Last 4 months of bitcoin

[carlfebz2]

What do you see here?

When you do draw technical analysis and draw trend line you can able to identify that the movement would be uptrend but there are several pullbacks which we can witness on decreasing prices of bitcoin. If you are lucky enough to get In on the start of the trend then you are surely making some serious cash as of now. Better hold your bitcoin since the trend is going up now.

[1714764584]

1714764584

[hase0278]

What do you see here?

All I see in that graph you have posted OP is bitcoin having a significant price rise and resistance that will be remembered throughout the history of bitcoin and cryptocurrency. I expect that in the next few months, we will see more people getting into bitcoin and more companies accepting bitcoin if everything will go well by august 1, 2017. If not then we might see another big dump making history repeat itself.

[Cobalt9317]

It has been a huge pump since May and it still rising up a lot of people around the world is buying BTC especially in Japan and Korea.
That's why it still significantly pumping.

[Chachacoin17]

It has been a huge pump since May and it still rising up a lot of people around the world is buying BTC especially in Japan and Korea.
That's why it still significantly pumping.

I seen that these two countries really has the most remarkable btc buying recorded ever, and it already included their bigger whales of their country. The graph really shows how bitcoin performs good journey in the marketplace and of todays latest being monitored, was really having good signs to possibly be rising again despite of the critics against bitcoin. The situation now is getting more hot on those speculators and I think all they wanted is to drop down the bitcoin price, but people is really learning from the past; that's why price fluctuations is more like a heart  beat monitoring like and ECG which really erratic being stable at $2000 and above.

[BingoDog]

These few months are actualy some logical follow up of recent happenings. More adoption, more legal regulation like in Japan influence positive on the price. That also causes biger demand which influence another positive impact on price. Recent months have realy been good for bitcoin but situation could also change, so it's good to monitor the market and how further situation is developing.

[iqlimasyadiqa]

I see a very positive movement of bitcoin. Bitcoin prices continue to increase at any given time, see an almost 100 percent increase. This is a fantastic value and it also seems that the future of bitcoin will be bright. I would probably say that bitcoin prices could reach 2800USD by the end of this month.

[withche.07]

Looks very great to me. Adoption, price rise, price rise wasnt followed up by bear move.. Also price seems stabilized since june. Is it calling new bull move? Or not? Will see in a month.

[itsallpc]

Tremendous progress in  bitcoin.Legalization in japan.Mass adoption in south korea.Huge increase in price.Price rise was much more than expected followed by a sudden drop from $2850 to $2300.Now its once again increasing due to expectation that segwit would be activated in august.

[snipie]

What do you see here?

A mountain that hide behind it another big one and another big one and so on. The price just needs a little push to reach the first top in order to break its all time high

[jc89]

I see a chart 

Kidding aside, I can see the foot of the mountain there. Bitcoin is just starting, we will see sooner or later the continuous increase on Bitcoin's price. And due to the past progress of Bitcoin, we cannot neglect that Bitcoin will still go up. Higher and higher, higher that you anticipated. This is just the start, patience is a must.

[sasaku bitbit]

Crazy growth, then a little stalling.  But I'm glad I was a part of the exponential part of that graph.  Did pretty damn well, although I didn't have much invested in bitcoin.

And from here?  We stalled a little at $2500, and I expect more upside soon.  Couldn't tell you when, though.

I also see a growth as well in the next coming months. I guess this will happen after Aug 1. I'm not good at speculating but I'm feeling a exponential growth after this date. Maybe Segwit2x will really bring a good impact to the market. So what is next? Buy bitcoin and hold for the long time so that we can all see profits in the future.

in the last 4 months of stalled a bit on numbers bitcoin $2500 until recently may be the movement's growth are stalling until bitcoin early August. they will show a peak or from the graph is exponential. Do care enough, even though I don't have a lot invested in the bitcoin.

[BitcoinGirl.Club]

Looking at the chart we have really come a long way , we have had our ups and down moments...seen bitcoin growth tested to its limit with the network congestion thanks to the spammers bitcoin held up well didnt break till a solution was found and agreed upon. We have also seen harsh decisions in other countries been over turned in these Last 4 months of bitcoin and i strong believe its time for a smooth road for bitcoin

[speem28]

Makes you more excited seeing this kind of graph, but I guess this is possible after SegWit. After that event fees of bitcoin transactions will go back to normal resulting to a price increase of it. So SegWit will sure have a positive effect on us. We better save money and when the time comes, we should go all in and invest to bitcoin and we will have a huge profit holding it.

[YuginKadoya]

What do you see here?

First of all, we have struggled with the $3000 barrier. In this chart it actually shows as $3003 being the top but if you look at coinmarketcap which is a weighted average of all exchanges you will see that bitcoin never actually hit $3000.

