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Topic: $350 is the new barrier? - page 3. (Read 5734 times)

hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
April 26, 2016, 06:39:25 AM
#73
This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..

The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom.

The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly.

The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past.

With the steady growth as mentioned the price is getting more closer to $500. So right now its time for making additional profit.
legendary
Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
April 25, 2016, 10:09:25 PM
#72
This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..

The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom.

The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly.

The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past.
Yes we saw a good price rise in the previous weeks. The price staggered around $400 for few days and now started moving indicating the start of halving, hope $400 will be the barrier and not below.
newbie
Activity: 24
Merit: 0
April 25, 2016, 03:00:24 PM
#71
This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..

The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom.

The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly.

The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past.
full member
Activity: 249
Merit: 100
April 19, 2016, 11:51:14 AM
#70
This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..

The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom.

The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly.
full member
Activity: 195
Merit: 104
April 04, 2016, 03:29:32 AM
#69
This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..

The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom.
sr. member
Activity: 266
Merit: 250
April 02, 2016, 12:56:10 AM
#68
This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
April 01, 2016, 10:48:32 AM
#67
I think there is kinda like an invisible barrier at around 407-410 and other at 424 or so. Price is not moving outside those two barriers for a while now.
legendary
Activity: 3206
Merit: 1069
April 01, 2016, 10:47:30 AM
#66
If your electricity price is $0.2 /kWh, the cost of mining with the most efficient existing miner is $420 each uᴉoɔʇᴉq. So $350 will be the bottom.

you must base this on the cost of electricity of farm which is 0.05 or lower, so their bottom is not 350, but 1/4 of that, which is 90(probably more due to diff increasing, i can assume 150-200)
sr. member
Activity: 618
Merit: 253
Just.bet - Decentralized On-chain Casino
April 01, 2016, 09:44:32 AM
#65
There ain't no barrier. It'll move wherever the market wants. That could right up on high or lower than feels comfortable.

Exactly. Bitcoin Price has no barrier. I think the best term here is building support from "that" level.

Anyways this thread is old now.
legendary
Activity: 1288
Merit: 1087
April 01, 2016, 09:43:13 AM
#64
There ain't no barrier. It'll move wherever the market wants. That could right up on high or lower than feels comfortable.
hero member
Activity: 2492
Merit: 548
8ombard - Pick, Play, Prosper!
April 01, 2016, 09:38:06 AM
#63
It looks to be a old post. At present from $415 we won't touch the quoted barrier. The price might increase when days pass and at times if it falls might touch $385 as the lower limit.
full member
Activity: 195
Merit: 104
April 01, 2016, 06:47:18 AM
#62
If your electricity price is $0.2 /kWh, the cost of mining with the most efficient existing miner is $420 each bitcoin. So $350 will be the bottom.
sr. member
Activity: 322
Merit: 250
March 24, 2016, 02:59:01 PM
#61
i change my mind now because when the price down again to $313 i thought the price will not rise again but i was wrong today we back to $335 and pretty close to $340 and i think we will reach to $350 in the near future


There is no point of predicting bitcoin price day in day out. As long bitcoin is used more, the price will rise later.
I dont think that the value will going down now. You see that the value is a bit stable so that is very good.
The halving is also coming and you dont know what is going to happen with that with Bitcoin.
So we should just have to wait for what will happen with Bitcoin.
legendary
Activity: 1456
Merit: 1002
March 23, 2016, 02:05:01 PM
#60
I guess if the price drops bitcoin, may not be more than $ 350, I also believe it is a barrier to the current price of bitcoin. and buyers bitcoin certainly not going to waste the opportunity to buy bitcoin and held it until the price goes up
yes i'm totally agree with you because all traders already made new barrier, it's looks bitcoin never down to below $400. IMO, bitcoin already stay at $400++ more than one month is hard to break down to under $400 because we already close to halving.

You gotta factor to all the newbies who arent aware of the technical aspect what halving is..

So you`ll see people wont take advantage as you think unless everyone on this forum is informed on what to do lol.
hero member
Activity: 518
Merit: 500
March 23, 2016, 01:57:47 PM
#59
I guess if the price drops bitcoin, may not be more than $ 350, I also believe it is a barrier to the current price of bitcoin. and buyers bitcoin certainly not going to waste the opportunity to buy bitcoin and held it until the price goes up
yes i'm totally agree with you because all traders already made new barrier, it's looks bitcoin never down to below $400. IMO, bitcoin already stay at $400++ more than one month is hard to break down to under $400 because we already close to halving.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
March 23, 2016, 11:27:33 AM
#58
I guess if the price drops bitcoin, may not be more than $ 350, I also believe it is a barrier to the current price of bitcoin. and buyers bitcoin certainly not going to waste the opportunity to buy bitcoin and held it until the price goes up
full member
Activity: 224
Merit: 100
March 23, 2016, 10:47:14 AM
#57
The price in bitfinex and in OkCoin exchange reached $340
So it is near to break now this new barrier of $350.
While in coinsetter it reached almost $342, i think we are very near Smiley


it looks like it will only be a matter of days, maybe even hours, before we see $350. volumes are getting higher and higher as people get more and more excited.

The price today has been increased too much,
And maybe tomorrow will continue this trend because today the price increased for more than $12 - $15
The next barrier is $350 so it is around $8 - $14 away and that can be reached very fast.
It will be not that low. Because you can see that the value will be more and more very slowly so that is good for the people who already have Bitcoin.
But if it not is going to rise, than it will be going stable. There is no
newbie
Activity: 33
Merit: 0
March 23, 2016, 09:03:26 AM
#56
In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still).

Yeah it's now also at around $400. It's seem like this is the barrier for quiet a while now. Some people are getting impatient but
it's just a waiting game, with bitcoin becoming more popular it will definitely go past $400. 
newbie
Activity: 19
Merit: 0
November 02, 2015, 01:27:06 PM
#55
Yes price is going higher like crazy i think $350 will be in next 2 days and we are ready to get more higher and stable price for this week.


$350 is an important point i think, it will either serve as a ceiling or a floor.

I hope we will breach t so it acts as a floor, but that's something we will see in the following days

$350 is psychological important level. If the price stays below $350 for a few weeks, when it breaks, the price will rise to very high level.
legendary
Activity: 1106
Merit: 1005
November 02, 2015, 12:40:38 PM
#54
Yes price is going higher like crazy i think $350 will be in next 2 days and we are ready to get more higher and stable price for this week.


$350 is an important point i think, it will either serve as a ceiling or a floor.

I hope we will breach t so it acts as a floor, but that's something we will see in the following days
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