Bitcoin Forum

http://bitcoincharts.com/charts/bitstampUSD#rg60ztgSzm1g10zm2g25zv


As you can see, and probably already  know, we had a good 2 and half days of trading where BTC went from 400ish to 500ish. Then came the weekend(Thursday 17th) and now its been sunday/holiday for 5 days.

So, any ideas? I think we will see a small rise, 10-15% for at leat 2-3 days.. maybe more.

I'd like to see it rise to the $550 range but I doubt that will happen. Maybe towards the end of the week.

Banking is more relevant in times during heavy bull market rallies when there is actually fresh fiat pouring into the market every day,  and less relevant during bear markets and sideways markets when coins are just switching hands between different traders.

Umm isn't today Monday the 21st of April?

Edit: you made me triple-check my calendar!

Whats Your point? Title clearly says Tuesday 22nd.  8)

>$600

Very possible that it will rise to $540-$580 by April 28. Let's see...

In one day? Doubt that.

I doubt it too, but in this land anything is possible.

November 19 (low $378, high $755). Anything is possible.

I'm predicting the same window ..! but we never know with bitcoins it might fall to 400$ mark again or get pass 600$ mark by the end of this month ..! lets see if we get to hear any good news.

I predict many children staying home to finish eating their Easter chocolates.  ;D

We'll see who's right tomorrow, won't we? :P

It is now the 22th and NOTHING HAPPENED1

Lol, it's not even the 22th here, go to bed give it 14 hours and come back again.

31th January also nothing happened :D

Why would the first day after holidays be so special?

These dates makes me laugh... a few days after 31st January price went down sharply. I sense a lot of blood and bear rally :)

Charts might agree with your sixth sense.

I think that it wil drop  :(

Nothing "happened". I am surprised to be honest. Thought there would be a bit of action upwards or whatever but seems to be just as dull as any sunday thats passed..

It usually is a bad sign when volume is that low on a Tuesday.
$400 here you come Weeeeeee..

Yes 'usually'.  But this Tuesday is unusual because many people are still occupied with Easter.

Yeah, this tuesday is a monday. So, let's see tomorrah :)

The real answer is that the banking system does not move at the speed of the internet. Anyone who wants to buy has to wait a few days for fiat to arrive.

This is a GREAT sentiment/contrarian indicator!

I guess depends on market more than market depends on these trends..! i mean to say if bitcoin goes up to new ATH the more people will search the term and the chart will go up like it shows in last November.

Interest in BTC will return when it dips below $200-300. It's been exposed well enough that CNBC and FOXBusiness were reporting on price movement daily. If we're having a hard time keeping up $500 with the exposure BTC has had over the last 12 months, you better believe the interest from small money has sufficiently dried up. And that's scary, trust me. Before the rally, most people never heard of BTC. I would say that has completely inverted and yet, still we are entirely dependent on action from China to sustain current valuations.

give it some time, when i first heard about bitcoin i didn't invest in it immediately either, and pretty much noone does.

It takes a while to realize the potential, and then it takes a while to realize you should not wait too long with buying.

That might have been true during the run up, but when you have 5-6 months of downward trajectory the sentiment becomes "wait and see how low it goes," not "I better get in before this reaches a new ATH."

At the same time though, when People see its going up just a few days in a row People will rush to the door to get in. All it needs is a trigger.

Not likely. These past "rallies" have been short-lived, which indicates to me this valuation is hardly considered "cheap" as some might say.