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Topic: $300 proven to be strong support level - page 2. (Read 1760 times)

Q7
sr. member
Activity: 448
Merit: 250
December 23, 2014, 05:54:42 AM
#1
If I'm not mistaken, bitcoin price has hit $300 (well almost, +/-) for at least 3 times in the last 4 months and from this trend, I'm pretty sure $300 is the firm support level. That means if price were to go anything below that, bitcoiners will not hesitate to buy and grab all of it to push it up again. From your perspective or point of view, do you guys think it's going to happen again? and if this yo-yo price rebound does maintain, it's a good opportunity to make money from trading.
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