Bitcoin Forum

Looks like the double top was broken, bullish trend confirmed and continues, any further dips are irrelevant, ATH is now unavoidable, after the ATH gets broken there will be no breaks, moon and jupiter and any possible known planets will not be an accurate indicator of the next big pump. Shorters will die in the attempt. Get ready to take off, party has not even begun yet.

Major discovery on planets 'beyond our solar system' coming from NASA


http://www.cbc.ca/news/technology/scientists-exoplanet-discovery-1.3992382

OKCoin/China and BTC-e are still lagging behind. This time there isn't Peking in the lead.
My charts at https://bitcoinwisdom.com/markets/huobi/btccny are flatlining, anybody knows details why?
Do not want to see another one biting the dust just now.

You must be sleeping under a rock (no offense).

This is due the chinese regulations and all the PBOC crap. They shoot themselves in the foot, now after the couple of dips that the PBOC caused, china is no longer the leading market, the 8888 top will be it, now Bitstamp and Bitfinex are about to hit a real new ATH.

Looks like the power of the next bitcoin pump is so strong that the price will become so big that it will create its own gravitational pull, we will certainly cross the moon and aim for an unknown planet.

The short positions will keep getting destroyed, so pay attention to whalecalls twitter for some fun.

Yeah, the next big pump will lead us to new ath/even higher! i think we'll see new ath next week or is it gonna take some more time?

Forget about using China as an indicator of price movements. They did cheat the market with fake volumes etc and i am glad the authorities are dealing with the problem. Now when this has come out and they can not continue pretending to be big players  we will have more " clean " price / value for bitcoin

Today we already have daily average ATH in Euros. It went ahead of 4th January 2017.
You can see more in this thread: https://bitcointalk.org/index.php?topic=138109.msg17921675#msg17921675

It will be in next few days also in USD.

By this we have crossed the all time high price that's been experienced during the year start. Now this time the market is growing irrespective of the China's bitcoin market. So the price seems to increase even more when the ETF is approved. Lets wait and look for the best thing to happen with our digital currency.

also you forgot to say that Btc-e (which has nothing to do with China by the way since it is probably Russian) is always lagging behind like a limp person!
for some reason people don't buy as fast and as much bitcoin on btc-e and it can be possibly because of the money deposit/withdrawal fees they have because i don't honestly see anything wrong with their platform and they way they respect the anonymity of their users.

https://chrispacia.files.wordpress.com/2016/01/giphy-1.gif


Patience and patience, by the time I'm satisfied with the price, of course increasing more will be very good

the low amount of shorting will be profitable, because there are a certain time of partial dropping, making shorters unlikely to die. however, this barrier is gonna be higher and ever breaking out, which means its price is increasing unstoppably.

$1200 for the new floor  8) 8) 8)

Seems to me the fundamentals are getting stronger, I really hope it's not a bubble this time.

It doesn't happen very often that people are so firm when it comes to hodling their coins. It's quite an achievement to see the market remains holding its confidence in a solid manner.

People shorting have no chance of pushing the price down as it gets back up right after a small dump. I believe that we will break through the all time high this month for sure.

But as we all know, it can't go up continuously without seeing a healthy correction. But before that, I hope we go up high enough to at least not fall back below $1100 taking that correction into consideration.

the notion of ATH is a bit lost to me, we are already at the All Time Highs withing $20 more because the last time price was this high we were experiencing a bubble and for me the real price of these days is always the All Time High not only because i wasn't around back then but also because this is a genuine price and can not go down.

That is right. The Western market is leading now.

i'd argue that the "Western market" has always been leading. but the difference is that before all this, the lead was easily overlooked by the fact that Chinese exchanges were reporting huge fake volumes.

so obviously when you compared them, it was like comparing 1 million to 1000 million dollar volume the first one was real and the second fake.
then they stopped reporting fake volume and it dropped down to 1 million real volume on par.

It is a bubble again, but who cares. I guess the only thing that changed on the fundamental side is the election of Trump for POTUS. It initally caused a stronger US$, but now it looks there are more fears about the condition of the US economy in such a uncertain political setup. Still, it is just a sentiment, yet it is enough to run another pump and enjoy it while it lasts. Ride the wave and don't complain you didn't catch it. I doubt $1200 would be the new floor.

yeah, the price is going to go to the moon for sure right now I mean it's only a matter in time when it is going to break the new all time hight, keeping all my bitcoins stronger than ever before.

People find it hard to deposit on BTC-E, and some people are nervous about it as they don't know who owns it.

If you are American or European, it is easier to use Bitstamp, GDax or the other exchanges.

We've hit $1160 two times in Bitstamp, all time high is only 3 dollars away ($1163) we need to hit that to make the graph look pretty, then we can continue growing towards $2000. ETF will sky rocket the price, if it fails, it will dip only a bit, so time to buy more.

Yup, China (trading-wise) is nothing more than just one of the others, where there is no role of significance anymore. I think it was about time that Chinese exchanges would be put to a stop as their manipulation was more than annoying and holding back Bitcoin's growth. It should give all holders a massive amount of confidence knowing that the reckless gambling behaviour of the Chinese exchanges is now nothing to be worried about anymore.

Why are you so sure it will only dip a bit if the ETF gets rejected?

IMO the rise in BTC since Dec has been all about the ETF, and if there is no ETF, what reason is there to hold up the price?

Zerohedge reported on this recently:

http://www.zerohedge.com/news/2017-02-23/bitcoin-10-days-row-surges-record-high

It's fun how they went from FUD to praising bitcoin again. It's obvious that it is a team of writers, and when the PBOC thing happened, someone panicsold and then was angry at bitcoin, now it has recovered, and praise it again. Doubters always get proven wrong.

Zerohedge's attitude is as volatile as bitcoin's price.

They were bashing bitcoin many times before, but when bitcoin is soaring against the current, when Chinese exchanges are not even working.
Zerohedge can't find any arguments to keep their FUD alive so they joined the choir of 'analysts' who praise bitcoin's potential during rough times.

when the pressure to keep the price down is removed price starts rising madly. and these so called "resistances" are broken one after another as fast as possible because the demand has always been there but was hidden with some slight manipulation.
p.s. 1154 and rising. lets see where it stops.

It is so much closer to the ath of all who believed it was once $1163-1164 range of mt. gox fallacy.
Well it is nearly there with $1157 and climbing.
All most there and looking to the sky for those planets and how far bitcoin can reach now..
to those other solar systems not just the moon here now! ;D

Touching $1163 on Bitstamp!

Edit: Never mind, blew right past it.

Attack on the ATH is in the cards, by no means. And probably we won't stop there.
Now the question is where the chartists will paint the top?

Ladies and germs we are moving up very fast. Is all good and happy days but it does not have leggs to stand on when 11th comes and ETF does not get approved it will look dark. So keep on your toes i know i will . Saying that lets all be happy our baby is flying at the moment

Clearly no one has any idea whats really going on....people spouting technical analysis, ETF analysis, people talking about to the moon....I certainly have no idea and it seems most of us dont