Topic: $705 in 11th july? - page 5. (Read 4491 times)

705$ isn't far from the actual Bitcoin's price , so i think after the halving the Bitcoin price will be a little bit higher than this level , may be it will reach the 705$ price some days before the halving.

I think it will touch $1000 after halving but will dumping again to the $750-$800

so far this valuation! has been the same for the past year. i keep hearing this for different levels and every time i see how wrong it is.
halving rise (hype or no hype) was good so far and it has not even slowed down. the rise continues forward.

I'd call that a fair valuation at this time, though hyper-bulls get their day sometimes as well.  I think we all need to filter what we see and make our own assessment and also learn from it.

I think the price could be $680 to 720 during the halving. The halving is already reflected in the price.

the timing may not be right but the rise is on the way.

besides the hype is already in the market and it is high because of the halving so $700+ is an easy target especially with the recent rise.

Halving will his us exactly on July 9. Do you think that people will buy just because reward drop is lowered? Market will take more time to consolidate and correct after halving.
I suppose that price spike won't happen suddenly and right after the halving.

I predict it will happen before halving, and maybe we will reach over $700 immediately in the next few days or on Sundays.
I am confident with it, because yesterday the price has increased again.

Looks like expectations for the Halving is very high and I honestly think they not going to be happy with the end result. We should have seen a lot more hype in the media for this event, for the price to be much higher and we are not seeing that. I hope someone will approach the mainstream media before this happens to bump the hype under the speculators a bit. ^smile^

My prediction is more conservative at $650. ^hmmmm^

I honestly have no idea what prices would we be looking at in the coming weeks or so, seeing that it had been a roller coaster in the past month. Currently we are looking at around $670 ranges. Sometimes it goes up $30-$50 and sometimes it drops. Idk, if FOMO starts kicking in, we may surpass $700 before that date.

I didn't vote because I have no idea.  It's possible that it could be way beyond that by then, if it is (as I believe) some way into the run up the slope of another major rally) or it may come back to baseline for a while, in which case I'd suggest a couple of months later where it 'should' (ha!) be the right time for that price.

If you're asking about it from a halving point of view, then I discount that event almost entirely.  There are two exceptions to that thought:

1.  The reduced output per block should cause 'some' minor increase, but not a lot.
2.  The widespread belief that halving is significant (even though there's not a BTC'er on the planet that doesn't already know about it, so will have no shock reaction) may itself people to buy 'just because...well guys there's less of it coming onto the market so it must be significant' - I don't buy into that.
3.  It is unknown how much of new BTC is available to the market.  Although a significant volume is traded every day, I suspect that most of it is HODL'd, and the same BTC are recycling around markets (15% perhaps?).

If price keeps growing as it has, on balance, since its inception, then that should more than accommodate the needs of miners fees, which would introduce a new variable to the hoard/dump patterns that we see.

I just hope that newcomers to the arena get in with dollar cost averaging rather than taking a huge hit at the top of some hyper bull, and mutter nasty words about it to everyone because they perhaps don't yet have any market experience.  There would be the counter population to that, who got in before a moon shot and encourage the former group to jump in, giving it a HYIP type badge.

The price almost $705.We can guess price will be cross $800 or not after halving start.popularity/demand will depend how much people are participate as we can see now more people are join in Bitcoin so we can tell have great future waiting for bitcoin.

$705 is possible. But there is no significantly different from the the $680 price now. The price will trade within a range for some time.

Reaching $700 is not that difficult from current price as the difference is less than $30 right now. But then again, $800 was also for the grabs as it was less than $10 away from reaching that level, but it didn't touch.

IT's likely but that's all. We don't knowthe pla of the plan of the wales, if they want to get it to 700 dollar, 700 dollar it will be.

I would have said no to this a couple of days back because I think price is at a stable state and another accumulation is taking place but since yesterday there has been some upward movements that shows the potential of a rise to $700+ in a short time, but again we are in bitcoin and anything is possible so I may be wrong about this.

yes it can go to that point . now we are 677$ so 705$ is not hard to reach. so i vote for yes. halving will slowly slowly affect the price and it can also go beyond 1000$.

today slowly but sure the prices has rise and i think to reach $705 still possible especially after halving dates but my thought we will see the prices above those prices and probably after halving next peak at $800

you can't really tell when it is the start of the halving (when the block reward halves) because the real effect of halving which is affecting the supply should take a while to show itself not right after it happens.
so any change will be because of hype and not the real effect so it is not so predictable.


i don't really understand this, trading bitcoin will not increase popularity of bitcoin!
trading means buying and selling bitcoin and it will also not change demand because you are also selling when you want to trade bitcoin.

in short term a lot of things can happen.
bitcoin price can go sideways. it has already started to rise to $680 and this can either continue above $700 and then a temporary dump to reduce the price and then jump back up or it can stay here for a while.

as long term price will be above $700 by the end of July.