Quote from: figmentofmyass on November 07, 2018, 06:39:59 AM

Quote from: Stedsm on November 07, 2018, 05:36:46 AM

After considering many threads based on the same question by people who've invested in Bitcoins, whether they purchased it at its ATH or below it but above the current price (thinking of whether the price will recover), or if they bought it at current values (where they want to know that is it safe to be in BTC or should they need to tether it out currently). Based on the calculative analysis and the fact that it has reached the end of falling wedge and a very big triangle that had formed, is going to end very soon, we can expect Bitcoins to finally break it upwards and the move will be very big, just like last year (though, I don't think it will break its ATH).

i'm definitely feeling bullish at this point, since stamp and others are pushing above the daily bands, and because altcoins are close to breaking out if they haven't already---bcash went crazy already. that kind of sentiment suggests the bulls are getting antsy and are ready to start eating through the ask side.

just need to bust through the $6800 area, which kept a lid on price through september and october.

Quote from: Stedsm on November 07, 2018, 05:36:46 AM

It's been in history and you can check it yourself that Bitcoin always got higher during Christmas and it's already near

christmas 2014 was super bearish though. just sayin! Tongue

Highly doubt that altcoins are breaking out. Remember the ripple pump when it did 2x? I think it's just another dead cat bounce after which the price will get pushed down even more to around 5k and then if there will be some technical signals of a possible pump I might go bullish. Now short any time of the day, we're nowhere near the 6.8k resistance and the bullishness is already slowing down.

Quote from: triciaa478 on November 07, 2018, 08:55:10 PM

Bitcoin price hanging around 6000 to 6500 usd for the past months is a proof that bitcoins has a place in the future digital economy and I believe this stability in price is going to move bitcoins to a new height in the coming year.

Stability isn't a good thing. It makes it unattractive for investors that are into bitcoin because of high volatility and day trading. Can't remember the last time bitcoin was so boring.