Quote from: keyscore44 on December 22, 2016, 11:09:01 AM

Quote from: Wapinter on December 22, 2016, 09:28:06 AM

Quote from: the_poet on December 02, 2016, 08:29:37 AM

Will we find this gift under our tree?

I am extremely hopeful that bitcoin will cross $900 before year end.A lot of things are happening that are creating huge bitcoin demand

A week ago I would have laughed after reading this statement.
Today, I read it in silence, and after looking again at the charts, I can say: damn! It is possible!

If you saw how quickly the price had started to grow from below $600 in early September, you wouldn't be surprised at the recent price surge. After the resistance at $800 was broken, the price went parabolic because the majority of bears have been heavily beaten down at that level, and it seems that there is no new sell wall all the way up to $900. It looks more like demand has exhausted itself, though it may be only temporarily before the next jump, and we will see the price continue rising in the near future.