Bitcoin Price Is Now Moving Up

[xianbits]

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

[pitham1]

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

It has shot up to $870 now. The price seldom moves slowly.
There is talk about it being related to Trump's inauguration, but I don't think that is the case.

[xianbits]

Sorry but, how would it be related to Trump??

[Dakustaking76]

How the heck in world is it possible it rise from 800€ to 830€, i mean whats going on that the price rise up now again??

[notme]

How the heck in world is it possible it rise from 800€ to 830€, i mean whats going on that the price rise up now again??

Shakeout over, resume the rally .

(Disclaimer: I am indicating the sentiment behind this move... I'm not claiming we are going straight up from here)

[Watari]

How the heck in world is it possible it rise from 800€ to 830€, i mean whats going on that the price rise up now again??

sounds like you better don't invest in bitcoin if this confuses you already ...

[Dakustaking76]

Yea iT confuse me much, we had a fall like a rocket and now its increasing like rocket

I want to know Why its going up ?
Will iT fall again? Öre is iT over..

Thats confuse me

[unknown04]

Yea iT confuse me much, we had a fall like a rocket and now its increasing like rocket

I want to know Why its going up ?
Will iT fall again? Öre is iT over..

Thats confuse me

after few slow days, the market needs to change.... up or down, and it seems that it chooses to go up.....

also FOMO when people saw the increase they decide to join the party and buy some bitcoins, this could also make the price to go up even more.

[Dakustaking76]

Its going like a rocket

[Sweeet]

1000's of people buying and selling bitcoin to use the hit-man services on the black market to take out Donald Trump at his inauguration.

That or bitcoin is just doing what bitcoin does, like any other volatile currency.

[slapper]

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

It is all because Trump is going to be a president and chinese new year near by. The prices have just touched $900 a few minutes ago. It will continue to increase due to many reasons. The Chinese investors are buying Bitcoin again for the new year. Let's prepare for a new bubble this year  

[xianbits]

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

It is all because Trump is going to be a president and chinese new year near by. The prices have just touched $900 a few minutes ago. It will continue to increase due to many reasons. The Chinese investors are buying Bitcoin again for the new year. Let's prepare for a new bubble this year  

I hope it would come true . I just bought certain amount last Saturday, I hope I can have back what I lost when the price go down too badly.

[1Referee]

How the heck in world is it possible it rise from 800€ to 830€, i mean whats going on that the price rise up now again??

Nothing is going on. As easy as the price goes up some times, that easy will it come down again. In that regard, current price increase doesn't say much as we very well may fall back $50 lower again. If this increase is somewhat of a start, then perhaps we might very soon see +$900 prices, but then again, how long will we sustain these levels. Don't forget that the closer we come to the $1000 level, the more nervous and anxious people get. They are constantly ready to press the sell button as they have their exchange page open nearly 24/7.

[Sahyadri]

Bit coin will keep on moving up. I am very bullish on the long term. Incidental spikes and falls would happen but the average price will keep on moving up.

[pooya87]

you shake the idiots out, take their coins out of their hands when they dump cheap and then take a couple of days to accumulate yourself and then let the price go up normally enjoying the profit the idiots helped you make.

a couple of days later idiots got more new coins that you need to take from them. and the story continues...

[The-Accountant]

Its going like a rocket

I had to check because I didn't believe you but it really is going like a ROCKET. Here we go!

[Fredomago]

Bit coin will keep on moving up. I am very bullish on the long term. Incidental spikes and falls would happen but the average price will keep on moving up.

well its showing good resistance today its keep slowly moving up and trying to established from point to point i'm very positive that it will move up and will try to comeback with 1k$ let see if how long it will take, the more positive we are the more movements will be created just keep buying and holding and don't allow see more downtrend again.

[jakelyson]

This is good news, we are near 900$ again. I do not know what is the reason behind this rally but I am liking it. I hope this rally is not another bubble and I hope the price will be stable on the top.

[coinplus]

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

No. Bitcoin prices are seeming more strong with this rally.

Just facing physiological resistances around $900 levels so breaking up that might lead to continuation of this rally. Hopefully Chinese markets would have been trading above $900 levels, but both bitstamp and bitfinex are trading below to that.

[JimboToronto]

How the heck in world is it possible it rise from 800€ to 830€, i mean whats going on that the price rise up now again??

It was just a rumor-fueled bear trap. It's closing now.

Things are returning to normal. Huobi is trading at about $7 higher than the western exchanges after being lower for almost 2 weeks. People are realizing that the whole thing was just hysterical panic induced by over-reaction to the PBOC rumors and exacerbated by the FUD storm from bears desperate for any drop in price.

It's no surprise that the bears kept mentioning $200 and $500 in their predictions of gloom. These were the great buying opportunities they missed out on in August 2015 and July 2016 and desperately wanted another chance at.