How did the price go up from $33 to $43 so fast?

[b!z]

W-what happened last week? What did I miss?

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[mornaner]

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:

[phatsphere]

so, this looks like a symmetrical triangle. right?
http://www.investopedia.com/terms/s/symmetricaltriangle.asp

[elux]

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

[mornaner]

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).