Is see the new pump is building up, $660 in 2 weeks

[Johnyloco]

When I look at the 1 day graphs of multiple exchanges, I see that the new pump is being built up. Final resistence will be bought of in about 2 weeks, giving bitcoin a fair chance to hit last support high of $660

According to past events, the price will swing gently from that point, I expect than a small dip around half november, while after that the price will continue to stable rise

UPDATED OP:

[Johnyloco]

1 year trend line zoomed in on current events. Shows that trend from september 2015 till now. Bitcoin will reach $660 level very soon

[dunfida]

Nice observation though and  somehow a good  prediction  on bitcoin price that  it would  rise  up on $660 on this year. Well  its good   to reach  that price though but it would be more goo d  if  it surpass even more  on that price point. Well,  we just wait  and see on the  price on year end.

[~Bitcoin~]

Nice ananlysis, although i am not that good at reading trading charts and predicting pumps/dumps but a stable price for more than a month showing strong accumulation in this price range so a good next price pump is likely to happen.

[Johnyloco]

This is the full trendline as of above. The line is formed from 1 sept 2015 - 1 sept 2016.



It is very positive to see such a strong trend line over a one year course. It is clearly visible that the adoption of bitcoin is going strong, and that whenever negative events happen, people still stand strong!

[Ayers]

i think you don't build a pump you build the price slowly, so this is not a pump, a real pump happen suddenly and without real reason, and after that a dump happen in the same way

[Johnyloco]

i think you don't build a pump you build the price slowly, so this is not a pump, a real pump happen suddenly and without real reason, and after that a dump happen in the same way

No okay good point. Pump wouldn't indeed be te good description. Though the graphs show clearly that this has nothing to do with rising for no reason. The strong trend line suggest it's 1-% rise in the next month, since the trendline is so strong

[Red-Apple]

This is the full trendline as of above. The line is formed from 1 sept 2015 - 1 sept 2016.



It is very positive to see such a strong trend line over a one year course. It is clearly visible that the adoption of bitcoin is going strong, and that whenever negative events happen, people still stand strong!

finally someone has realized that you should zoom out of the charts and look at them from afar to see what really is going on sometimes.

nice charts, and also thanks to OP for creating this topic although his chart was not as good but it gives the general idea anyways.
i am not sure about the 2 weeks timing but this will happen soon.

[harizen]

Chart lines and other indicators are nothing if there's a pump happening since it's a rapid one and instant*. Even you took the analyzation for yearly, monthly, weekly and daily average it can't say that there's a pump around the given time. It just show some continous accumulation around the certain price which is good for deciding whether to act bull or bear.

*only applied for cryptos but not on fiat currency trades

[thejaytiesto]

Yep, it's pretty obvious we have whales at work here trying to keep the price under 600 to keep buying, they have been buying for months now and things are getting ready to explode once 0.13.1 goes live and segwit is activated, then the march towards 1000+ begins.

[fatima zuhra]

yes i hope so, i think bitcoin will really cross the 660$ in next couple of weeks and it is also expecting that the price may even cross the 1200$ in next few months.

[rockstar338]

Oh, that looks good. I dont know what happen next, since new to bitcoin. I wonder what will happen though, still i dont own much

[john2231]

I hope that  the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..

[Johnyloco]

I hope that  the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..

In the end we will see. November could also be it. Atleast we can be sure to reach a higher support level at the end of the year which is nice of course

[thelord12]

I like to see a positive sign  I invested 0.1 btc so it would be cool if it rises a bit so is lil more pocket money

[amacar2]

I like to see a positive sign  I invested 0.1 btc so it would be cool if it rises a bit so is lil more pocket money

Yes but this is very little amount of bitcoin to get noticable profit over bitcoin pump. As even with 10% rise in price you may only get around $5 in profit around. But nice move you have made, try to keep on buying that you can till price is cheap.

We may see a good pump anytime soon after long  weeks of swinging.

[Bitcoinsummoner]

I hope that  the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..

In the end we will see. November could also be it. Atleast we can be sure to reach a higher support level at the end of the year which is nice of course

Yeah right i hoping for the price increase this coming november and december i just relay in old chart from 2015 there is a littlebit the same so i think the price will increase too in november so 700 value is more price increase will happen this year.

[john2231]

I hope that  the price will hit in 660 in 2 weeks but i feel that the price wont change and it will still stay at the present price i think the price will change in november so 2 weeks is not enough to wait..

In the end we will see. November could also be it. Atleast we can be sure to reach a higher support level at the end of the year which is nice of course

I just feel that the price will boom again just like before or last year and get down before end of november and increase again back before christmass..
I am not 100% sure that the price will increase its just my speculation..

[Catmony]

I think the next new pump will be of higher value i mean price may jump to over $700 looking at the trend price have recently.

[V1saya]

I only hope for the continuous rise of bitcoins because high or not im buying/selling it due to my investments in cryptocurrency. I guess there is no escaping in bitcoins especially if you have investments in altcoins.