I'm no expert, but it could happen if (a) the growing interest I'm seeing on twitter, etc continues and (b) sell orders also move up as you suggest.

**** Quick Alert ****
BTC/USD Prices have again broken 1$ and the overall picture looks very bullish.
We may be just ahead of another significant rally, now that parity is cleared again after some consolidation over the past few days.

Do you think we will really touch 5-10$ soon? Isn't this a target for the next 5-10 years?

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So BUY at USD 0.5 = 1 BTC? 

todays update is very short since no change vs by special update from yesterday

The correction is still underway

Another leg down is likely towards 0.7, and possibly down yo 0.5$.

Only a quick rise above 0.89 $ or better 1.0 $ can change this outlook.

Your comments make a lot of sense

From a long term view,

* Big support is 0.5

* Strong resistance is 1.0 - 1.1 (all time high)

Here a very brief Technical BTC Update.



BTC/USD remain in a correction phase.

While the short term head and shoulders bearish pattern has been invalidated with the break above 0.95 $, the intermediate correction isprobably  not over.
There is a strong likelyhood that we see another leg down toward 0.8 , or even 0.5 eventually.

Only a strong rise above the 1.0 - 1.1 $ area brings the bull back into the lead.



Your S3052