what I have, and willing to wait a little more to see where the price will be at a few weeks from now.

Its better  to invest on  small amounts than no  investments at all.  You could actually gain profits  with it even we invest on bitcoin on small amounts but   its  much more better if  we invest more. As i saw on the chart the trend is  going up and hopefully it would rise up in the end of the year.

it is going to happen sooner or later, and that much is for sure but about the timing i have to say i never liked speculating about the time like this from the charts because in most of the times the speculation never comes true and all the lines shift towards a new speculative time.

I think we'll stay hovering around the current levels for a few more weeks. There is not much right now that may indicate the price going above $650 levels. We need more patience.

well, it is time for a new upward movement anyways.
there has been enough time spent on this price level around $600 and also there have been some pretty good price drops to lower than $600 mark that helped the traders to accumulate a lot of cheap coins so the time for rise is near because they are all ready.

agree with this. There has been a long time since th drop from 700 for the market to settle.

The difference between you saying it is time for a new upwards movement, and with how the reality is at this point, are both on a completely other level. That being said, I actually don't mind seeing the price stay at current levels for a few more weeks. This stability is great for people using Bitcoin as currency.

And you think they will stop using Bitcoin as currency when it starts to move up again?Come on!!
Bitcoin is barely used as a currency at the moment, no matter what the volatility is!
Right now imo for the overwhelming majority it's all about investment and speculation.
So let the price move up or down, it won't matter that much.

Please stop spamming, and learn to read and understand it before you post. I didn't say people will stop using Bitcoin. Fact is that when the price is relatively stable, people are more likely to spend their coins and feel good about it. If they spend coins and the price goes up considerably after that, people will feel less happy with the decision they made to spend the coins. All because people still see Bitcoin more as an investment tool rather than a currency tool.

i think yes i can also expect the price of bitcoin  above 660$ in next few days, therefore investing in bitcoin is not a such a big issue, i think you should help your friends in sung bitcoins.

Im definitely expecting a price of $650 by the end of the year or start of 2017.
I would be very surprised if it didn't happen,
and any of the people predicting a crash in price are either crazy or have some sort of agenda.

The problem with this charts is that we this year is year of halving, last year was just another year.
You didn't include this in your calculation - also I don't belive that similar charts are good enough of proof that we are ready for another advaceing move.
Someday yes, but the same idea: "market is consolidating now, wait a week for a pump" is being repeated for a month or so.

Yes, some people indeed have a hard time understanding or have their own agenda.

Because last post said that my comparison was not fair:

https://s18.postimg.org/5y42cud0p/2yeartrend.png

This is the 1 year trend as posted, combined with

trend from januari 2015 - sept 2016
2 year trend sept 2014 - sept 2015

Now what are people trying to say. We are at a good level, and all these 3 trend lines show a strong movement to stay above current rate.

Now for the nonbelievers, im not going to include the 1200$ pump, to fulfill the needs for your agenda.


~Both 1 year and 1.5 year trend line show STRONG upward movement
~ 2 year trendline indicates, that since we've spend the time on the downtrend, and finally reached this level it's time for a movement above the trend line

I have to admit that i better understand what your saying now

Fantastic analysis and i believe it you are a good trader but i'm not agree to hope see a dip price in the middle of november if that's happened we only has less time to hope seeing pump would take a lead after small dip shown.

Lets hope on some nice prices, I have some doubts about the fact that the price is gonna rise to a higher amount but lets positive people and have some patience and hope on it too.

We have to wait and see, but most likely the Bitcoin's price will continue increasing again and it will reach 1000$ or around this price by the end of this year.

789$ was a pump. We are in the normal timeline right now and it is building up slowly. (till another exchange hack at least.) Agreed with the general direction though. No doubt we are headed upside. It will just take a few weeks to get there, maybe months. If any sudden pumps happen till then it could be an opportunity to make profits.

There is many predictions that the Bitcoin's price will increase highly after some weeks , and within the few next months. May be it will reach 800$ or more soon.

At the moment of writing there is a mini/small pump of the price which made it which made the bitcoin price to ~$610, I hope that within these few months the price of bitcoin will reach $700 as people will invest more in bitcoin.

It's only going to go right back down to 600 in a few hours. Don't get your hopes too high.

