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Topic: $400 will not survive the weekend - page 9. (Read 10281 times)

hero member
Activity: 966
Merit: 507
January 02, 2016, 02:18:38 AM
#55
I like this stability, because it provides more certainty to potential bitcoin investors. I don't see a price below the $350 level, and it is more likely a gradual rise to $600 in the next months.
hero member
Activity: 714
Merit: 500
January 02, 2016, 02:10:16 AM
#54
Doing some highly specialised Technical Analysis (I drew a single line through some chart or other), and it suggested that a $350 was within the realms of possibility for a dip, with an $800 possibility or so 2016 year end.


I don't know why but I feels like this is a perfect analysis because value of Bitcoin doubled this and even next year it's gonna double for sure .
sr. member
Activity: 248
Merit: 252
January 02, 2016, 02:02:11 AM
#53
Doing some highly specialised Technical Analysis (I drew a single line through some chart or other), and it suggested that a $350 was within the realms of possibility for a dip, with an $800 possibility or so 2016 year end.
legendary
Activity: 1232
Merit: 1000
January 01, 2016, 10:29:59 PM
#52
Well, $425 has held for the past 6 days now.
So I don't see any reason why it should go below $400 this weekend.
If anything, the price looks like it is going to move up.
full member
Activity: 126
Merit: 100
The trouble is you think you have time.
January 01, 2016, 10:45:32 AM
#51
I think bitcoin will stay around the $400. It's been at a strong $400 for a while now. Bitcoin has ended 2015 on that, I believe that $400 is the new bottom.
I don't think it will reach below $400 anymore.
donator
Activity: 2772
Merit: 1019
January 01, 2016, 10:16:10 AM
#50
The price is barely floating above $400. But for how long? The latest analysis suggests the breakdown to be happening soon.

The lates ANALysis pulled out of your ass?
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
January 01, 2016, 08:41:18 AM
#49
Quote
ING Bank

Quote
banking service

Quote
latest analysis

Much quality. So analysis! Much obliged for sharing this pearl with us humble particulier beleggers.
Straight to the point! Pretty much it sums all up regarding this and similar topics that we have plenty in the speculation section. Usually these topics last just few days, not exceeding 10 pages. The problem is there is another such a topic or two started immediately after this one dies, bringing absolutely nothing into the picture.
legendary
Activity: 1470
Merit: 1007
January 01, 2016, 08:28:31 AM
#48
Quote
ING Bank

Quote
banking service

Quote
latest analysis

Much quality. So analysis! Much obliged for sharing this pearl with us humble particulier beleggers.
hero member
Activity: 672
Merit: 500
January 01, 2016, 08:10:47 AM
#47
I would say price will successfully survive 400 $.There will not be some significant change and overall 415-430 $ we will see even after this weekend and in coming days.
legendary
Activity: 1876
Merit: 1005
January 01, 2016, 08:08:56 AM
#46
I see price unchanged with few dollars up or down.This is new stable range for Bitcoin.I see this range in context of last year's when it was in similar position 220-235 $ so we should take advantage of these current price as this is gift and chance to grab while this floor is in movements.
legendary
Activity: 2170
Merit: 1427
January 01, 2016, 07:48:27 AM
#45
of course it will survive the weekend, the price seems to be pretty stable right now as its on 430 and the weekend will be only 2 days

The price can go down significantly in a matter of 10 minutes. 2 days doesn't say much. But I also can't see the price go under $400 any time soon.
sr. member
Activity: 504
Merit: 250
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January 01, 2016, 07:16:01 AM
#44
of course it will survive the weekend, the price seems to be pretty stable right now as its on 430 and the weekend will be only 2 days
hero member
Activity: 574
Merit: 500
January 01, 2016, 06:29:14 AM
#43
Maybe the price will test the support level 400 again this weekend. But it will not break down. The overall trend is up and I'm sure 2016 will be a good year for bitcoin
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
January 01, 2016, 06:28:34 AM
#42
it's the opposite, we are going toward 500 once again, but none is expecting it, keep believing on sub 400, like they were believing about sub 400, when the price was floating all the time around 230
For now it looks like the first test of the support zone $350-$400 was passed and we rebounded. However, I wouldn't rule out sub-$400 prices again in the beginning of January. I agree that market goes usually in the opposite direction the majority thinks, but this time there is not yet enough fuel to go towards $500. Not yet.
hero member
Activity: 714
Merit: 500
Me, myself and I
January 01, 2016, 06:12:27 AM
#41
after seeing price on the charts today, i guess price on the position positive way. i mean price up a little but not much and dumping still can happened
legendary
Activity: 2170
Merit: 1427
January 01, 2016, 05:57:46 AM
#40
Although can not say whether it is still bullish or started bearish but price will not only survive but also will remain stable in my opinion.There is nothing to be worried about.

Seeing the price go up from below $250 to right now $430 is not exactly what I consider to be bearish. At this point the price advance has slowed down, but it will start to pick up again, perhaps within this month. I have my price target for this month on $500-$525.
hero member
Activity: 784
Merit: 1000
January 01, 2016, 05:19:21 AM
#39
Although can not say whether it is still bullish or started bearish but price will not only survive but also will remain stable in my opinion.There is nothing to be worried about.
hero member
Activity: 700
Merit: 500
January 01, 2016, 05:13:59 AM
#38
I don't think price will drop under 400 $ mark.If we look at the performance and price for few weeks back price didn't touch 400 $ and remained over this line.It is hard to say anything but to me seems that 400 $ is bottom now for the price of Bitcoin.
legendary
Activity: 896
Merit: 1000
December 31, 2015, 05:20:05 PM
#37
it will not go under 400 dollars as there is a big wall as far as i know and the price doesnt seem to fluctuate enough to drop that much , though if it will drop i guess it would be a great chance for me to buy some bitcoins for my money that i have left over

walls say nothing since the traders behind them can pull them instantly, and then the order book will look completely different.
legendary
Activity: 2100
Merit: 1058
December 31, 2015, 02:10:33 PM
#36
it will not go under 400 dollars as there is a big wall as far as i know and the price doesnt seem to fluctuate enough to drop that much , though if it will drop i guess it would be a great chance for me to buy some bitcoins for my money that i have left over

Actually who cares if it goes sub-$400. We all know it's gonna bounce right after, we have the halving underway, a lot of money is pouring into Blockchain tech, and it's 2016 - a year of renewed trust to digital currencies.


Well said. A bounce back is inevitable for bitcoin prices always. The most support things for bounce back must be the new investments coming into bitcoin ecosystem and halving. But all the above, i do not think price will go below $400 levels ever again.
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