Bitcoin Price Surges Higher (& Higher)

[Coinbuddy]

The multi-day downside reverse divergence highlighted in yesterday’s analysis won out, and a Bitcoin price corrective wave low was struck. Price has now advanced impulsively above both the 1-hour and 4-hour 200MAs and the outlook is very bullish, but a consolidation below $240 and 1480 CNY has the market in two minds.

Read full: https://www.cryptocoinsnews.com/bitcoin-price-surges-higher-higher/

[coinpr0n]

I don't see a clear trend reversal yet, more like little corrections both ways. We're up a few dollars but nothing is certain yet I wouldn't scream victory just yet.

[nizamcc]

Whether it goes higher or not, but we are definitely not going down below $200 which beartrolls were barking all the time, and that's making every Bull feel proud considering the current situation.

[TPTB_need_war]

Whether it goes higher or not, but we are definitely not going down below $200 which beartrolls were barking all the time, and that's making every Bull feel proud considering the current situation.

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

And I am not a Bitcoin bear.

[Amph]

Whether it goes higher or not, but we are definitely not going down below $200 which beartrolls were barking all the time, and that's making every Bull feel proud considering the current situation.

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

And I am not a Bitcoin bear.

why everyone think that we must go to sub 200 first, before going to skyrocket, there is no reason for whale/miners to dump to that value, i think they are dumping small stash now, and let the price recovers everytime, after a dump, this is why you see those small swings

[unsoindovo]

Whether it goes higher or not, but we are definitely not going down below $200 which beartrolls were barking all the time, and that's making every Bull feel proud considering the current situation.

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

And I am not a Bitcoin bear.

why everyone think that we must go to sub 200 first, before going to skyrocket, there is no reason for whale/miners to dump to that value, i think they are dumping small stash now, and let the price recovers everytime, after a dump, this is why you see those small swings

...are months that we are in side range
the range is 215/300 dollars.
i think btc continue to swing between this range until he broke long, over 300$ or short, under 215$

[BTCevo]

Whether it goes higher or not, but we are definitely not going down below $200 which beartrolls were barking all the time, and that's making every Bull feel proud considering the current situation.

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

And I am not a Bitcoin bear.

I guess we are gonna raise for $1000 without touching $150. You can see the market for now, I think it will hold it just for a moment before it will going to the moon and hope everything is all according to the plan

[Q7]

Nothing is firm at this stage. People might be buying in response to the expected halving or it may be due to other reasons. But one thing we haven't discounted is the fact that miners are still holding on to substantial amount of bitcoins in their stash and will be ready to sell if the price goes higher. That is something we need to overcome before we can see price climbing further upwards.

[1Referee]

Whether it goes higher or not, but we are definitely not going down below $200 which beartrolls were barking all the time, and that's making every Bull feel proud considering the current situation.

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

And I am not a Bitcoin bear.

I guess we are gonna raise for $1000 without touching $150. You can see the market for now, I think it will hold it just for a moment before it will going to the moon and hope everything is all according to the plan

It won't reach $150 for obvious reasons. But the road to $1000 is still far away. We must be happy to see the price around $500 in 2016 after the halving.

[BTCevo]

Whether it goes higher or not, but we are definitely not going down below $200 which beartrolls were barking all the time, and that's making every Bull feel proud considering the current situation.

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

And I am not a Bitcoin bear.

I guess we are gonna raise for $1000 without touching $150. You can see the market for now, I think it will hold it just for a moment before it will going to the moon and hope everything is all according to the plan

It won't reach $150 for obvious reasons. But the road to $1000 is still far away. We must be happy to see the price around $500 in 2016 after the halving.

Yes that is so true. This is a long way to go $1000 but at least at the end of 2015 I guess the price will go to $500++ and this will attract other to play this bitcoin and just for a moment bitcoin will sure become mainstream and the price will be higher again

[LFC_Bitcoin]

I believe the year long bear market is over.
We're stuck in a 220-260 range for quite a while now, the market seems somewhat neutral atm.
What seems certain though is that the sub 200, double digit trolls have gone quiet lately.
I don't think we'll see sub 200 for a long time if ever again.
Just a hunch but I sense we could enter a bull market & a new bubble within the next few months.

[BlackSpidy]

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

No, I think we've seen bottom at $170-something. We're seeing a slow recovery. A stable recovery. Maybe we can get a dip into $150, I doubt that we will, unless something bad happens; but I think we're solidly in the $200-$300 range for a while. The whole year, even. Then the halving comes, and god know what will happen after.

[Amph]

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

No, I think we've seen bottom at $170-something. We're seeing a slow recovery. A stable recovery. Maybe we can get a dip into $150, I doubt that we will, unless something bad happens; but I think we're solidly in the $200-$300 range for a while. The whole year, even. Then the halving comes, and god know what will happen after.

it was 156 or around that, so we have already gone as low as sub 160, but was only a negative peak, and the recover was instantaneous in substance

[oser41eric]

We are in another deadcat bounce and not yet at the bottom for Bitcoin.

We are going below $150 (within several months) before we go to $1000 again some years later.

No, I think we've seen bottom at $170-something. We're seeing a slow recovery. A stable recovery. Maybe we can get a dip into $150, I doubt that we will, unless something bad happens; but I think we're solidly in the $200-$300 range for a while. The whole year, even. Then the halving comes, and god know what will happen after.

it was 156 or around that, so we have already gone as low as sub 160, but was only a negative peak, and the recover was instantaneous in substance

From what I remember on btc-e's flash it come down to 166 and I managed to buy a few at 170-175 as you say it was fast bouncing back, talking like a couple of minutes back to 180-190s. Am with you OP feeling bullish on bitcoin for the first time in a while.