We are in green 7 weeks in a row first time in 2 years

[Hyena]

Weekly parabolic SAR in full bull mode. Volume has been steadily increasing for weeks now. And it is already higher than during the beginning of the last bubble. This is going to be humongous. 1000$ ATH will be dwarfed like a little bitch.

[1714101156]

1714101156

[Lauda]

Waking up to this price was certainly unexpected. It was pretty stable around $280 yesterday and it didn't move too much up or down. Looking at the market depth on Bitstamp right now, it certainly looks like the sell side has become weaker. I wonder if we could break $300. However, I wouldn't want us to go back down then. It does look like there is some resistance from $250 though. I'm pretty sure that it is also related to the VAT exemption.

Nejc Kodric, CEO of Bitstamp, said that the ruling "brings additional clarity and legal certainty to an economy which is still a work in progress".

[DiamondCardz]

What worries me is this:

Daily Change:
$8.86
+3.13%

At this price level, when we were recently seeing a really stagnant and slow moving price hovering around $250, daily changes in price like this just don't seem sustainable to me. If a rally starts, it's almost definitely going to cause a bubble.

[isvicre]

I prefer slow and stable raise after these green visuals. You know last time it raised too high... till it went down so fast.

[Hyena]

I prefer slow and stable raise after these green visuals. You know last time it raised too high... till it went down so fast.

I prefer exactly the opposite. I hate all those fuckers who didn't buy when BTC was undervalued. Those sheeple who only start to buy in when they read from the newspaper that bitcoin has risen 1000% in a couple of weeks. They deserve to lose their money for their greed and stupidity. They have a gambling problem and they need to be punished. When a bubble bursts it's a perfect punishment for the brainwashed swarm. I laugh at them every time it happens and it's a damn good laugh.

[NorrisK]

Thanks for sharing the graph There has been some good news regarding bitcoin in the last weeks and also the gemini launch.

What would you think will happen if we are in the green for another week? Will that be the beginning of the launch?

[1Referee]

For me there isn't any reason to have a fantasy about the price smashing through the $1000 barrier once again, at this point. My guess for now till after the halving is a max of $500-600. We might see $1000 in 2017.

[Dilla]

Excellent
Even if this doesn't start a massive bubble, which would be cool, I just hope this gets us out of the 2 year down tread and out of the 200-300 cycle. We are almost to 300, it will be exciting to see what happens!

When would the psar flip? Forgive my newbness.

[shamati]

Ok gys.  BIG BUBBLE NOW.

Looks like its up to $10,000 this time, not $1,000

Buy it now. Take loan on everything. Loan on your house. Buy it now guys, time running out.      

[Hyena]

Excellent
Even if this doesn't start a massive bubble, which would be cool, I just hope this gets us out of the 2 year down tread and out of the 200-300 cycle. We are almost to 300, it will be exciting to see what happens!

When would the psar flip? Forgive my newbness.

weekly parabolic SAR is about to flip into raging bull-mode at ~298$.

[pattu1]

For me there isn't any reason to have a fantasy about the price smashing through the $1000 barrier once again, at this point. My guess for now till after the halving is a max of $500-600. We might see $1000 in 2017.

It would still be a great run.
Double in 6 months. 4 times in 2 years.
That should be enough to make most people happy.

[smith coins]

I think if not today the price of bitcoin will reach $300 by the end of this month.
Current price in OKCoin exchange is $297.29 and i check regularly the bitcoin price in coindesk.
In the last 8 days there were 2 reds but a green immediately where after that.

[1Referee]

Ok gys.  BIG BUBBLE NOW.

Looks like its up to $10,000 this time, not $1,000

Buy it now. Take loan on everything. Loan on your house. Buy it now guys, time running out.      

That's why people should buy when the price is getting dumped to the ground. Better moments to buy than that is not possible. Those who were holding since sub $200 are enjoying this ride  

[meh32123]

Time for some down, me thinks.

[Hyena]

Buy it now. Take loan on everything. Loan on your house. Buy it now guys, time running out.      

That's actually not a bad advice. Student loans are easy to get but if you have already used that straw then perhaps local drug dealers, maffia and loansharks have some quick cash to give you without requiring collateral.

[Amph]

What worries me is this:

Daily Change:
$8.86
+3.13%

At this price level, when we were recently seeing a really stagnant and slow moving price hovering around $250, daily changes in price like this just don't seem sustainable to me. If a rally starts, it's almost definitely going to cause a bubble.

but you in reality, think that it will not starts right? it's another one of those fake run-up, that will suddenly stop and cause another dump

if we get exited everytime there is a mini pump in action, we are not so realistic aren't we?

[Mickeyb]

Damn, 6 weeks! I haven't realized it's that long. This looks promising guys! Not just looking at the charts but I just have this feeling as well. I have reached the threshold of my Fiat invested into Bitcoin and have sworn that I won't go over it, but maybe I need to think about it once again. With halving in front of us, this all looks very promising!

[randy8777]

it feels good to see people get more bullish after all the negativity we've seen for such a long time. let's hope we'll see the price go up more.

[BiteMyShinyMetalAss]

Ok gys.  BIG BUBBLE NOW.

Looks like its up to $10,000 this time, not $1,000

Buy it now. Take loan on everything. Loan on your house. Buy it now guys, time running out.      

That's why people should buy when the price is getting dumped to the ground. Better moments to buy than that is not possible. Those who were holding since sub $200 are enjoying this ride  

 Even 300$ is cheap, super cheap! So much invoation have passed in the past 2 years. Confidence was shaken with GOX and it took time to recover, i dont think 500-600$ are even the targets.... With coming economic crash, we may experience something BIG here!

[Bitplumber]

I personally am of the opinion that this is the final days of seeing bitcoin in the  200's. Ever!!