After that, you can see clear cycles of boom and bust. The floor is pretty much set at $2000 and the roof is $2800-$2900. I have a strong gut feeling that the price of each bitcoin will again test the $3000 level, and probably break it after the UASF when SW is implemented. Then, just like $2000 is the definitive floor for bitcoin right now, $3000 will become the new floor, and won't be broken unless a hard fork happens.

I totally agree with this we never set foot to the $3000 mark value, and I can see some resistance going beyond that and pretty well can see that the safe zone is at the $2000 mark and bitcoin will never ever gonna go down beyond that either, and yes just like you have said that $3000 will be the new floor if we can make it and never let the hard fork to happens wish this years gonna be a great start in staying in that mark value.

[chip1994]

Makes you more excited seeing this kind of graph, but I guess this is possible after SegWit. After that event fees of bitcoin transactions will go back to normal resulting to a price increase of it. So SegWit will sure have a positive effect on us. We better save money and when the time comes, we should go all in and invest to bitcoin and we will have a huge profit holding it.

All people are hope SegWit success and can make the price rising up too. But I scared the market will go against our think, maybe SegWit failure and the price will fall down to 3 digit USD like end 2013 - begin 2014 happened

[richardsNY]

All people are hope SegWit success and can make the price rising up too. But I scared the market will go against our think, maybe SegWit failure and the price will fall down to 3 digit USD like end 2013 - begin 2014 happened

SegWit itself will definitely not disappoint. However, people are afraid that certain miners will follow their own route in an attempt to take control over what they think is theirs. If this becomes reality, and there is a chain split as result, we are likely going to see the price fall back a few steps, but eventually we'll overcome this without any problems. Look at it from this point -- if the miners that kept blocking SegWit for ages indeed end up supporting an altcoin, then we have less obstacles to worry about in case another enhancement needs to implemented. It might not look like so yet, but eventually we will look back happily.

[azguard]

All people are hope SegWit success and can make the price rising up too. But I scared the market will go against our think, maybe SegWit failure and the price will fall down to 3 digit USD like end 2013 - begin 2014 happened

SegWit itself will definitely not disappoint. However, people are afraid that certain miners will follow their own route in an attempt to take control over what they think is theirs. If this becomes reality, and there is a chain split as result, we are likely going to see the price fall back a few steps, but eventually we'll overcome this without any problems. Look at it from this point -- if the miners that kept blocking SegWit for ages indeed end up supporting an altcoin, then we have less obstacles to worry about in case another enhancement needs to implemented. It might not look like so yet, but eventually we will look back happily.

Correct. This is perhaps good and may end like bad at the end. Im not hopping to see price fall on the other side I expect to see price go up. Maybe we wont see it at the start of it maybe it will have to pass some time maybe weeks or months but we will see huge change in bitcoin price. Im just hopping it will be very positive.

[HasHe]

Tremendous improvement in price from $2000 to $2850 and a sudden fall in price to $2200.A dramatical change.Legalization of bitcoin in japan which lead to huge demand for bitcoins in japan and increase in price of bitcoin.Sudden increase in adoption of bitcoins in south korea.A U turn decision taken by government to legalize bitcoin which was first discussing to announce bitcoin as illegal.Now,rumours that hard fork would occur after august 1st.

[deisik]

All people are hope SegWit success and can make the price rising up too. But I scared the market will go against our think, maybe SegWit failure and the price will fall down to 3 digit USD like end 2013 - begin 2014 happened

SegWit itself will definitely not disappoint. However, people are afraid that certain miners will follow their own route in an attempt to take control over what they think is theirs. If this becomes reality, and there is a chain split as result, we are likely going to see the price fall back a few steps, but eventually we'll overcome this without any problems. Look at it from this point -- if the miners that kept blocking SegWit for ages indeed end up supporting an altcoin, then we have less obstacles to worry about in case another enhancement needs to implemented. It might not look like so yet, but eventually we will look back happily

But it seems that we are no longer there

And, in fact, may have never been even close to. What I mean to say is that we may not see SegWit a little (or a lot) longer than we first thought. It looks like miners will have it their way, i.e. no SegWit and no Bad Blocks either, something which they actually went for despite all their rhetoric and fear mongering (SegWit2x proposals and hard fork threats). The current state of affairs suits them most, and this is what their actions are and have always been aimed at (however counterintuitive that might appear)

[South Park]

Significant uptrend leading to the mother of all bullish pennants. 

Can't argue with that. It's precisely how I see it too. Coiling, coiling...
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The 4 month chart is the first thing I show people who ask how Bitcoin's doing "these days". Then I show them the 2 year chart.

Probably it will be even more impressive to show them the chart with the full history of bitcoin, yes, there is going to be that huge crash that happened but it also will show that despite that bitcoin has recovered and become even stronger since then.