$350 is the new barrier? - page 5. | Bitcointalksearch.org

dothebeats

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Quote from: 3Coins on November 01, 2015, 02:16:43 AM

Quote from: dothebeats on November 01, 2015, 01:25:29 AM

Quote from: 3Coins on November 01, 2015, 12:10:54 AM

i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin

As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us.

I do hope that you are right. I've read somewhere that there is this "secret" group that claims to know what will happen to BTC. I tried to search in FB group I ended up going to Nostradamus group Grin

Nah the event is not so secret at all. They were pushing this conference ever since the XT vs Core issue sprung. I wonder, how would the market reacts if in case the discussion/debate ends into something finally, like increasing the block size limit?

|Ocean|

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Btc is going down..
Will be there around 310 in next few days.

3Coins

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Quote from: dothebeats on November 01, 2015, 01:25:29 AM

Quote from: 3Coins on November 01, 2015, 12:10:54 AM

i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin

As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us.

I do hope that you are right. I've read somewhere that there is this "secret" group that claims to know what will happen to BTC. I tried to search in FB group I ended up going to Nostradamus group Grin

Kevin77

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Quote from: ABCbits on November 01, 2015, 01:22:16 AM

Price rising has slowed down, but i think it's still possible to reach $350 in this month

But, most likely bitcoin price will be stable around $320-$330 in this month.

So, i think $350 is the new barrier. We just need 1 push to break this barrier, though.

I do believe the price raise has been stopped temporally right now. But the round numbers are always big ressitance in most of the commodity trading. So we can expect some hurdle around $350. But I'm sure bitcoin prise will reach this mark within two weeks of time.

ABCbits

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Price rising has slowed down, but i think it's still possible to reach $350 in this month

But, most likely bitcoin price will be stable around $320-$330 in this month.

So, i think $350 is the new barrier. We just need 1 push to break this barrier, though.

dothebeats

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Quote from: 3Coins on November 01, 2015, 12:10:54 AM

i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin

As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us.

3Coins

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i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin

quad588

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i think bitcoin will hit $500 by end of year!!

dothebeats

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Quote from: Nahl on October 31, 2015, 10:39:29 PM

yesterday the price rise up very quickly and could be reach to $330 and i thought we will went to $350 in this week
but now the price down again and i felt bitcoin will back to $300 or less

Uhh, there hadn't been any price increase yesterday afaik, only sell-offs and some shorters selling and others buying. No massive increase in price.

Nahl

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yesterday the price rise up very quickly and could be reach to $330 and i thought we will went to $350 in this week
but now the price down again and i felt bitcoin will back to $300 or less

Nimbulan

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Quote from: jeffthebaker on October 31, 2015, 06:32:29 PM

Quote from: isvicre on October 31, 2015, 06:21:13 PM

I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300.
So I guess there will be swing between 250-350 in couple of months.

Has the price dipped back below $300 yet?

Either way, I'd be shocked to see prices fall back down to $250 after defeating the resistance at $300 for the first time this year.

312.34 at this moment, but still the price hasn't stabilised yet. Let's hope it'll stay around $300 at least till the halvening as we all hope the price will rapidly increase at that time

jeffthebaker

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Quote from: isvicre on October 31, 2015, 06:21:13 PM

I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300.
So I guess there will be swing between 250-350 in couple of months.

Has the price dipped back below $300 yet?

Either way, I'd be shocked to see prices fall back down to $250 after defeating the resistance at $300 for the first time this year.

isvicre

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I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300.
So I guess there will be swing between 250-350 in couple of months.

jeffthebaker

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Quote from: dothebeats on October 31, 2015, 11:22:45 AM

Quote from: jeffthebaker on October 31, 2015, 11:05:09 AM

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).

Since we can't really tackle $350 right now, it's just about right to call it as a barrier for now. If we managed to get past it in a few weeks time (assuming that this rocket still has some fuel and the performance today is just due to being a weekend), I don't see why we won't manage to hit $400 as well.

Yeah, I was thinking the same thing. If we get out of this weekend above $300 we could potentially keep climbing up. For whatever reason, weekends are typically bearish for Bitcoin, so it's not totally unexpected that prices are dropping today.

zimmah

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Quote from: dothebeats on October 31, 2015, 11:22:45 AM

Quote from: jeffthebaker on October 31, 2015, 11:05:09 AM

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).

Since we can't really tackle $350 right now, it's just about right to call it as a barrier for now. If we managed to get past it in a few weeks time (assuming that this rocket still has some fuel and the performance today is just due to being a weekend), I don't see why we won't manage to hit $400 as well.

$350 is probably a bigger barrier than $350, two Fibonacci retracements align there, so there's some significance to the $350 area.

NorrisK

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Quote from: mtnsaa on October 31, 2015, 04:42:10 PM

Quote from: amiryaqot on October 31, 2015, 03:32:08 PM

First we need more stable floor above $300 with this current rise of price i think $350-$400 will be in next wave that will come in next week as per some trading indicator showing some positive signals about that.

I agree, this is all very fresh still. Also the weekends are slow so a little drop in value was logical in my opinion. I think it will hit $350-360 levels this week easily.

I expected a bigger drop to be honest.. This 5% drop is hardly a correction at all. If it was 250-270 I would call it running out of steam, but still looks strong imo.

One big spike on the drop can very well mean just one big whale cashing out.

BitcoinRepublic

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Quote from: amiryaqot on October 31, 2015, 03:32:08 PM

First we need more stable floor above $300 with this current rise of price i think $350-$400 will be in next wave that will come in next week as per some trading indicator showing some positive signals about that.

If the price stays around $300 for several weeks, it will provide the basis for the next bull run, maybe a long bull run this time.

mtnsaa

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Quote from: amiryaqot on October 31, 2015, 03:32:08 PM

First we need more stable floor above $300 with this current rise of price i think $350-$400 will be in next wave that will come in next week as per some trading indicator showing some positive signals about that.

I agree, this is all very fresh still. Also the weekends are slow so a little drop in value was logical in my opinion. I think it will hit $350-360 levels this week easily.

amiryaqot

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First we need more stable floor above $300 with this current rise of price i think $350-$400 will be in next wave that will come in next week as per some trading indicator showing some positive signals about that.

bitcoin567

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nah its not we can see that the price is falling already

Topic: $350 is the new barrier? - page 5. (Read 5784 times)