Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
250 was very obvious, i get excited when we are above 260 and above 340 
Surely in the past 10 months, we have spent more time below $250 as compared to above $250, but also in the past 10 months we have experienced two significant and price surges into the upper $200s... therefore, probably there will be NO real objective rationale to get excited, until prices go into the $300s and mostly stay above $300.
I am in agreement, more or less that experiencing prices above $340 would probably cause considerable excitement, and may even cause a lot of us to conclude that we have left the $200s forever... if such a thing is even possible anymore...
YES>>>>> we are likely going to leave this $200 price territory, it is just a matter of when.... within the next two weeks does NOT seem very likely, but maybe after the fed auction... and maybe after the December scaleability meeting, there may be more developments that allow BTC to leave te $200s for good?
If we get into the mid-$300s and even into the $400s, then likely even some of the bears will be converting into BTC bulls.
my numbers are mainly based on ta. I believe that the scaleability problem can be solved and that the final auction won't effect the price much because it's the final one, ...no more easy bulk deals after it.
these are the lines I am watching since a while and why i said 250 was obvious. I think 260+ would be another signal that we have left the bear market and I would expect 340 as new target with a chance of a real rally. Then its time to get excited.
The other scenario is that we go back down the yellow line for some time, prolly again to 220 or 208 massive support