I guess there are plenty of parties who want to dump their stash, which is why everytime we saw a solid support it was broken down...
We all agree the current price is not accurate, but a pump will be hard...

there is always a time for everything.

so if the pump happens right now there may be some dumps because some of the whales weren't ready for it.

but if it happens when everybody is ready and satisfied with their amount, it can go to the moon easily and stay there just like the rise from $400 to $600

Agree,  theres an always time for everything as  you said  if  there is  a pump that suddenly happenss then some  of whales would surely dump it because  they didnt expect that to happen.  We could always assume that price of bitcoin would  go  on  to that pricepoint but we dont really have an  idea on when it would reach that amount.

I still wonder why anyone would want to dump. when they could benefit from the increase in the price of bitcoin. very difficult to think that there are still people who have a sense of pessimism.

much people want bitcoin to increase and up
and wait big pump can incraese price
but you diference you want bitcoin dump

Those people  who likes dumps are those people  who do trade bitcoin  with  huge amounts  since thats the best time  to buy cheap  bitcoin and   they know that bitcoin would surely rise thats  why  they  are doing short or  long trades on bitcoin. Its not  really  a rare   objectives of  some people.

dumps are inevitable because every single person who invests in bitcoin wants to take out some profit at some time so they will sell.

as a trader you should take advantage of these situations and make profit.

but as a hodler you should never even care about these things and think about the far future.

As of now, bitcoin is rated at $614. We are off and on the way now!

Actually this move is really impressive one and as many have expected price gonna pump after long constant price. And i also think this move showing potential of price to jump over $700 again soon.

Yeah i feel this november or this coming december the price will hit again back to 700 value and expect for price crash again after reaching that price..
So just get ready before you late to sell your bitcoin if the price hit 700 value above..

You know the cycle ... pump, dump , correction.. So iif there is someone pumping then mostly a group is eyeing for a big dump, if this is true better  get ready with your USD because if dump comes probably we can see a sub  500 USD Bitcoin but i doubt there is some pump here.  Maybe just some hype due to the update.

Lisk,factom,steem the are losing power btc up again?I hope to buy some btcs low

With the price rise today and yesterday, I can see it going to $660 soon. I expect if it does go that high, that we will also see some pull back afterwards. It seems to fluctuate in price still in a tight range.

Just because the price has gone up a few bucks in the last 24 hours, you expect to see the price reach $660 soon? That doesn't really make sense. We have seen such "increases" before, and they did nothing afterwards. Instead, the price fell back down again.

Well I just cashed out some money in Bitcoin from a gambling site.
Hoping they send it to me before the next rise in price so I can make a few bucks off the increase.

Price has been stable so long, whales are probably slowly buying coins so they don't show their hand before the next spike.

i guess he prediction isn't wrong and your predictions not wrong too, there is a likelihood of impending price increases after the price fairly long stay at $ 600 ++. i've plan to buy some bitcoin if the price can break $615.

All the things that have been predicted had a chance to happen, but the problem is we can't know with certainty the price which will occur in the future. Better do some things to get a lot of bitcoin and also looking for a way to save some of the bitcoin in order to benefit in the future

I doubt it that we will see any substantial pump before Christmas. I think we will be very lucky if the price gets around $750 in December. The real pump & dump should be starting next year. As the halving didn't do much of a change I suppose it's up to the whales now to get the ball moving again. But we are due a big pump so be ready to act quickly when it comes  ;)

Well we are not fortune teller to know that thing but i think bitcoin will increase more according to other traders the price of bitcoin will be increase more until reach 1k value but above more do not know if it can increase more until 2k value. because we are not seen this fluctuate done in 1k last 2013.

The halving didn't do much? Everything happened in advance of the halving, and people still say nothing happened.... If you think the price will go up after the block halving, then forget about it. And if the price goes up, then it's not halving related, but just the demand or the speculation that's getting stronger.

For now i wont think it will be 2 weeks., the weeks we just got will repeat. we will get there but will take longer.

It sounds weird, but people don't care about what happened in the period prior to the block halving. These people most likely invested in Bitcoin after the block halving, and are now desperate to see the price go up since they are waiting for it to happen nearly 2.5 months now. Their patience is put to test significantly with each month passing and no serious pump happening.

