After a very long time Bitcoin starts to finally stabilize above $250. I posted many bullish charts in the past 12 months and I was always truly disappointed by the market. Now with Bitcoin floating above the 200 day moving average there is a chance that the big rally everyone was hoping for is finally coming true in the summer of 2015.
A break of the $275-$285 area could start a long bull run.
UPDATE: At least we made a great new high at $278 after my overly bullish forecast at $261, which you can see if you zoom in.
Here are my last bullish charts. Basically I was bullish one month too early and then I lost all hope in early June during the time we were again heading south despite my expectation. These two charts best describes my emotions: and
Bitcoin long term price trend
Bitcoin bulls start to win. Here is the maximum bull case for Q2
To not see the forest for the trees ...
Bitcoin multi-week uptrend
It's getting hot in here, so take off all your shorts