Bitcoins Price will stay at 654.54$ this June to July

trickshot22

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Quote from: BillyBobZorton on June 30, 2016, 08:28:14 AM

Well, we just tested 667 dollars, so if the bull pressure keeps pushing we will be at 700+ dollars again pretty soon, making OP's prediction a failure already. If it corrects, It would still be a correct prediction if the average is near 654, but the entire thing is looking bullish as hell.

i think that we will soon see bitcoin price over 700 dollars in my opinion because the bitcoin block reward halving is going to happen pretty soon thus pushing the price further up

i think that bitcoin price will definitely not stay like that because it is fluctuating from time to time so that is nearly impossible that the price will stay like that all the month

BillyBobZorton

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Well, we just tested 667 dollars, so if the bull pressure keeps pushing we will be at 700+ dollars again pretty soon, making OP's prediction a failure already. If it corrects, It would still be a correct prediction if the average is near 654, but the entire thing is looking bullish as hell.

pissedoff

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Quote from: rogerwilco on June 30, 2016, 08:12:01 AM

Quote from: tobacco123 on June 28, 2016, 02:31:19 AM

Quote from: shinratensei_ on June 28, 2016, 02:11:37 AM

halving is about to come in 11 days,this price will not going stand until the end of july as so many people saying that halving will give affect to the market that much,see the halving countdown,and people's opinion could make other peoples following it

Reward halving itself will not affect the price of bitcoin- many of the investors have already placed their bets and $650 is about the correct price. We shouldn't see much changes between now and when the halving occurs. The real thing will only happen some time after the halving when the gradual effect of reduce supply kicks in.

This is my position as well.

Speculators are trying to price it in, but no one has perfect information. You can't simulate the reduced supply of fresh coins, so everyone has to wait and see how the bottleneck actually affects the market, which will take some time after the halving to kick in.

The bitcoin market price might increase after the halving and become stable at that price range because of the reduced supply.

rogerwilco

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Quote from: tobacco123 on June 28, 2016, 02:31:19 AM

Quote from: shinratensei_ on June 28, 2016, 02:11:37 AM

halving is about to come in 11 days,this price will not going stand until the end of july as so many people saying that halving will give affect to the market that much,see the halving countdown,and people's opinion could make other peoples following it

Reward halving itself will not affect the price of bitcoin- many of the investors have already placed their bets and $650 is about the correct price. We shouldn't see much changes between now and when the halving occurs. The real thing will only happen some time after the halving when the gradual effect of reduce supply kicks in.

This is my position as well.

Speculators are trying to price it in, but no one has perfect information. You can't simulate the reduced supply of fresh coins, so everyone has to wait and see how the bottleneck actually affects the market, which will take some time after the halving to kick in.

talkbitcoin

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All I know is that I know nothing.

so far it seems that each hundred dollar level has a sweet spot in the range of x30-x50 dollar where bitcoin price becomes stable at and everybody starts accumulating.

this has been the same with $200 then 300 then 400, we skipped 500 with a short period and now we are stable at $600 level so i wouldn't be surprised if this price stayed the same till the end of July and then a huge movement came.

bitlancr

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Yeah the price at the moment is a bit stable but they say it is only from June to July and to be honest that is not a long time if you ask me.
I hope that this is true because when the price is stable for to long things will become really boring.

equator

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Quote from: Kevin77 on June 30, 2016, 12:29:32 AM

Quote from: Chrismeister on June 29, 2016, 09:32:39 AM

I dont think this price you all talking about is the real price because at the end of juli the price will be for sure more than 700 dollar i hope.
If the price is not above the 700 dollar in july you all should stop believing in the bitcoin i am sorry..

I too don't think it would be stable at $654. The price would most likely decline and reach $400 by the end of July.
The current price cannot be considered as it increased by $400 in a span of just 1 month and hence if the market continues to have less buyers, we could see it reaching $400-$450 soon.

I agree with you as most of them have bought at that price as halving is their and after halving most of them think that bitcoin price will go above $1000 so i believe that after halving as the selling pressure will increase so we can see the price below $500 also. so this price is not a stable price for july or even after that also. as their are not good news for bitcoin apart from halving.

