Bitcoin in RALLY mode

[S3052]

this is a great visual, and fits perfectly to the rally mood

[unclescrooge]

Right, and the chart prediction for a breakout to the upside proved right, supported by the high volume.

Next big target is the all time high around 0.08

This is funny to read posts this old. All time high of 0.08 dollars! lol...

[Phinnaeus Gage]

I don't see how this can last. 100,000 BTC in bids+asks on MtGox, but 7,200 BTC are created every day. The market just can't absorb it.

Of course, I've been bearish about the market since I was selling (below the normal market rate) at 0.003.

Damn! Wish I wasn't muskie fishing up in Wisconsin that day.

[Bitcoin Swami]

Wow people were talking the same way back then that they do now

[StewartJ]

Right, and the chart prediction for a breakout to the upside proved right, supported by the high volume.

Next big target is the all time high around 0.08

This is funny to read posts this old. All time high of 0.08 dollars! lol...

Makes you wonder, will be laughing 6 months from now when BTC is in the $50 trading range?

"Why oh why did I not buy at $14.50... doh !!!"

[S3052]

You are so right..

Bitcoin remains in rally mode, and this has nothing to do with the bitcoin conference.

The technical fundamentals are strong and point to a further rally of bitcoin price