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

[poncho32]

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.

I think it will pump above $800, and maybe above $1000 before next March. It might carry on flat for a few more months though. Predicting the exact timing of pumps is impossible, but the trend has been up all this year, and it will probably carry on up all next year.

[Hugroll]

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

hmm that sounds reasonable. bitcoin has been stable for too long i hope you are right. as long as the price is rising at a stable rate ill be happy.
Hoping for 700+ before year ends though.

[Schuyler]

We are all in a wait and see mode, and hopefully your prediction is correct. It has been a rather "boring past few months", kind of uncharacteristic of bitcoin. I am about to sell most of what I have, and willing to wait a little more to see where the price will be at a few weeks from now.

[milewilda]

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.

Its better  to invest on  small amounts than no  investments at all.  You could actually gain profits  with it even we invest on bitcoin on small amounts but   its  much more better if  we invest more. As i saw on the chart the trend is  going up and hopefully it would rise up in the end of the year.

[pooya87]

it is going to happen sooner or later, and that much is for sure but about the timing i have to say i never liked speculating about the time like this from the charts because in most of the times the speculation never comes true and all the lines shift towards a new speculative time.

[1Referee]

I think we'll stay hovering around the current levels for a few more weeks. There is not much right now that may indicate the price going above $650 levels. We need more patience.

[talkbitcoin]

I think we'll stay hovering around the current levels for a few more weeks. There is not much right now that may indicate the price going above $650 levels. We need more patience.

well, it is time for a new upward movement anyways.
there has been enough time spent on this price level around $600 and also there have been some pretty good price drops to lower than $600 mark that helped the traders to accumulate a lot of cheap coins so the time for rise is near because they are all ready.

[ArmyofFUD]

I think we'll stay hovering around the current levels for a few more weeks. There is not much right now that may indicate the price going above $650 levels. We need more patience.

well, it is time for a new upward movement anyways.
there has been enough time spent on this price level around $600 and also there have been some pretty good price drops to lower than $600 mark that helped the traders to accumulate a lot of cheap coins so the time for rise is near because they are all ready.

agree with this. There has been a long time since th drop from 700 for the market to settle.

[1Referee]

I think we'll stay hovering around the current levels for a few more weeks. There is not much right now that may indicate the price going above $650 levels. We need more patience.

well, it is time for a new upward movement anyways.
there has been enough time spent on this price level around $600 and also there have been some pretty good price drops to lower than $600 mark that helped the traders to accumulate a lot of cheap coins so the time for rise is near because they are all ready.

The difference between you saying it is time for a new upwards movement, and with how the reality is at this point, are both on a completely other level. That being said, I actually don't mind seeing the price stay at current levels for a few more weeks. This stability is great for people using Bitcoin as currency.

[Denker]

I think we'll stay hovering around the current levels for a few more weeks. There is not much right now that may indicate the price going above $650 levels. We need more patience.

well, it is time for a new upward movement anyways.
there has been enough time spent on this price level around $600 and also there have been some pretty good price drops to lower than $600 mark that helped the traders to accumulate a lot of cheap coins so the time for rise is near because they are all ready.

The difference between you saying it is time for a new upwards movement, and with how the reality is at this point, are both on a completely other level. That being said, I actually don't mind seeing the price stay at current levels for a few more weeks. This stability is great for people using Bitcoin as currency.

And you think they will stop using Bitcoin as currency when it starts to move up again?Come on!!
Bitcoin is barely used as a currency at the moment, no matter what the volatility is!
Right now imo for the overwhelming majority it's all about investment and speculation.
So let the price move up or down, it won't matter that much.

[1Referee]

I think we'll stay hovering around the current levels for a few more weeks. There is not much right now that may indicate the price going above $650 levels. We need more patience.

well, it is time for a new upward movement anyways.
there has been enough time spent on this price level around $600 and also there have been some pretty good price drops to lower than $600 mark that helped the traders to accumulate a lot of cheap coins so the time for rise is near because they are all ready.

The difference between you saying it is time for a new upwards movement, and with how the reality is at this point, are both on a completely other level. That being said, I actually don't mind seeing the price stay at current levels for a few more weeks. This stability is great for people using Bitcoin as currency.

And you think they will stop using Bitcoin as currency when it starts to move up again?Come on!!
Bitcoin is barely used as a currency at the moment, no matter what the volatility is!
Right now imo for the overwhelming majority it's all about investment and speculation.
So let the price move up or down, it won't matter that much.

Please stop spamming, and learn to read and understand it before you post. I didn't say people will stop using Bitcoin. Fact is that when the price is relatively stable, people are more likely to spend their coins and feel good about it. If they spend coins and the price goes up considerably after that, people will feel less happy with the decision they made to spend the coins. All because people still see Bitcoin more as an investment tool rather than a currency tool.

[Superbitzz]

i think yes i can also expect the price of bitcoin  above 660$ in next few days, therefore investing in bitcoin is not a such a big issue, i think you should help your friends in sung bitcoins.

[Shiroslullaby]

Im definitely expecting a price of $650 by the end of the year or start of 2017.
I would be very surprised if it didn't happen,
and any of the people predicting a crash in price are either crazy or have some sort of agenda.

[maku]

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

The problem with this charts is that we this year is year of halving, last year was just another year.
You didn't include this in your calculation - also I don't belive that similar charts are good enough of proof that we are ready for another advaceing move.
Someday yes, but the same idea: "market is consolidating now, wait a week for a pump" is being repeated for a month or so.

[Johnyloco]

Im definitely expecting a price of $650 by the end of the year or start of 2017.
I would be very surprised if it didn't happen,
and any of the people predicting a crash in price are either crazy or have some sort of agenda.

Yes, some people indeed have a hard time understanding or have their own agenda.

Because last post said that my comparison was not fair:



This is the 1 year trend as posted, combined with

trend from januari 2015 - sept 2016
2 year trend sept 2014 - sept 2015

Now what are people trying to say. We are at a good level, and all these 3 trend lines show a strong movement to stay above current rate.

Now for the nonbelievers, im not going to include the 1200$ pump, to fulfill the needs for your agenda.


~Both 1 year and 1.5 year trend line show STRONG upward movement
~ 2 year trendline indicates, that since we've spend the time on the downtrend, and finally reached this level it's time for a movement above the trend line

[rockstar338]

I have to admit that i better understand what your saying now

[bajing]

Fantastic analysis and i believe it you are a good trader but i'm not agree to hope see a dip price in the middle of november if that's happened we only has less time to hope seeing pump would take a lead after small dip shown.

[Icathia]

We are all in a wait and see mode, and hopefully your prediction is correct. It has been a rather "boring past few months", kind of uncharacteristic of bitcoin. I am about to sell most of what I have, and willing to wait a little more to see where the price will be at a few weeks from now.

Lets hope on some nice prices, I have some doubts about the fact that the price is gonna rise to a higher amount but lets positive people and have some patience and hope on it too.

[Hellacopter]

We have to wait and see, but most likely the Bitcoin's price will continue increasing again and it will reach 1000$ or around this price by the end of this year.

[mindrust]

789$ was a pump. We are in the normal timeline right now and it is building up slowly. (till another exchange hack at least.) Agreed with the general direction though. No doubt we are headed upside. It will just take a few weeks to get there, maybe months. If any sudden pumps happen till then it could be an opportunity to make profits.