Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jaberwock
on 26/01/2015, 03:08:49 UTC
Can I get your latest theory on how China caused this price rise please?

Hard to tell...

The rise from 200 to 250 over the last 10 days may have been just a recovery from the crash of 2015-01-13 (like the recovery after the 2014-10-04 crash).  The rise today seems to be due to the Coinbase news, apparently led by Bitfinex.

So far the price got back to the trend it followed for most of Nov-Dec 2014.  Let's see what it will do next.

By the way, I still don't know what caused the mini-bubble that started on 2014-05-20.  It may have been driven by the West, for all I know.  But that demand may have evaporated between August and October.



look at prices again, we are in 280 level already.

And the prices started to rise before the Luna thing. I guess the GEMNI thing started it.

And how explain LTC jumping 50% by sunday?