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Topic: BTC at $435. Is it sustainable? - page 7. (Read 10824 times)

full member
Activity: 210
Merit: 100
March 15, 2016, 05:56:35 AM
Wait until halving is began, by then you can easily predict where bitcoin will go.halving has a strong effect on bitcoin so better wait and see.
full member
Activity: 136
Merit: 100
March 15, 2016, 05:51:47 AM
Bitcoin will continue to grow. Because we all use it and as long as we do not use it until it will not fall off. if Bitcoin is increased to $ 700 so its not a surprising thing.

$700 is not a problem after the block reward halving. it could even go much higher. bitcoin is becoming more popular now.
member
Activity: 113
Merit: 10
Make your own Rule Or Ruled by others.
March 09, 2016, 10:37:07 AM
Bitcoin will continue to grow. Because we all use it and as long as we do not use it until it will not fall off. if Bitcoin is increased to $ 700 so its not a surprising thing.
sr. member
Activity: 308
Merit: 250
March 09, 2016, 10:00:05 AM
It will rise of course, but we dont know when it will happen and that is the problem. I hope later that more people will sell it with profit and that will be good.
But you never know what can happen. But we all hope that it will rise. And that will be very good for those who made an investment.

The price at $435 is quite low. I will still accumulate the bitcoin. In a few years, the price will be much higher. I will use some of the coins.
sr. member
Activity: 406
Merit: 250
March 08, 2016, 05:17:12 AM
It will rise of course, but we dont know when it will happen and that is the problem. I hope later that more people will sell it with profit and that will be good.
But you never know what can happen. But we all hope that it will rise. And that will be very good for those who made an investment.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 07, 2016, 09:12:03 AM
$435 is sustainable at the current situation. If the block size is increased to 2MB or higher in April with the Core SegWit, the price will rise.

the topic was created last year. and price was obviously not sustainable back then nor last week. and right now it is climbing back up again from $400 to 411 and rising
legendary
Activity: 896
Merit: 1000
March 07, 2016, 09:09:45 AM
$435 is sustainable at the current situation. If the block size is increased to 2MB or higher in April with the Core SegWit, the price will rise.

once the block size is increased to 2mb the price will definitely increase, but i think the increase will be for a short time. especially now the whole block size discussion is somewhat pushed to the background. people don't panic over this anymore. i believe the nearing block halving will have a much better and long term price increase as result. long term growth, that's what a lot people here are waiting for.
sr. member
Activity: 294
Merit: 250
March 07, 2016, 09:04:42 AM
$435 is sustainable at the current situation. If the block size is increased to 2MB or higher in April with the Core SegWit, the price will rise.
sr. member
Activity: 308
Merit: 250
March 01, 2016, 03:32:49 AM
If the price stays around $420 for the next few months, it is a good omen that the price will rise further.

A stable 435 dollar would be very good. Especially with regard of the halving.
However the nature of the btc price it goes up and down very fast so no I don't thing it will stabilize around this price.

If the price is stable around $420 to $450 for a few months and the whales accumulate enough, the price will rise.
sr. member
Activity: 420
Merit: 250
February 28, 2016, 03:49:39 PM
#99
It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380.

I was talking about the psychological aspect in terms of the support at $400. I should have made it more clear in my previous post. A lot people here who are regularly trading don't look at support levels as $415 or $438 for example. They just focus on round numbers as $400 and $500 and so on.
All right then. Another day has passed and $415 is still providing support. The longer it lasts, the better it looks on the charts.

If the price stays around $420 for the next few months, it is a good omen that the price will rise further.

A stable 435 dollar would be very good. Especially with regard of the halving.
However the nature of the btc price it goes up and down very fast so no I don't thing it will stabilize around this price.
full member
Activity: 136
Merit: 100
February 28, 2016, 03:34:38 PM
#98
It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380.

I was talking about the psychological aspect in terms of the support at $400. I should have made it more clear in my previous post. A lot people here who are regularly trading don't look at support levels as $415 or $438 for example. They just focus on round numbers as $400 and $500 and so on.
All right then. Another day has passed and $415 is still providing support. The longer it lasts, the better it looks on the charts.

If the price stays around $420 for the next few months, it is a good omen that the price will rise further.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
February 24, 2016, 01:49:32 PM
#97
It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380.

I was talking about the psychological aspect in terms of the support at $400. I should have made it more clear in my previous post. A lot people here who are regularly trading don't look at support levels as $415 or $438 for example. They just focus on round numbers as $400 and $500 and so on.
All right then. Another day has passed and $415 is still providing support. The longer it lasts, the better it looks on the charts.
sr. member
Activity: 308
Merit: 250
February 24, 2016, 09:56:21 AM
#96
Well we're holding on to $440 or so, but I don't know where we're headed.  Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.

Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now..

I think the $430 is the reasonable price for the current stage of bitcoin. So the price will stay here for some time.

You know what would be more reasonable.

My reasonable # would be $500-600 and it stays there even after the halving as its lowest price. Then thats something to see in my view.

Disclaimer: I`m delusional.  Smiley

We are delusional. We give out price prediction according to our position with bitcoin. If I am long, I think the price will be higher.
hero member
Activity: 826
Merit: 1000
February 23, 2016, 05:41:56 PM
#95
Well we're holding on to $440 or so, but I don't know where we're headed.  Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.

Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now..

I think the $430 is the reasonable price for the current stage of bitcoin. So the price will stay here for some time.

You know what would be more reasonable.

My reasonable # would be $500-600 and it stays there even after the halving as its lowest price. Then thats something to see in my view.

Disclaimer: I`m delusional.  Smiley
legendary
Activity: 1232
Merit: 1091
February 23, 2016, 04:25:29 PM
#94
It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380.

I was talking about the psychological aspect in terms of the support at $400. I should have made it more clear in my previous post. A lot people here who are regularly trading don't look at support levels as $415 or $438 for example. They just focus on round numbers as $400 and $500 and so on.
full member
Activity: 151
Merit: 100
February 23, 2016, 02:34:05 PM
#93
As long as the price stays above $370, I am happy. The longer the price stay in this range, the better.
sr. member
Activity: 462
Merit: 250
February 23, 2016, 01:08:45 PM
#92
It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380.

415 Is indeed a strong resistance. But 400 is an important level cause once we break the 400 you can be sure we go sub 380 because of the psychological level.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
February 23, 2016, 01:03:27 PM
#91
It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380.
Psychological resistance can be pretty strong, whales like to use it to their advantage.  That said, it does look like right now we're going to be seeing a good bit of resistance at 415.  Here's to hoping it's able to hold, otherwise it's time to short IMO.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
February 23, 2016, 11:11:45 AM
#90
It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380.
legendary
Activity: 1232
Merit: 1091
February 23, 2016, 09:09:08 AM
#89
that was last December... on todays price, i think if we stay at $440 we might end up stable at around $430 or up... it seems that bitcoin is moving unpredictable again..  Smiley
we still have to re-test $415-420 support to claim it is stable. Let's wait until this short pump runs out of steam and a correction start to see where we are and what are current support levels.
and here comes the test I was talking about. For now it looks like $415 is a solid support (previously resistance). If the correction finishes here, then we can say we have a new solid bottom at $415 (previously $350).

It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
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