Any clue on why the pump now? Or is it just 'bitcoin being bitcoin"
(bitcoin is berry,berry mysterious to me!)
curious if I missed some kinda news on why BTC is pumping.....
(thou come to think of it ...I did dump my current LTC mining hoard into 8 btc yesterday....like minds?)
No you did not miss any news. Bitcoin just made upwards breakout.
I expected a breakout a bit later out of that triangle. But here we are. Now lets's see if we can hold this range and continue climbing up to $2000.
-snip-
So looking at that how long before the breakout based on your TA? Thanks
I expected to stay in that triangle for at least one more day and then see a breakout attempt. So that wasn't any exact TA from my side. Just saw that triangle and mostly it gets used until the lines cross each other. This triangle will close on friday 19th. So one more day inside it with some guys preparing their positions is what I thought is going to happen that's all. But now the breakout happened earlier which is fine to me as well. Now I hope we go for $2000 the next days or next week at the latest.
It would be nice to see $2k+ but I am not holding my breath.
We shall see.
My current thinking is that if we can break $1820 on stamp, then testing resistance $2k seems pretty inevitable - does not mean that we will break above $2k but at least test resistance... if we break above $2k, then $2300 to $2500 would be the next resistance arena... it is looking good, I tell you rjclarke... , but yeah, don't be holding your breath.. that would not be good for you.
Ha ha thanks for the advice there JJG
I have been around long enough to know this will play out just fine if I am patient. No change here.