Sorry but with 100k btc mempool backlog this isn't going to happen... People are waiting for hours if not days for their transaction to get into a block...
Really the revolutionary fast digital money of the future eh? And we're not even trying to process any amounts close to even one small real world payment processor...

It won't be long now before the whole thing falls apart...

I dont think this is true because there are so many people who are saying that the price is stuck at 600 dollar and now they are telling me this how can the price rise that much in just 2 weeks i dont think that is raelly true.

Atleast I think that since the bitcoin price is been holding just a bit above the 600 lvl now, so maybe it is true that short jump occur ???

Agree in 2013 it is really a big pump and i am shocked with it! 1k! wow ! i expect it in halving but nothings happen. Also i agree it will be up 1k in price but not in this year i think maybe next year? But i dont believe that it will happen now.

I was telling that after summer holiday price will start to rise, always after october price is starting to rise, and in winter price always settle on some new price. It`s my experience from last year, and when I was looking in charts I was that in years before it was similar.
Before end of new year I think we will go back on + 700 dollars, or more. I would like to be more of course but I`m trying to stay real while I`m thinking about it.

i hear more people saying this. I think there's to much folks who don't notice this factor. Easy goin

I think that you are looking wrong because the price of the bitcoin wont change allot after reaching in to the 600 dollar and that is because to many people are holding the bitcoins.

Update on OP. When I have more time, I will put some effort in the market analysis on the current situation :)

Thanks for the update  :) all the graphs here in the same post is much more clear than have then seperated

yes but i think more that 660$. as it is expecting that at the end of 2016 the price of bitcoin can make a new record of all time high price therefore it can also be excepting  that the price of bitcoin can easily cross 700 USD in next 2 weeks.

i hope your prediction is true
bitcoin price can up to 660 dollar in shortem maybe this week or this month
this now trend price bitcoin is up

I don't think so about that. I think next year will be a down or stable for the price of bitcoin. In this year, especially on december and at the end of the year, bitcoin's price will increase.

Everyone was waiting for price stabilization. It looks like now price is quite stable between $600 and $610. In very short time for sure we will see some nice jump.. maybe even up to $700 ;) fingers crossed :)

For the past 10 days started September 24, BTC is back again at $600 level and still hoovering from $600 to $613.
7 days in $601 to $605 then on the 8th day it went up to $610 to $613. $660 in 2 weeks is possible if there's a sudden demand of BTC like example the upcoming November sale or Black Friday. Black Friday this year falls on Nov 25 2016. There maybe a surge of BTC demand at that time as what happened last year from $324.04 BTC on Nov 24 2015 goes up to $349.53 on Nov 27 2015, thats a $25.49 difference in just 3 days.

I think the price is somehow slowly trending upward. It is not yet a trend actually, since the $600 resistance is still proving to be a tough one to break. I am looking forward to $620 by the end of this week and hopefully it can stay there for a while before making another attempt at higher price levels.

Hope it's true but I don't think we will get to that amount in 2weeks. Prices are being super stable and moving up and down the same percentages causing the price to be the same the whole time.
Maybe if we wait a few more months then the price will pump up higher

$660 within this week seem impossible better to say within this October or by the end of this month we may even touch $700. Many whales seem playing bitcoin market right now trying to lower the price few more weeks before they start pushing price up.

Yes you can see the whales sometimes catch the small fish. Now i think that what you say is correct and that the soon the price will raise when whales finished eating

As of today speaking:

The resistance is a little stronger than I expected 10 days ago. Though today's a good day in the sense of a step forward towards our $660. The benefit of today is that the support level has had the chance to bring some more settlement to the $600 region. As of now we stumble on some smaller resistance in the 620 area, thereafter it will succeed to rise to $640. I honestly have to say, that yes indeed 2 weeks was to quick.

Though things look good, though it will be a slower proces of time.

It might take until the end of the year/ start of next year,
but I don't think that $650-660 is a bad prediction.
Price hasn't dipped and seems to be slowly rising a dollar or two each day. We might see a slow, steady increase coming.

