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Author Topic: 1139.9 resistance broken, 1142.2 hit (Bitstamp)  (Read 1091 times)
manselr
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February 23, 2017, 04:19:29 PM
 #21

We've hit $1160 two times in Bitstamp, all time high is only 3 dollars away ($1163) we need to hit that to make the graph look pretty, then we can continue growing towards $2000. ETF will sky rocket the price, if it fails, it will dip only a bit, so time to buy more.

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February 23, 2017, 04:26:54 PM
 #22

This is due the chinese regulations and all the PBOC crap. They shoot themselves in the foot, now after the couple of dips that the PBOC caused, china is no longer the leading market, the 8888 top will be it, now Bitstamp and Bitfinex are about to hit a real new ATH.

Yup, China (trading-wise) is nothing more than just one of the others, where there is no role of significance anymore. I think it was about time that Chinese exchanges would be put to a stop as their manipulation was more than annoying and holding back Bitcoin's growth. It should give all holders a massive amount of confidence knowing that the reckless gambling behaviour of the Chinese exchanges is now nothing to be worried about anymore.

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February 23, 2017, 04:44:02 PM
 #23

We've hit $1160 two times in Bitstamp, all time high is only 3 dollars away ($1163) we need to hit that to make the graph look pretty, then we can continue growing towards $2000. ETF will sky rocket the price, if it fails, it will dip only a bit, so time to buy more.

Why are you so sure it will only dip a bit if the ETF gets rejected?

IMO the rise in BTC since Dec has been all about the ETF, and if there is no ETF, what reason is there to hold up the price?

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February 23, 2017, 04:47:04 PM
 #24

This is due the chinese regulations and all the PBOC crap. They shoot themselves in the foot, now after the couple of dips that the PBOC caused, china is no longer the leading market, the 8888 top will be it, now Bitstamp and Bitfinex are about to hit a real new ATH.

Yup, China (trading-wise) is nothing more than just one of the others, where there is no role of significance anymore. I think it was about time that Chinese exchanges would be put to a stop as their manipulation was more than annoying and holding back Bitcoin's growth. It should give all holders a massive amount of confidence knowing that the reckless gambling behaviour of the Chinese exchanges is now nothing to be worried about anymore.

Zerohedge reported on this recently:

http://www.zerohedge.com/news/2017-02-23/bitcoin-10-days-row-surges-record-high

It's fun how they went from FUD to praising bitcoin again. It's obvious that it is a team of writers, and when the PBOC thing happened, someone panicsold and then was angry at bitcoin, now it has recovered, and praise it again. Doubters always get proven wrong.

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February 23, 2017, 05:51:38 PM
 #25

Zerohedge reported on this recently:

http://www.zerohedge.com/news/2017-02-23/bitcoin-10-days-row-surges-record-high

It's fun how they went from FUD to praising bitcoin again. It's obvious that it is a team of writers, and when the PBOC thing happened, someone panicsold and then was angry at bitcoin, now it has recovered, and praise it again. Doubters always get proven wrong.
Zerohedge's attitude is as volatile as bitcoin's price.

They were bashing bitcoin many times before, but when bitcoin is soaring against the current, when Chinese exchanges are not even working.
Zerohedge can't find any arguments to keep their FUD alive so they joined the choir of 'analysts' who praise bitcoin's potential during rough times.


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February 23, 2017, 05:54:07 PM
 #26

when the pressure to keep the price down is removed price starts rising madly. and these so called "resistances" are broken one after another as fast as possible because the demand has always been there but was hidden with some slight manipulation.
p.s. 1154 and rising. lets see where it stops.

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February 23, 2017, 06:00:28 PM
 #27

It is so much closer to the ath of all who believed it was once $1163-1164 range of mt. gox fallacy.
Well it is nearly there with $1157 and climbing.
All most there and looking to the sky for those planets and how far bitcoin can reach now..
to those other solar systems not just the moon here now! Grin



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February 23, 2017, 06:25:34 PM
 #28

Touching $1163 on Bitstamp!

Edit: Never mind, blew right past it.
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February 23, 2017, 09:59:35 PM
 #29

Attack on the ATH is in the cards, by no means. And probably we won't stop there.
Now the question is where the chartists will paint the top?

this space is intentionally left blank
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February 23, 2017, 10:28:34 PM
 #30

Ladies and germs we are moving up very fast. Is all good and happy days but it does not have leggs to stand on when 11th comes and ETF does not get approved it will look dark. So keep on your toes i know i will . Saying that lets all be happy our baby is flying at the moment
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February 24, 2017, 07:11:48 AM
 #31

Clearly no one has any idea whats really going on....people spouting technical analysis, ETF analysis, people talking about to the moon....I certainly have no idea and it seems most of us dont
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