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~

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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.

streazight

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Quote from: shadobitz on June 28, 2016, 05:04:02 AM

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.

phreaky

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Quote from: shadobitz on June 28, 2016, 05:04:02 AM

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.

erikalui

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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/

jtalk

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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.

shadobitz

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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.

Mishik

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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.

ashkanb

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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 .

dinda22

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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

Maesters1-

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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.

Nahl

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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

wadili89

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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

MaritiJames3

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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.

1Referee

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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.

ObscureBean

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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

danherbias07

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Quote from: groll on June 28, 2016, 01:31:43 AM

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.

Schuyler

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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.

Enotche

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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.

helloeverybody

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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.

tobacco123

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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.

hungsanh2512

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Quote from: Posum578 on June 28, 2016, 02:21:08 AM

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.

tiggytomb

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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.

Posum578

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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

avikz

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I do believe that bitcoin price will not be capped at the current level by the end of this month. A halving is coming in about 10-11 days and the price will go up to the $680 - $720 level.

However, it also depends on the buying orders received in various exchanges. So if yu need t keep track of the price, also look at the market cap and the volumes of buying orders. These are two major factors behind its price fluctuation.

But I expect the price will go up by the end of July at $700 level.

shinratensei_

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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

Jeremycoin

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I think that the price would likely increase on July, and maybe yeah it would decrease again back to 654$. But IMO it's actually good if the price stay like this, because 654$ is not too much and not too less.

groll

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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.

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