Most altcoins have lost a little bit, so maybe everyone is moving a bit of their investments back to BTC?

but to me this time bitcoin is not going to stay below 700$. even it is expecting that the price of bitcoin will cross 1000USD level in 2016. therefore i think in October the price of  bitcoin will easily cross 700 USD level.

The price is building slowly but not really noticeable by ones who are not checking the price on an hourly basis.
I checked once this morning roughly 8 hours ago then again an hour ago and did see it rise by $2 but that will revert back if I check now so it is there but not by the people who don't really care about it because they are not buying or selling any at that time.

Nice that the price is moving up a bit again because I have been somewhat tired of the Bitcoin being stable all of the time.
I am still not satisfied but I want to be the price of the Bitcoin to still be higher then this.

yes that a fact but you can see that if we study the nature of bitcoin it is trading in such manner for last few months even after halving, but the good thing is that it still increasing and hope that it will cross 1000$ very soon.

yes i also think so, i think it is now the time that the price of bitcoin should be increase and should even cross 800BTC, in next few weeks, i will like to suggest to my friends to invest in bitcoin if some one like to buy bitcoin, because no  one will find such an opportunity in next time.

   This is an amazing news about price raise, can you share with us more about your prediction. I see you are looking how bitcoin behaved before, and from that you are predicting next raises and drops. I wish to know do you also have some inside information that something big is going to happen or conclusion is just based on history?
   Every raise for me is amazing thing, for me that means that bitcoin is getting stronger. I hope this will come true what you people saying here, this will be good warm up for even higher prices I believe.

I don't think 660$ will be reached in 2 weeks I think 2 weeks already passes from your posting date so it kinda failed.
We are still hovering over the same amount it feels incredibly stale and stable how the prices are right now hoping for a change soon.

You can't simply say that the price will shoot up from observing that the price has been rising for a mere couple of hours. That's simply absurd thinking.

Theoretically it's still possible since there are around 5 days left, but it's very likely that we will remain at the $600-$610 levels for a longer while. Instead of certain people getting disappointed that it didn't happen, people should be happy that we maintained our positition above the $600 level for quite some time now.

I have been noticing that the price is going up the whole day. It started slowly at $608 and now it is almost $613 (bitstamp price). I hope this continues over the weekend and carries over to next week. We could be seeing visible movements once the $620 price is broken.

No I have no secret insights or anything like that, just have a strong analytical mind.


What we are basically doing here is discussing now up to 2 years trend. 2 years = 17520 hours which is slightly more than 'a mere couple of hours'

Now, the thing here is the correlation between these different trends. When you take a look at these trendlines (thanks for quoting OP ^) you see these 1 + 1.5 years trendline with a strong upward movement. The 2 years trendline however, had a whole different angle.

What will happen will eventually be due to what happens in the orderbooks. However combination of these trendlines, especially 1 + 2 year trendline shows there is fair chance of having a high conjuncture.

EDIT: Look I don't have amazing paint skills, but it is to explain the economic phenomenon for those who are not familiar with it. Don't take this colored lines as prediction, but just to get the hang of the motion we're swinging at. The trendlines are more import.

https://s18.postimg.org/m0kvv2ki1/2yeartrend_with_added_PAINT.png

VERY RAW!! More educational

This will propably mean that somewhere towards the end of this year (it will be this year), there will be a short spike. Though resistance is strong in the upper area, resulting in a low conjucture breaking the trendline after this event

but i can see the new pump more about 660$. i think it will even cross 700 USD level very easily, as it was expecting that about 3 months before that the price of bitcoin is going to increase but the band news about bitfinex change the situation and the price of bitcoin fell down to 500 USD.

I'm getting more and more happy hear. Bitratio is nicely rising on Btc-e. If they fix to be up with the Chinese, it will be a good sign now. I didn't think breaktrough 620$ would be going this okay

It seems another market play is on the table. I am not sure where this is heading but It would not surprise me if the price would go to 650 again.
Perhaps it will find a stable support there, which would make bitcon finally again on a good price rate.

i am also hoping so that the price is really rising more than 700USD, in a very very short time. therefore to me the best option is to keep bitcoin safe for price increase and should not invest anywhere else.

i think yes the price of bitcoin is really going to increase in near future, and it can really cross even 700 USD at the end of October.

