Bitcoin Surge

[kidcudi92]

could be emerging into a cup and handle chart pattern

[kidcudi92]

[kidcudi92]

if it follows that chart pattern, things could get interesting...but Bitcoin itself isn't like a stock, it is a whole different animal

however, worth a look at those two charts compared


some big volume would be nice, but don't want to fly up, rather creep imo

have a great Christmas fellow BTC enthusiasts!

[big joe 1212]

Made 45 cents in 2 minutes this morning.

[kidcudi92]

could be emerging into a cup and handle chart pattern

[BeatTheJerk]

1,140 = 1 Bitcoin now yikes !

[KDOWNS]

1,140 = 1 Bitcoin now yikes !

Its getting crazy. Some are predicting $3,000 by end of year. Is that realistic?

[Optional]

Its getting crazy. Some are predicting $3,000 by end of year. Is that realistic?

Right now predicting past the end of the week isn't realistic, let alone the year.

[horja1]

down 20% atm for the day

[bigtymer56]

Right now predicting past the end of the week isn't realistic, let alone the year.

I'll say, go to sleep its $1120.
Get into work...$980 and falling.

[DroopyDog]

I'll say, go to sleep its $1120.
Get into work...$980 and falling.

was $895 at one point this morning

[Optional]

Where's Kidcudi?

Is this your handle developing?

[DaColts]

At the current state of BTC it's going to really matter what the yuan value is since china is really the major holders of the bitcoin. The yuan goes up in value and we will have another major drop. The USD is strong and in long term should be strong with a trump in office which could drive the price of the BTC.

[evo34]

http://www.forbes.com/sites/laurashin/2017/01/05/the-2-factors-that-drove-bitcoins-20-overnight-price-plunge

Interesting stuff. You have Chinese people using bitcoin to get assets out of the country and/or speculate on its price. That's not a very stable mechansim, IMO.

[jayc88]

http://www.forbes.com/sites/laurashi...t-price-plunge

Interesting stuff. You have Chinese people using bitcoin to get assets out of the country and/or speculate on its price. That's not a very stable mechansim, IMO.

Does not really matter who is behind these moves. There is not one single asset class which is stable. There is always one entity or a group of entities manipulating the price to bury everyone.
You always need to be cautious when price is reaching for major highs and lows , as these are the areas where most orders are resting.

[raiders72001]

Right now predicting past the end of the week isn't realistic, let alone the year.

looks like you were right on the money.

[kidcudi92]

if it follows that chart pattern, things could get interesting...but Bitcoin itself isn't like a stock, it is a whole different animal

however, worth a look at those two charts compared


some big volume would be nice, but don't want to fly up, rather creep imo

have a great Christmas fellow BTC enthusiasts!

Bump bump

[kidcudi92]

could be emerging into a cup and handle chart pattern

Bang bang

[xKMACKx]

Ether skyrocketing as well. Was waiting for it to dip below $200.00 CAD, but with major companies getting on-board I dont think it's going to anytime soon.

[SBRMAN23]

good stuff