Up^. It would be so nice that bitcoin price is stabilized like that for now. I had enough of low btc price already. Go to the $300. Do not sell guys!
within 24 hours there are 3 possible outcome :
1. steady rises to 288
2. sideways to 283
3. drop to 233
I wonder where did you find *exactly* these numbers? Price is stable around $280. So you think it will drop by $50 and rise only by $8? What happened with $300 ceiling?
I am familiar with this auction. But I am not sure if this event is already over already? And I can tell you that auctions are pretty tricky. After all you can buy something not so cheap when there are strong competition going. So bitcoins obtained that way could be not so cheap...
Apparently the market has settled a solidification range between $290 and $300 prior to making the move higher. or maybe $300 is now stable price of bitcoin and is here to stay? What do you guys think, threshold will be exceeded?
It is actually quite good feeling to see every FUD spreader and grim prophet silenced by bitcoin's bullish trend. The worst thing that could happen now is well deserved pull back.
That will actually only strengthen BTC position as more investors will probably join the race here. When that happen - if are wavering - this will be good time to buy.