Bitcoin Forum

http://hawaiinewsdaily.com/2012/01/breakout-in-the-bitcoin-race/ (http://hawaiinewsdaily.com/2012/01/breakout-in-the-bitcoin-race/)

After a rally from 0.003 $ at the start of Bitcoin trading to 31.89 $ in June 2011, Bitcoin prices declined for 4.5 months to just under 2 $ in November 2011.

Many people in the media called bitcoin death at that moment.

But… since the November bottom, the Bitcoin exchange rate has advanced versus the US dollar by more than 300%, from 2 $ to 6-7 $ per Bitcoin.....

Thank you S3052 for all the work that you do!

Thanks, always trying my best to support the bitcoin economy, whether prices are due to fall or rise.

By the way:

To all:
If you have a suggestion for an interesting topic about financials / trading, etc. related to Bitcoins, let me know. It may be appropriate for another article.

I would like to see gold/BTC an silver/BTC analysis.

Yes :)

http://i42.tinypic.com/xe4yfm.png

Ascending triangles are usually a Bullish formation. Expect the breakout to be to the upside. ;)

Ascending triangles are usually a Bullish formation. Expect the breakout to be to the upside. ;)
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I was about the post the same. Someone just needs to make it happen.

Can't drop, I just bought  :D

It looks more like it could drop now than any time in the past 2 hours.  I expect if it happens it will be short lived.

let it be decided by the first one acting...

ps: the green line is to high

does this mean with a moderate amount of money one can start a rise/fall by buying/selling and later profit by doing the opposite?

In theory, yes.