Bitcoin Forum

Here we can see 3 crossings: about end of May, end of June and end of July.
Hense the poll

https://i.imgur.com/9NNwfRc.png

(Clarification about options 1 and 8: They are just poll options, rather than spreading lies :))

its difficult to say when another 'uptrend' will start because we recently broke out of the bull run that we have been having in the past 2 years according to lots of indicators on the weekly chart. there's no line to follow where we will find the next leg because we are out of legs. a very strong and persistent base needs to be found somewhere to dig the roots for the next multiyear uptrend. i see a lot of sideways and jigsawing action in the future. 250-300 is probably a pretty strong area.

The uptrend cant be predicted with technical analysis.. as it is trigged with news.. like one country adopting it or china unbanning

Soon at least getting to that stage in the cycle where I see hope from despair sentiment moving around

The chart shows that the next 4th red candle might be a long one  ;D

BTC is more and more in the mainstream. Price can only go up.

But why the news were happening every 8 months?

Right! Sell !!!  ;D

thats actually not true. The buying pressure was there long before the news was there in the previous bubbles.

i do not understand this logic

When we get a nice soundtrack that makes people feel bullish to buy more Bitcoins  8)

Right. Ducktales - Moon Theme has been exhausted I guess

You can't predict this trend reversal by drawing lines in graphs. Support points aren't static in an highly dynamic market. And anyway, most of the "support points" here don't even qualify as real support points. Dropping hasn't stopped there because of strong buying resistance, but because the biggest sellers have just stopped selling to wait the price to rise, so they can sell with better profits.

There has to be an event that will give a strong boost to demand. With the loss of gox customer funds, bitcoin lost the trust of the general public. This means that no new buyers entering the market system.
Currently, there is a lot of supply piling up, because miners are holding and waiting for better times to sell. If the demand boost event won't happen soon, then they will start to sell their coins to cut their losses and move on, one miner at a time.
I think that the main mistake that bitcoin speculators make, is that they can't see the difference between 2011 and 2014. They think that the same mechanisms and rules apply now, that applied then.

It could start any day you know  ;D

Not in 2014
Too much bad karma and negative news flow to get on top of
New momentum hopefully in 2015

I had a vision when I was drunk in March. It looked something roughly like this. Down to $270 I believe.

https://i.imgur.com/8GTeqwf.png

Now! Already + $15  ;D

please not start yet
i wait until 15th to get cash for buying more BTC ;D

So, do we cleanly break below the 365-day EMA for the first time since the third quarter of 2011?

http://www.bitcoincharts.com/charts/bitstampUSD#tgCza1gEMAzm1g365zm2g25zl

Now! We're going to the Moon  ;D
Where is Moon emoticon?

Moo00ooN!!!!

In uptrend since beginning...  Unless you choose short intervals :)

Should I start panic buying yet?!?!

That's for you to decide.  But don't be left in all fiat.  If you look back, that is always people's biggest regret.

Buy high sell low  :D

In a massive long-term Bull market the biggest surprises are to the upside.  :)
How close are we to the bottom....$100 maybe almost $200? (and the bottom might already be set = trend is up)
How far are we from the last major high....and the next one?

Don't be a lemming:
Buy when the crowd is negative.

Ooooh I wanna buy more BTC!!!  I have a bunch already though so it's really hard to justify... I think I might drop another grand in a couple weeks though.

No more Raman nOODLE fud

Uptrend offically starts today  8)

EDIT : Just hit 450 on stamp ....This rocket has left the launch pad ......Go for throttle UP :D

(little bit over excited )

Not yet. Usual low volume and we are not even at 500 yet. Way too early to get excited.

I know I know ...just getting in practice ... I really do feel we have stepped out of the tunnel and coming to terms with the light that is shining all around us

the 10th will be a 10% + day and break 500 :D

For that, we first need to get above 450.

Our Chinese overlords usually start the pump & dump sessions in the next 2 hours......lets see what our masters feel like today  :D

450 on stamp!
Really, I need to look...
BTC-e.com is only ~436: Buy there now if you can.

Buy high, sell low...but make up for it with lots of volume.

Well there's no real opportunity right now.

There might be some in future. Especially in independent Scotland

Don't be sad, bulls, it wasn't the first time that reality disappointed someone. And, unfortunately, I have a slight suspicion that it won't be the last.

Well reality seems to change quickly its kind of fun how in only two weeks we have went from a pretty bear market
Towards one that is starting to turn into a bullish one
Shows how a little bit of time and a bit more longer attention span can sometimes reverse the tide :)

Yep, if we will continue like on the last days then in upcomming 48h we should be on 600$ ;)

The uptrend has started, things move fast in the cryptoworld. We are very near 600$ now

Long live Bitcoin
Honestly it is a fun ride has its downtime uprises and it moves all over the place
That said it is innovative so got to love it :)