I agree that bitcoin price is in the uptrend now.  After weeks of correction and without bad press about bitcoin, the price of bitcoin will slowly catch up before the bitfinex hack.  People are getting to trust that exchange again which will be good in the bitcoin economy.  Another reason is that more people are getting involve in bitcoin every day.   

As long as the price is above $600, it is in upper trend. But in the medium term, the price will rise to $900.

Remember that a rise is almost always accompanied by correction.

IMO, I think this rise is related to the CoinDesk feature article I've read that Ethereum is gonna have another fork again.

I do not know if this is gonna happen but lets hope on it, I think that the bitcoin has a good chance and I hope this pump will take place anytime soon, it would be better for us all.

Im amazed by the fact that my prediction is really turning out to play! I've watched the market for trading for over 2 years now, and finally have a sense of how the things are going to happen.  ;D

As of today speaking:

The price is currently set across exchanges between 630$ and 640$. A price correction is possible in the upcoming days, HOWEVER: The Chinese exchanges are currently stepping in on the run. Whether the price will increase further or a price correction will follow, will depend on how the Western and Eastern exchanges play this out.

De rise to this level has been solely made by Western exchanges, with the Chinese bidding a bit behind, since now the bidratio on Huobi is around 50% and BTC-e's still above 53%. BTC-e's bidratio has been decreasing the past 2 days, however the chinese bidratio is only rising since yesterday!!!!

This could be the start of an amazing period for traders

Yea... except for the fact that your prediction didn't play out... geez... it looks like every single bitcoiner is delusional...

the increase was very high at the moment. bitcoin prices rose better. even occur much price difference compared to the past few weeks.
bitcoin will continue to increase during the month of October of this. I am very confident .

There are  only two  options which our  speculations would go, its  either   be right  or not. And  if the situation would  go on our predictions we could really say that we  made the  right  speculation but if not then   its  normal  though hence price is really unpredictable though.

Yes its pretty nice and I hope we can expect more from it because I hope the pump will be better and that the price rises a lot more.
Of course we still have to see this but there is an chance that this will happen.

Yes. The bump is really awesome. It's seen. The price has started increasing. Its around $640 now. We already predicted that there will be a price hike end of this year as it happens every year end. Usually the price hike occurs after halving. But 2016 having has disappointed everyone. Many are still waiting to see profit to what they have bought and saved.

But it seems it stop again in $640 range. Like others say this is better that the price is rising slowly than jumping so high in a short period of time.

There might be a decent pump building up, however I have no idea personally if we are going to see $660 soon. It is possible, especially considering the pump we're seeing, but right now I'm not entirely sure what's happening. It might be interesting to see something come out of this, but again, just my two sense.

The price for the recent 30 days has been increased from $590 to $640 which is pretty good (+$50).

Maybe it is a pump but the price is going to be stable but I think that people are moving their funds from fiat to bitcoin recently because of the price crashes on local currencies.

For example 1 GBP was worth 1.33 USD and now the price crashed to 1.21 which in the stock markets is a huge drop, so when this crashed the bitcoin price has started to increase.

It seems the price of bitcoin keep increasing. I hope the price keep like that, it's around $640 right now. but if the price going down, i hope it will not reach $600.

Thanks, the part about the other currencies was something i didnt really knew. That is really some helpful information in making future predictions

so true . now there is an increase bitcoin. bitcoin prices rise high enough for a few days.
with the increase we can take advantage. and now it appears that the market bitcoin back showed positive trend.

This  uptrend   is  the thing that we are all hoping for because we could make  decent  amounts of  it when bitcoin price tend  to rise  up gradually compare  on the  state  a few  weeks or months  before which its price is  quite stable and  dont  move to big. We see this as  an opportunity for us  now and hope it would  continue a price increase rally.

According to preev its decrease again back to $638 and i think we will not experience huge price increase right now.maybe this following month on november we will experience huge price increase just like before the same happen last year.. If not this coming december it can be happen..

isn't necessarily a pump, since bitcoin is not a pump and dump coin.

we'll see if it lasts or not, but calling it a pump beforehand is probably too soon.

yes, it's true. maybe this is just a normal movement. because when bitcoin required then the higher the price of bitcoin. we should be able to choose how the bitcoin move.

