Well that didn't last long...

[zeurpiet]

Price is going back up quickly, seems like bitcoin can sustain price growth and higher price levels.  The uptrend seems to be in tact.  Was it just another fake dump?

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[Hodl Life]

Price is going back up quickly, seems like bitcoin can sustain price growth and higher price levels.  The uptrend seems to be in tact.  Was it just another fake dump?

I don't expect to stay at higher levels for long. A majority of people are still believe that we are in a bear cycle, and so as long as they act on those beliefs we'll be in a bear cycle.

It's a self fulling prophecy. 

[beegatewood]

Price is going back up quickly, seems like bitcoin can sustain price growth and higher price levels.  The uptrend seems to be in tact.  Was it just another fake dump?

I don't expect to stay at higher levels for long. A majority of people are still believe that we are in a bear cycle, and so as long as they act on those beliefs we'll be in a bear cycle.

It's a self fulling prophecy. 

I actually think that bitcoin price is going up slowly in the longer period, more and more company is accepting bitcoin and slowly the media and people..

[Wilhelm]

Price is going back up quickly, seems like bitcoin can sustain price growth and higher price levels.  The uptrend seems to be in tact.  Was it just another fake dump?

I don't expect to stay at higher levels for long. A majority of people are still believe that we are in a bear cycle, and so as long as they act on those beliefs we'll be in a bear cycle.

It's a self fulling prophecy. 

I actually think that bitcoin price is going up slowly in the longer period, more and more company is accepting bitcoin and slowly the media and people..

+1 we have started a bull market with a gradual increase in price.

[Razick]

I think we just need awhile for people to be confident that prices aren't going much lower and time soon and we'll start to see a gradual recovery. In fact, you could argue that's already happening, it's just not very strong yet.

[galbros]

Until the exchanges are audited in an ongoing way to avoid them running fractional reserves by simply adding bitcoins to their own trading accounts I don't think there will be any sustained rise in bitcoin's price.  It is just too easy to manipulate.

I believe in bitcoin, but don't see a rally until after one or more exchanges get blown up and the risk of this practice is eliminated.