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Topic: Bitcoins Price will stay at 654.54$ this June to July - page 2. (Read 1819 times)

hero member
Activity: 910
Merit: 502
Well i think price is looking very stable above $600 and this is really nice achievement for this time as block halving is going to happen after few days than it will start rising again and than will get stable price floor above $800 there.
Even I feel the same as many articles of coindesk suggested the price to reach $800 and if by halving we manage to reach it again, it might be stable at the same price. The current price is good enough and even if it's stable at $600+, we can manage to keep the market stable and as a trader, it's beneficial for me too.
hero member
Activity: 546
Merit: 500
Well i think price is looking very stable above $600 and this is really nice achievement for this time as block halving is going to happen after few days than it will start rising again and than will get stable price floor above $800 there.
So the price is going to be stable again I hope that the price is not going to be stable for to long because then it is going to get boring and dead again. Even more people are then going to say that the Bitcoin is dead.
legendary
Activity: 2632
Merit: 1094
I feel that we may reach $600 at the end of halving as it's not stable as of now. It remained stable over $700 as well few days ago and then dropped to $530. It also depends on USD-GBP price that affects Bitcoin price to an extent and even reward halving can make it decline. Also, forbes has predicted the same price range in May.

http://www.forbes.com/sites/laurashin/2016/05/24/bitcoin-production-will-drop-by-half-in-july-how-will-that-affect-the-price/
legendary
Activity: 1610
Merit: 1004
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.
hero member
Activity: 686
Merit: 500
Well i think price is looking very stable above $600 and this is really nice achievement for this time as block halving is going to happen after few days than it will start rising again and than will get stable price floor above $800 there.
member
Activity: 64
Merit: 10
I think it'll stay in the mid-600s for June, yes. But the halving will be during July, meaning that there really should be some movement. So therefore I don't believe your prediction to be very true.
full member
Activity: 222
Merit: 100
agree with op. 650~670 seems to be what's it for now. initially i underestimated & thought we'd go to 750~780 for the halving but that happened 3weeks before halving; once that was happening i thought "wow this is happening now we're going to be well over 1000 for the halving"; now i'm back where i started, 780~830 for halving;

imo what btc needs most right now is stable growth; 10~12 billion dollar market cap is too tiny! at this point volatility due to small market cap is almost starting to be "not good" (borderline bad) for btc .
legendary
Activity: 1232
Merit: 1000
before we can rise very quickly in just 1-2 days, so I'm sure if the current price is still stable, and when a few days closer to halving, prices could rise again higher in just 1 day. 800 is a peak before halving Smiley
sr. member
Activity: 252
Merit: 250
i dont think that any one can say clearly that what will be the price of bitcoin in mid jun and jully. but people are expecting that the price will increase at the time of halving and after halving it will decrease again for some time. some people are aguaing that the price of bitcoin will cross the all time high limit, and it is possible that bitcoin will cross the limit of 1000 USD before halving. but my persona view is that it totally depending on the interest of the buyer. if the buyer are interested and if the number of buyer is increasing then certainly the price will also increase.
legendary
Activity: 1652
Merit: 1000
as far as i know that bitcoin prices was never stay in the particular amount over than a day and my predictions for bitcoin prices in july it would be a bit increase but i guess before next halving the highest prices will reach to $700 but it will drop shortly
legendary
Activity: 1106
Merit: 1000
people actually believe it will increase during halving and the decrees again but i dont know why i feel like opposite i think it will decrease some more and then will rise with like 200$ but that does not mean you should be on it  Wink
sr. member
Activity: 448
Merit: 250
I do not mind the price being a little stable for now because we have seen the price rice so fast and high the last period. Actually it could also have dropped a bit more so I could be more coins.
It does not has to be stable for to long because then the Bitcoin users will just get bored again.
legendary
Activity: 2170
Merit: 1427
I think the real market action will start when we are 4 or 5 days away from the halving day. Till that time I also expect the price to remain more or less around the current level.
legendary
Activity: 1148
Merit: 1000
It does look like it's stabilized a bit the past few days although I still think anything is possible. We could still see some wild swings in the last few days leading to the halving. But yea your scenario is probably the most likely. It would be nice to see prices close to $1000 again but I'm already very happy with the value right now considering that we were hovering around $330 for so long. Let's see what the future brings  Smiley
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Given the recent inflation and deflation of bitcoin in the stock market, it has now settled at 654.54$ for a week now. Looking at the past increase in btc value I believe that the price will stay until the end of July. But there is a situation given the coming Halving that would likely increase and decrease bitcoins value but after that it will come back to 654.54$. Thats my rough estimate.

It doesnt stay at a exact amount. But it is leveling at 640-660 so it good. Last month we got like 430-450 and stays there for a while also I guess the same is happening now.
hero member
Activity: 518
Merit: 500
Can't really predict what the price will be by mid or end of July. Although I want the price to go down for a while, somewhere between $550 and $580, it seems that it is consolidating at the $640 levels. I have a feeling that a big pump is about to happen, just so that people would think that it's because of halving. But I don't really know. We've seen stranger things happen with bitcoin in the past.
full member
Activity: 196
Merit: 100
Price Bitcoin may still be sensitive to the mood of market participants, as the uncertainty and volatility in other financial arenas pushed investors to invest money in cryptocurrency. This week, any news related to the negotiations between the EU and the UK, could push the price.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
I expect price to lower slightly beforehalving  and then a  few  months after we should hopefully get a  rise. I  think  as others have said,  we  are priced in at current price so shouldn't be too far out.   Hopefully we do get the boost  after though,   or at least remain stable.   
sr. member
Activity: 552
Merit: 250
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.
full member
Activity: 437
Merit: 100
Bitcoin price will stagnan for now and will increase after halving
also if paypal and coinbase already sign for their cooperation it will affect to bitcoin price too

The hashing power will go down (so certain miners will unplug their equipment) this will lead to a stable supply of bitcoin for the remaining mininers and the price will stay the same.
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