It's a combination of everything I guess. Good sentiment, Segwit that might get activated this year, people expecting an end of the year rally, etc. People are buying themselves some coins now, so they can benefit at the time the price rockets up for real.

some movements for some people would sometimes considered abnormal. with the current price increases bitcoin, bitcoin market looks slightly panic. many people assume that bitcoin will continue to experience price increases. in fact many are speculating about bitcoin prices at the end of 2016.

Well of course, that what we called domino effect.  Once one action create an impact, either pump or dump, this will triger reaction to those who are observing the trend.  I think the demand of bitcoin and current price increase makes the people around it to speculate that it will increase continuesly making them do a panic buying which will create another bitcoin bubble.

a little heavy to say yes market looks much panic buyer that has the assumption that the price hikes will continue until the end of the year but is good with the pump continues or after the pump occur dump will comes so it will make easy to get profit than the price are sit on stable range.

Well until now the price still average of 640 usd and i think it takes a long time to hit that value right now..

Well predicted based upon the increase in accordance to the time, the same is my thinking about the price rise. Without doubt by this month end sure we'll be sitting within a range of $650 to $680. This time a big pump in price won't take place, just the gradual increase keeps the price stable with minor fluctuations.

When this thread was started a little over 2 weeks ago, bitcoins were worth about $600. Now they're worth about $640.

Either OP's original estimate was a little too high or the time frame too short, but not by much. Give it a couple more weeks.
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I'm amazed with $660 in the thread title, nobody mentioned $666 (until now that is!).

As a noted Nobel laureate once said, "the times they are a-changing".

Well predicting that the price is going to be at $666 well that is the number of the beast as we know if you read the bible.

But that is going to happen suddenly but it will going to move fast and not would be  stable at that price. Maybe after this week the price is going to reach to $660.

Did you really see the price rise by that fast i dont think you know allot about th ebitcoin b ecause i know for sure that he can lift a lot more than he is doing right now you know lot
s of poeple dont know much abouyt the prise.

the uptrend is real,there is no doubt about it
small correction after 640$ peak and we see tha the OP prediction is almost 100% correct,I doubt we would hit 660$ price mark next week
but I am sure that halving would have seen the BTC price gone much higher if not for the Bitfinex incident
what we see now is the market reaction to the abscence of the "stolen" coins en masse,if nothing major occurs the price is bound to hit 690-700$ by the end of the year

i think there is only 20 poionts lift to 660$ i think this time the price of bitcoin will even cross 700 in the month of October and may be cross 1200$ at the end of this year.

yes  that is right to say i think the new pump may e more that 660$ this time bitcoin is going to cross 800$ level in next month or two., so it is still good time buy bitcoin and then hold it for the price increase.

It's really good that there are people who really cares about the price of bitcoin and im the one of it but tbh i don't really care if the bitcoin price is still low or high as long as we can earn it for free and we are working hard to earn it but im can asure that bitcoin will become more expensive this comming month :)

Well op is somehow a good predictor as he predicted nearest to the price he has given and I am hoping that his prediction will soon to happen.

And as of now we just need to wait for the price to reach up to $660 and that is going to be a good price for those people who are able to hold a lot of bitcoins.

Actually speculating price gonna cross 1200$ by end of this year will be quite high prediction and may not become true. But i also think price will be well above $700 again before start of next year.

but to me i think bitcoin is going to cross 700$ just at the end of October, and after that the price is expecting more to raise more high and high.

It has to rise, or it'll completely fall because miners need the high price in order to get profit off mining rigs. If Bitcoin would fall to $300, mining will not be profitable anymore and they'll leave.

People there is some really good news!  ;D

Over the last week time, the Chinese gathered more faith in the current price. Their bidratio has raised steady to around equal 50/50. Now the thing is, BTC-E's is still holding strong. By strong I mean really strong!!. This is showing some good signs that Bitcoin will keep some steady grip at current price levels, and the even more increases are possible

Theira no doubt that price of bitcoin will became more expensive in many months coming but we cannot tell that in this early stage cause we can't predict its future since their are so many bad struggles that might cause the bitcoins price go down, but as of now we should enjoy first the benifits of earnings what bitcoin gives to us just forget the though's from future and let's just think what we can do to earn today.

