360$ , what going on ?

[MissionPhailed]

Certainly didn't expect this ... ! $45 up in just one day is pretty significant. Too bad I wasn't online the previous hours and thus missed a nice oppertunity to earn some crypto/fiat. Seems like the 'rollercoaster' hasn't finished just yet.

[Echye]

Whatever it is, I hope it keeps up

[Biodom]

"The Big Short"
Premiered in NY and LA two days ago.
Financial guys slept on it...then started buying BTC.
Oh, and according to one critic:

don't expect to leave the theater without getting angry about the past, terrified for the future and realizing how “bank” is a four-letter word.

http://mashable.com/2015/11/17/the-big-short-review/#MfWGuhUtLPqQ

Interesting ...

[n3o111]

Whatever it is, I hope it keeps up

If it has grounds, it will be. We don't really know yet which speculator effected the price and what for. Only time will tell, but I'm glad to see bullish moves again.

[AndySt]

Today was the surge but trying to keep this achievement failed unfortunately. Waiting for what will happen tomorrow for all anticipated Friday coming up.

[mirana12345]

Yeah, what's going on; we were trading at over 1000$, after which there seamed to be nothing but a year and a half of nothing but downtrend ?
It surprises me that people still get surprised by these somewhat low tanks of the price, when it is a natural thing to happen, given the facts of bitcoin structure and recent global interest..
Even the banks are starting to get scared ! Hello people !! It's just a matter of time when we will start talking about price in xy thausends USD, and not just few hundred bucks for something so revolutionary

[MatTheCat]

I called this last week.

My strategy: Buy and hold because we will break $350 soon. Best of luck.

There is definitely a reason behind this madness, which I can not share.
But yea, still a great time to buy-in. Enjoy the ride.

I would take heed of what the Morecoin Freeman states!

He don't provide no TA, or fundamental reasons for his predictions, but he generally isn't far off the money.

But for those who like TA....go check out the nice big fucking W formed on the dip....especially so on the CNY exchanges, (Huobi ignited this ramp). 1 Day MACD is point UP, other 1 Day momentum indicators are erect, and growing....$370 (38.2% retrace) is very likely to be breached, and if u go by Fib Levels, then the 61.8% is up at $420.

[EternalWingsofGod]

So what's going on , just yesterday when I came back form school I checked preev and it was like 325$ or something like that , and now I checked once again and the price seem to be 360$~ .
In your opinion , what exactly caused this ? and is it going to continue like it did before till it reach 500$ or something near that .

Shopping, and the Chinese what else
Either way Bitcoinblackfriday is only a little bit away now so I am glad for the price increase as it gives me a chance at a better deal

[OmegaStarScream]

From the minute I made this topic , the price started to go down and down and now it's back to 351$ , for a second I thought it some kind of market manipulation which I hope it's not .
according to http://bitcoinblackfriday.info/ we are 55 minutes away from the Black friday , I hope price will increase more and more after it .

[azguard]

From the minute I made this topic , the price started to go down and down and now it's back to 351$ , for a second I thought it some kind of market manipulation which I hope it's not .
according to http://bitcoinblackfriday.info/ we are 55 minutes away from the Black friday , I hope price will increase more and more after it .

is stable for now in several hours, but who know it might pop like rocket or just stay or even drop down
hopes are to go up cuz massive purchases but this doesnt need to be the case

[pitham1]

The price has been stable for a while and prepared for the rise for some time. So maybe its time for a small push.

It was stable at $320-$330 for hardly a week.
Of course, stability for a week is something big when we are talking about Bitcoin. 

[nydiacaskey01]

In just 2 hours from $340 up to $360 now.
Looks like there really is some pumping and dumping happening this Black Friday.
So should we buy to anticipate further climb of BTC rate?

[YouScam]

Thanksgiving and black friday. That's what's going on. Whales pumping so they exit a lil bit later on a higher price, before retailers start exiting. They will be buying much cheaper after this weekend.

[bitlancr]

I'm curious to see what today, black friday will bring.

We went up a bunch for 1 day yesterday, which was thanksgiving. We'll just have to wait and see what today will bring us.

[Patatas]

Hasn't affected much as for now .Still waiting for first major peak of the day! So far its been all right however I expected it to cross $400 by now .Let's hope for the best .

[dre1982]

moon

How many times are people gonna say moon after such a small raise??? Just go shooting for moon after the price is double within 4 hours. 

[dloghwak]

moon

How many times are people gonna say moon after such a small raise??? Just go shooting for moon after the price is double within 4 hours.  

People had just not enough opportunities to scream moon the last 2 years. Don't be too harsh with the bulls.  

[dre1982]

moon

How many times are people gonna say moon after such a small raise??? Just go shooting for moon after the price is double within 4 hours. 

People had just not enough opportunities to scream moon the last 2 years. Don't be to harsh with the bulls. 

Ok I am sorry. I will shout moon too from the rooftops tonight when everyone is asleep. 

[dloghwak]

moon

How many times are people gonna say moon after such a small raise??? Just go shooting for moon after the price is double within 4 hours. 

People had just not enough opportunities to scream moon the last 2 years. Don't be to harsh with the bulls. 

Ok I am sorry. I will shout moon too from the rooftops tonight when everyone is asleep. 

That is a really wise decision my friend.

[dothebeats]

Probably a pump caused by the nearing black friday event. Looking from the previous charts, this scenario happened too, only to be followed by a dump after the event.