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Title: How did the price go up from $33 to $43 so fast? Post by: b!z on March 08, 2013, 12:27:41 PM W-what happened last week? What did I miss?
Title: Re: How did the price go up from $33 to $43 so fast? Post by: mornaner on March 08, 2013, 12:54:35 PM Much more than that raise: The price peaked at 49, crashed to 35 and rebounded to 45. Then slowly stabilized at 43.
Take a look at this: http://www.bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=10&i=&c=1&s=2013-03-01&e=2013-03-08&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& Title: Re: How did the price go up from $33 to $43 so fast? Post by: phatsphere on March 08, 2013, 01:31:38 PM so, this looks like a symmetrical triangle. right?
http://www.investopedia.com/terms/s/symmetricaltriangle.asp Title: Re: How did the price go up from $33 to $43 so fast? Post by: elux on March 08, 2013, 01:38:44 PM Much more than that raise: The price peaked at 49, crashed to 35 and rebounded to 45. Then slowly stabilized at 43. Stabilized at 43? 2011: http://bitcoincharts.com/charts/mtgoxUSD#rg10zig2-hourzczsg2011-06-01zeg2011-06-10ztgSza1gEMAzm1g10za2gEMAzm2g21zi1gMACDzi2gRSI 2013: http://bitcoincharts.com/charts/mtgoxUSD#rg10zig2-hourzczsg2013-02-27zeg2013-03-08ztgSza1gEMAzm1g10za2gEMAzm2g21zi1gMACDzi2gRSI Title: Re: How did the price go up from $33 to $43 so fast? Post by: mornaner on March 08, 2013, 01:45:42 PM Much more than that raise: The price peaked at 49, crashed to 35 and rebounded to 45. Then slowly stabilized at 43. Stabilized at 43? 2011: http://bitcoincharts.com/charts/mtgoxUSD#rg10zig2-hourzczsg2011-06-01zeg2011-06-10ztgSza1gEMAzm1g10za2gEMAzm2g21zi1gMACDzi2gRSI 2013: http://bitcoincharts.com/charts/mtgoxUSD#rg10zig2-hourzczsg2013-02-27zeg2013-03-08ztgSza1gEMAzm1g10za2gEMAzm2g21zi1gMACDzi2gRSI Well, I was talking in terms of a week. That's why I used the term slowly, nothing can happen slowly in a week. I don't know what will happen in the future (although I believe the price will drop). |