Bitcoin price is really good nowadays and it keeping bumping hoping that bitcoin price will not fall apart in bottom it will makes us cry when this happen soon. Bitcoin price is really good we need more pumpers to pump the bitcoin so it will much more expensive when the December comes.

Think that 650 is next high for this weekend maybe or for end of this month
have high hopes

there 2 weeks left in october... anything can happen and no one can predict the future. $700 is achievable.

Yes it is good and I think that we can reach this amount pretty easily because we are just so close to it so why would we not hit it right, I have a good feeling about the fact that it will be hit!

I agree that bitcoin can probably hit 700 USD at the end of october.  The big possibilities because during october to december, price f bitcoin really increase.  So with this preference, bitcoin may hit 700 USD or even 800 USD as long as no bad press happen to pull its price back to 500 USD.  The price increase will be hasten if good news happen in contrary to bad press effect.

resistance shows that it can be the new stage but hoping to make it much better so i started to keep buying little by little
knowing that the possibility to increase the price was always present with btc investment.

if we look at the currency position of bitcoin it is really look like that its price will easily reach to 660 in next two weeks, as it is just 20 points away from that level.

Hope it will even pass $650 in two weeks coz i see price is stuck again and seems it will be stable again at $635 range. Lets see how long would it take for this stable perios. If the next rise will start again for sure it will hit the $660 soon.

True, bitcoins  price is  starting  to stable again its  price on $635-640 mark  but  i believe  it would  surely reach $660 but   it would take  another  more weeks for sure  the same  on the  past  months when  bitcoin is stabilizing its  price on $600 mark.

If the price of the bitcoin will rise to the 700 dollar i would be very happy becuase i bought them on a price of 400 dollar and that is really nice profit and i dont think
i would buy them again on this price.

I hope that is going to happen because i dont know what the future willbring to the bitcoin becuase 660 dollar is allot and when that will hit i dont know but they
are saying that he will hit.

maybe in end october 2016 bitcoin can incraese to 700 dollar every one bitcoin

To you it may seem as an easy target, but in reality it's not like that. Remember back in June when we were like $11 away from reaching the $800 level? People were saying that the next day it would finally happen, but instead, the price went down like crazy. ;)

If the price of the bitcoin rises that much in such a short period why would he not rise allot more some times becuase he is now stuck i think to many people are
holding their coins and that is not ok.

If the bitcoin rises that fast why is it not happening everytime becuase 60 dollars in just 2 weeks is allot of money why is the bitcoin not rising that much every time
that is such a shame i want a higher price!

i think that when people feel confidence they invest their money in bitcoin, and when the market take a little movement people believe that thr rake can raise to some high level there they put most of their money in bitcoin.

yes 660 is really possible, and we can see that it is now just 20 points away from 660 USD, so it can be cover just in a day or two, so we are expecting more that 660 USD.

$660 is just 20 points away but we need a very large buy order to push the bitcoin market price to $660.

Yes it would be nice if it raised even more but we still have to see this of course, lets hope this will happen and I have some good hope on that to be honest.

The pump is good and I think that we can expect the 660 dollar in 2 weeks its a price that can be reached easily, we are now not far from it too so that is nice.
We just have to be patient for a while now.

Yup this seems to be healthy price growth on the bitcoin price chart. I would like to say this as the price pmup due to early price pump due to Christmas and New year holidays. At this end of this year, We can see the price value atleast 750$ plus.

Recently price dumped / corrected back to $620 from $640 price range so it is quite likely $660 or even more can be reached in coming next pump after this correction. Price already have started to grow today near $630 right now.

We should get back to $660 soon, indeed. Whether that is a next bigger pump starting that yet remains to be seen. I would refrain from calling a pump a mere $50 growth at the current levels.

hoping for something to happen is one thing, and seeing something actually happen is something completely different. i think at this point we'll more likely see the price go down further. we may even test the $600 level again in the coming weeks. there is no upwards potential right now. support is also very weak. all that combined makes it not likely to reach $660 any time soon.

Good information you are sharing with us, and i hope the day will come within few days, because now bitcoin still in a good condition, and many chances that bitcoin will be come at $660, I feel that last 2 weeks are very important for bitcoins price wise, also it is good time for those kind of people who are holding the bitcoins for a long time, like me.

