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Topic: Another 10% Cut Incoming - page 3. (Read 3006 times)

legendary
Activity: 1937
Merit: 1001
December 28, 2015, 12:24:18 PM
#13
Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

Couldn't have said it better,  although I doubt it will only be 10%. Once $400 is broken the road back all the way to $320 is wide open, no resistance.
And with the upcoming devastation of the hard fork that is even optimistic!
legendary
Activity: 1176
Merit: 1000
December 28, 2015, 12:19:18 PM
#12
The bears on here need to look up the term 'bull market' and then go have a nice read about the bitcoin 'halving'.

 Grin
legendary
Activity: 1232
Merit: 1091
December 28, 2015, 12:16:45 PM
#11
I think we are going down as well.... chart just isn't very convincing to me that we have upward momentum.....

but i am long regardless. looking for right time to buy more.

Once you have bought the right amount of coins that you are happy with, then it doesn't matter much if the price goes down 10% if you hold for the long term. It doesn't bother me that much. I just look at the long term.
legendary
Activity: 1568
Merit: 1000
December 28, 2015, 11:04:56 AM
#10
There is really no way to predict when the price of Bitcoin is going to rise or fall.
This is just your own projection on what is going to happen.
I believe that after January, the price of Bitcoin will reach $500. I doubt the price will fall below $400 now.
It is stable at $400.

Completely agree and I think there's even a chance that we may see $500 briefly before the end of the year. It would go back to around $450 soon after that but that's a hunch I have. After all that's all we could say about it, the market doesn't make much sense even for experienced traders and analysts.
legendary
Activity: 1639
Merit: 1006
December 28, 2015, 11:01:45 AM
#9
I think we are going down as well.... chart just isn't very convincing to me that we have upward momentum.....

but i am long regardless. looking for right time to buy more.
legendary
Activity: 1442
Merit: 1016
December 28, 2015, 10:46:18 AM
#8
OP is talking crap.
It's not predictable, although he might think so.
It could also be the opposite and rises back to 440-450.
He is just doing so bla bla for whatever reason. Useless thread!
legendary
Activity: 3248
Merit: 1070
December 28, 2015, 10:26:06 AM
#7
i see no more droping anymore from 470, just mere swings here and there, i see no reason for us to be under sub 400 anymore, 500 is facing the same resistance as 300 wall, so it need soem time to break that
legendary
Activity: 1946
Merit: 1007
December 28, 2015, 08:58:58 AM
#6
You can drop a penny to predict that. I step out of trading in the end of the year. Price is not predictable now. January will tell as where to go.

You step out trading now, but are you holding fiat or bitcoin? Choosing either of the two basically means you made a trading decision for the rest of the year.

I don't think we'll drop below 400 any time soon if at all. The support is quite good there and people have gotten used to these prices again and are not scared to buy.
legendary
Activity: 924
Merit: 1002
December 28, 2015, 08:36:12 AM
#5
You can drop a penny to predict that. I step out of trading in the end of the year. Price is not predictable now. January will tell as where to go.
legendary
Activity: 896
Merit: 1000
December 28, 2015, 08:32:56 AM
#4
Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

how do you know that? i am fairly sure that the price will not go below $400 anymore the comming weeks. i even think we will see the price peak at $440 this week.
legendary
Activity: 2101
Merit: 1061
December 28, 2015, 08:23:39 AM
#3

There is good support at 400, price may drop further but I also expect price to stay above 400


 
hero member
Activity: 532
Merit: 501
December 28, 2015, 08:02:24 AM
#2
There is really no way to predict when the price of Bitcoin is going to rise or fall.
This is just your own projection on what is going to happen.
I believe that after January, the price of Bitcoin will reach $500. I doubt the price will fall below $400 now.
It is stable at $400.
legendary
Activity: 1036
Merit: 1000
December 28, 2015, 07:58:35 AM
#1
Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.
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