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Author Topic: it IS time for rise  (Read 3130 times)
BrewMaster (OP)
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February 01, 2017, 03:31:51 PM
 #1

after all the accumulation for a couple of days when price was stable at $910-$918 and also the bottom of the recent correction we are on the move up.

i expect $1000 soon be broken again mostly because of the FOMO that happens after the initial rise, and eventually an stable price above $1000.

what do you think?

Edit: added chart


There is a FOMO brewing...
agustina2
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February 01, 2017, 03:51:12 PM
 #2

Looks like another road to $1,000 is coming after those tremendous drop that happened. Also we might noticed that correction price landed at around $800 so I considered that price as the minimum of buying price level.

Charts tells us that starting from around $920, price increase moves much so this would be the starting line. So I can speculate now that if ever a price increase will happen this coming days, expect that it can surpass the last time high.
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February 01, 2017, 03:55:02 PM
 #3

but the $1000 barrier is a big psychological one, so people will be afraid to buy above such level, specially after the start of year dump, considering that there are no news that could justify the rise

I don't will be easy, but will happen, eventually, and probably will take more time than some days

BrewMaster (OP)
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February 01, 2017, 03:58:39 PM
 #4

but the $1000 barrier is a big psychological one, so people will be afraid to buy above such level, specially after the start of year dump, considering that there are no news that could justify the rise

I don't will be easy, but will happen, eventually, and probably will take more time than some days

people were saying the exact same thing 2 months ago and i was thinking the same thing too, but never believed it. and as you can see price broke $1000 and easily went up to $1166 high.

this time however we are starting at $920 instead of $780 and there is no Chinese thing for the FUDsters to use for the dump the fake volume and the FUD time is over.

There is a FOMO brewing...
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February 01, 2017, 05:15:46 PM
 #5

but the $1000 barrier is a big psychological one, so people will be afraid to buy above such level, specially after the start of year dump, considering that there are no news that could justify the rise

I don't will be easy, but will happen, eventually, and probably will take more time than some days

people were saying the exact same thing 2 months ago and i was thinking the same thing too, but never believed it. and as you can see price broke $1000 and easily went up to $1166 high.

this time however we are starting at $920 instead of $780 and there is no Chinese thing for the FUDsters to use for the dump the fake volume and the FUD time is over.

They will find something to slow it down... they always do. The Chinese government cannot be blamed for the protection of their local

currency {stopping or slowing down capital flight} but they did succeed in stunting the growth. This time no GOOD news are pushing

this climb, so I doubt if we will see those numbers again.  Roll Eyes

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February 01, 2017, 05:29:14 PM
 #6

after all the accumulation for a couple of days when price was stable at $910-$918 and also the bottom of the recent correction we are on the move up.

i expect $1000 soon be broken again mostly because of the FOMO that happens after the initial rise, and eventually an stable price above $1000.

what do you think?

Edit: added chart



The price would have *never* crashed as hard as an natural correction, it crashed to low 750$'s because of the stupid ass Public Bank of China's statements, which caused panic sell. If that never happened, we would have had a smaller correction and we would be at 1,500+ already. But who cares, thanks to PBOC the smart people bought more cheap BTC and now we are inevitable going for a new ATH.
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February 01, 2017, 05:31:05 PM
 #7

I hope to see a new ATH before too long. The first obstacle though is to break $1000 again & stay above it.

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February 01, 2017, 05:37:49 PM
 #8

I hope it according to your predictions, because lately, I do not use bitcoin I get. bitcoin possible when prices reached $ 1,000, will be very many people who re-sell their bitcoin. supposedly, bitcoin prices to be stable in a long time when the price goes up.


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AT101ET
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February 01, 2017, 06:56:43 PM
 #9

Over 2% growth over the last 24 hours and at the time of writing the BTC price sits at $981.12
It's definitely possible that we'll pass the $1,000 mark in the next day or so, the only question is how long it can stay up there for before a market correction. Who knows, perhaps we've already reached that point at around the $800/$900 range with room for a little fluctuation on either side. Either way, let's just hope it keeps going up and up!
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February 01, 2017, 07:09:52 PM
 #10

Can't say about daily trading, but it will be above 1500$ at the end of 2017 definitely.
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February 01, 2017, 07:26:45 PM
 #11

I think that we will need to see market reaction on 1000$ its a psychological mark, if bitcoin breaks the 1000$ it could have a grow to the new maximum prices in one or two weeks.
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February 01, 2017, 07:41:13 PM
Last edit: February 01, 2017, 08:58:05 PM by lite
 #12

I hope to see a new ATH before too long. The first obstacle though is to break $1000 again & stay above it.
I want to see new ath too, but i think we'll have to wait for it probably we'll see new ath in june or july. a slow rise is better.  Wink
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February 01, 2017, 07:46:10 PM
 #13

Can't say about daily trading, but it will be above 1500$ at the end of 2017 definitely.
Or we could stay under $1000 for the whole year. We entered a pretty flat market and it is miracle that this upward trend formed.
It happened against technical indicators which suggested further consolidation and even possible downward trend.
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February 01, 2017, 08:44:45 PM
 #14

It's something need to boost bitcoin trend, the fundamental sector it's necessary. I'm just see WU shares drop in mexico and bitcoin can be solutions for it, could be it can be a booster, but there's no a strong news to make it real.
The stable prices is not bad at all, instead it's good to start a trading with tight swing.
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February 01, 2017, 09:10:32 PM
 #15

but the $1000 barrier is a big psychological one, so people will be afraid to buy above such level, specially after the start of year dump, considering that there are no news that could justify the rise

I don't will be easy, but will happen, eventually, and probably will take more time than some days
Yes, I agree with this. Bitcoin can hypothetically stabilize around $1k but if we think about the beginning of huge general unstability of our civilization (Trump, Putin, ISIS) and add people not having enough faith in bitcoin I think we'll need some time to see that. I think it is really good for now if it becomes stable around $900 for now.

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February 01, 2017, 09:27:25 PM
 #16

Can you BELIEVE that the price stopped just a hair short of a new ATH?

Once the Levee breaks, the price is going to skyrocket imo.



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February 01, 2017, 09:29:57 PM
 #17

Very slow rise are being experienced on the price of bitcoin. This price increase, probably will bring the price of bitcoin be above $ 1000, however, will not exceed $ 1,100 as of last month. I also think that this will not last for a long time, because if the decline occurred again, maybe there will be panic selling.
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February 01, 2017, 10:04:46 PM
 #18

Whales rules LOL.  Yeah i thought the same too during those dips and sideway movement of bitcoin, whales had been accumulating.  And once the process is done, it easily breaks $950 wall going to $970 and now is nearing to break $980 (actually it breaks $980 in google seach $980.78).  It seems we are seeing another 4 digit Bitcoin and maybe this will continue to new ATH.

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Taki
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February 01, 2017, 10:42:38 PM
 #19

I have checked the price jut couple hours ago on the exchanger that I use and it was 990$ per 1 BTC. 1000$ really can be reached tomorrow with such temps!
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February 01, 2017, 11:01:30 PM
 #20

The price is looking great, we are going to see $1000 very soon.
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