I hope that there will be a good pump and that we can make some profit within a few weeks from now.
It would be nice if it would rise a bit, for me it does not has to hit the high numbers but just a bit higher than now.

there will be plenty more opportunities ahead of us, no doubt about it. You just have to learn to wait for them. That is ain't all that easy as it initially seems.
But if your timing is good, you can earn quite nice profits relatively quickly. 

There was some confusion at the start of the topic regarding the termination 'pump'. I think everyone values that word in a different way. Though due to the value of bitcoin and the 'normal' daily swings which is nowadays not that much anymore - I refereed the word pump indeed for a 10% gain. I think that in today's value a 10% gain could be considered as pump, as mostly it reaches a new support level

how about this for a pump?

https://i.imgur.com/70e4ukd.png

two weeks period
volumes over 4000 traded,price movement less than 5%
still two pumps in my book
if the trend continues we shall see 700 mid November

The bump is really awesome. It's seen. The price has started increasing. Its around $640 now. We already predicted that there will be a price hike end of this year as it happens every year end. Usually the price hike occurs after halving. But 2016 having has disappointed everyone. Many are still waiting to see profit to what they have bought and saved.

Thanks for sharing the information so quickly! I think we clearly can be amazed by the price movement of bitcoin for the last amount of time. I have a feeling that if things don't happen to quickly we can see some good price prospects! ;D

I am seeing about more thread about bitcoin price pump on recent days. Its happy for the people who holded bitcoin in theor wallets. I would ask the people to buy bitcoins still because price will increases to 800$ to 850$ end of this year.

ye i am also agree with that that in next two weeks the price of bitcoin can really jump to 660 USD. as it is just 20 points behind from that level therefore it is not so difficult to reach to that level.

I`m feel much more optimistic then OP. I think we need to leave 600 behind us, we are here for to much time already. Price will go up in next two months, 660 dollars will come hundred percent, I`m much more curious where will price rise stop. Can we finally touch that famous 1000 $.
This winter will be interesting, things are happening around and some of those things can make bitcoin price increase and not just a little as you think.

I would say the rise is too small altogether to call it a pump. If you check your chart, both up jumps don't make it even to $60 combined, which would be a 10% rise.
Some noticeable volume indeed, but not a pump yet. I am still in the camp of these who say that 10% movements each way are still the normal Bitcoin behaviour.

Correct, for me  its  not   a pump though hence it  only  moves  high  up  to 10% which is  a  normal  movement on bitcoins price. A  pump usually called  if  it  move  suddenly a rise  on  15%-30% or even  more. Well its  my   opinion though   but still  its good to see that the price of bitcoin tends to move  now.

The sentiment around Christmas - New Year is usually positive, but we are still far away.
If you consider where we were at the starting of the year, we have made a lot of gains.

the increase is happening right now is the impact of increasingly widespread use of bitcoin. bitcoin user now has become so much more. demand will increase so raise the price of bitcoin bitcoin few days.

I think if bitcoin price continue to increase even at a single dollar per day, people will take notice and will start jumping to the new bubble train again.  It has been sometime since the bad press so we can think that bitcoin price will be in an uptrend in the following weeks until badpress happen again.  Bitcoin price will hit 700 USD soon.

like it here predicted in mid November it will be price over 700$
this uptrend is good more will buy so price will have to up every now and then i mean every day for few dollars is good as long as is steady and without any fluctuation in next period no sudden drops

Sudden drops will happen, as this is the free market. Sudden drops aren't a bad thing either, it gives opportunity to those who wish to increase their stack.

I agree with you on the uptrend that is clearly visible, though I think that resistance towards $700 range will become stronger, even more above $700

I agree with you . bitcoin price increase at this time is influenced by the increase in the number of users bitcoin. improvement continues to occur, even bitcoin users varies from teens to adults.

Though it was 4 weeks instead of 2, you were right, congratulations ;) ! I hope that at least you followed your own prediction and sold your house :D !

Currently, since this topic is outdated now, I'm figuring out to do a weekly speculation topic or biweekly. From there I will do the analysis for the Bitcoin price movement