When Will The Uptrend End

[finlon]

I think it will advance to around $325-$350 level before it will slowly go down again.

Can't really see it going higher than $400 level this year. Of course I hope I'm wrong, but that's what I think.

Even if that happens, I just hope we are able to stay at that amount with a strong support instead of falling. Because if a fall happens at that point, we might quickly go below 300 again, that is if we rise above to that level

[1715071276]

1715071276

[1715071276]

1715071276

[D05GTO]

Check it:
http://www.coindesk.com/price/

Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?

When will this uptrend end?

I think the cause is increased usage, coinbase being a regulated exchange and the ETF, if anything the rise has been far less than I expected.
I think the uptrend will continue up to $500 or so, it will be a slow rise though, no $100 rise days like in the last bubble.

I'm thinking Coinbase is having a lot to do with it.   The US hasn't really had anyway to purchase BTC directly with a reputable company.  Many, including myself, wouldn't even think about wiring large amounts of USD to an anonymous exchange somewhere across the pond.   Sure some did IE.. mostly the ones that got Gox'd. 

[xcapator]

No one knows exactly when the uptrend will end, but I think these bears will try for a scare dump to 275 like last time and then we rocketship to 320 when they only get it down to 280. Full disclosure I'm all in just waiting for the rocket

[xDan]

No one knows exactly when the uptrend will end, but I think these bears will try for a scare dump to 275 like last time and then we rocketship to 320 when they only get it down to 280. Full disclosure I'm all in just waiting for the rocket

Imagine if it went up so fast that all the bears were incinerated in the rocket flames...

[stonerider]

The current uptrend will end only if posters stop posting crap like this one.

[uki]

Check this thread: https://bitcointalk.org/index.php?topic=983658.0
According to the analysis presented there: there is still room for the upwards move till $360, without breaking noticeably the down trend.
we should stop somewhere between here and $350 and continue sidewards.

[HarmonLi]

Strange to be in a (emerging) bull market again, huh? Well, why should it end? The TA indicators have turned green, the momentum is *up*... People consider it more likely to make more money betting on a rising BTC price, than on a declining one. It's how markets work.

[dothebeats]

Check it:
http://www.coindesk.com/price/

Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?

When will this uptrend end?

I think the cause is increased usage, coinbase being a regulated exchange and the ETF, if anything the rise has been far less than I expected.
I think the uptrend will continue up to $500 or so, it will be a slow rise though, no $100 rise days like in the last bubble.

Honestly, the market isn't that ready to see a $500 price range. Slow rise, yes, but a more realistic speculation is somewhere around $300. Maybe $500 is asking for a bit too much in the current times.

[WhatTheGox]

Check it:
http://www.coindesk.com/price/

Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?

When will this uptrend end?

It will end in a few months when we are @ $3000 hows that for you ?

[uki]

Strange to be in a (emerging) bull market again, huh? Well, why should it end? The TA indicators have turned green, the momentum is *up*... People consider it more likely to make more money betting on a rising BTC price, than on a declining one. It's how markets work.

I don't think we are in the up trend already, meaning we are not yet out of the woods. According to the chart from the thread I cited, there is still room in the north of here that would not mean breaking the down trend. Up to $350 would still fit under the descending line. Having said all that, I also agree that many technical indicators are developing very positive, e.g., positive cross in MACD. That means we are most probably in the process of the trend reversing, which usually takes some time and looks boring on the charts.   

[ThatDGuy]

No one knows exactly when the uptrend will end, but I think these bears will try for a scare dump to 275 like last time and then we rocketship to 320 when they only get it down to 280. Full disclosure I'm all in just waiting for the rocket

Imagine if it went up so fast that all the bears were incinerated in the rocket flames...

It wouldn't be the first time. 

[okthen]

I think we'll keep having a slow uptrend until 2016. Maybe Q2 2016 will be the beginning of a new bear market.

[Sandii]

When we reach the moon.

[gentlemand]

I think we'll keep having a slow uptrend until 2016. Maybe Q2 2016 will be the beginning of a new bear market.

Well, I hope there's a smidge of bullishness between now and then. Satoshi's flock deserve a little respite.

[Stargazer]

Strange to be in a (emerging) bull market again, huh? Well, why should it end? The TA indicators have turned green, the momentum is *up*... People consider it more likely to make more money betting on a rising BTC price, than on a declining one. It's how markets work.

Nice explanation, that's exactly how it works. Those who are uncertain now, like our OP, will probably get impatient later on and buy into the trend to fuel the rising price.
It will end when the majority ends up with a lot of BTC and little fiat and new cash stops flowing in.

[waterpile]

When people decides that they can't afford to risk their fiat buy such price.

[freedomno1]

Check it:
http://www.coindesk.com/price/

Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?

When will this uptrend end?

Just market sentiment at present
I would presume that we hit around the 300 range then either have a breakout or just standby here while support is tested.

[Berau]

Check it:
http://www.coindesk.com/price/

Earlier today, Bitcoin was at $289, and look at this now.
What do you think is the cause?

When will this uptrend end?

Probably when the bubble pops, which I think will be late this year.

There's a pattern I think in this.

[solitude]

When will the uptrend end:

When OP stops sucking cocks and swallowing cum


what a shitty fucking forum this is.

Theymos is a confirmed fucking faggot who swallows cum from niggers on a daily basis and supports israel.

[Kipsy89]

When will it end Well, it could end if we bounce off of $350, but I don't see that happening now. We're pretty strong and yet sustainably growing currently and good news are also coming in. Stabilizing at $450 could be a possibility in my opinion!