Kevin77

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Quote from: Chrismeister on June 29, 2016, 09:32:39 AM

I dont think this price you all talking about is the real price because at the end of juli the price will be for sure more than 700 dollar i hope.
If the price is not above the 700 dollar in july you all should stop believing in the bitcoin i am sorry..

I too don't think it would be stable at $654. The price would most likely decline and reach $400 by the end of July.
The current price cannot be considered as it increased by $400 in a span of just 1 month and hence if the market continues to have less buyers, we could see it reaching $400-$450 soon.

Chrismeister

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I dont think this price you all talking about is the real price because at the end of juli the price will be for sure more than 700 dollar i hope.
If the price is not above the 700 dollar in july you all should stop believing in the bitcoin i am sorry..

upsidedown75

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Quote from: tiggytomb on June 28, 2016, 02:28:12 AM

I agree, the price might increase another $200 for the halving and then fall back down to where we are now for a while before going back up to the halving price for the end of the year.

Just pure speculation but I can see that with the EU in the state it is right now other countries might think it time to leave and then currencies will be all over the place, bitcoin could be the average person's way out.

I believe that even GBP has affected this price drop as even news articles stated the same. If we are able to remain stable at the current price, it may stay the same till halving ends and even now people find bitcoins expensive enough to buy them. Average people need to also afford to invest in bitcoins.

Chrismeister

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Thanks for this speculation becasue we have reached the 700 this year and that is great i hope the price will be allot higher than you are speculating because the
650 is not enough for people who invested 550 or higher you know. The price of the bitcoin needs to be at least 800 dollar each.

newcoins1978

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Oke that is not to be because we have already seen for how long the price can be stable and it is a fact that most Bitcoin users do not like it. There are some that like because they can buy more stuff when the Bitcoin value high.
But I do not like it because Bitcoin at that moment is to boring for words.

ASHLIUSZ

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Quote from: pooya87 on June 29, 2016, 12:13:23 AM

$600+ seems to be the new stable price for bitcoin and i don't think it can change this soon, so i agree that this can even continue in July until this new accumulation phase reaches its end.

but since halving is close there might be some bigger changes in the price that can swing it sideways because of dump by whales to buy cheaper coins before rise or it can be big rise because of hype and panic buying.

There is an upswing, which began about a month ago and we can see a stability. users are expecting a one-month jump of more than 60 percent.

pooya87

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$600+ seems to be the new stable price for bitcoin and i don't think it can change this soon, so i agree that this can even continue in July until this new accumulation phase reaches its end.

but since halving is close there might be some bigger changes in the price that can swing it sideways because of dump by whales to buy cheaper coins before rise or it can be big rise because of hype and panic buying.

Yakamoto

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Quote from: nanonymousx on June 28, 2016, 11:49:05 PM

I think 600$ is the new support level in Bitcoin, quite upset can not break 700, since we tested multiple times in the past few weeks., all failed.

$600 is a fair value for Bitcoin, considering we were sitting at $300 only seven months ago. I would definitely be fine with seeing Bitcoin hang around the $600 range until the next halving, and as long as it doesn't go below that, we'll know the market is stable and this prolonged time might help to rejuvenate a lot of the community and get them involved a bit more.

yhansky

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Its alright if the price of bitcoin will be stable at 654. But not that going to 600 and below in july.
It only says that halving did not make any impact on the price of bitcoin..and if thats the case bitcoin will going back again at 450.

nanonymousx

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I think 600$ is the new support level in Bitcoin, quite upset can not break 700, since we tested multiple times in the past few weeks., all failed.

~Bitcoin~

legendary

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I think 650$ is actually a new floor just like 400$+ before this recent pump. We can imagine how much can price go up. I am seeing 1000$ up with next pump but don't know when. I also think on halving price will be little more than current one.

bitdoger

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so i think price of BTC will not go down at this moment ) becaus price rised fast and during July from my view price will be 680-700$

mrhelpful

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Quote from: jtalk on June 28, 2016, 05:12:07 AM

I have to agree that this is exactly my thought are about price range for coming few weeks.I am convinced that price will remain between 630-660 $ before next increase and after that will be settled down in this range again.

The natural movement would be $700 in my view.

Only cause we are so close breaking it and all the promotion around it to get to that level and stays there until people start dumping coins again.

Topic: Bitcoins Price will stay at 654.54$ this June to July (Read 1819 times)