But it also depends on how you define 'spike' - maybe 266 was not an individual spike - but was just a part of the run up to 1200?
With a 6 month cool down period?
There are 3 clear spikes in price over the last few years.
Topic: Call the bottom - page 2. (Read 2879 times)
With a 6 month cool down period?
There are 3 clear spikes in price over the last few years.
We have never hit a previous high after a new spike in the price so we are close to the bottom.
Never say never.
There could be a quick and painful dip below 266.
Personally I am hodling on cold storage atm but were I not doing so, in order to try and sleep safe at night (lol @ this... as if that's even possible when most of your money is a number in a bitcoin exchange), today I'd leave a catch-all bid at 280$.
Long climb or not, BTC USD price has always been asymptotically proportional to the estimated transaction volume in USD which is slowly rising even while the price is declining. There will be a time when the transaction volume will be enough to sustain the price. That will be the bottom.
"What will be the bottom price before the long climb? "
I can't answer because I don't believe there will be another long climb.
I can't answer because I don't believe there will be another long climb.
We have never hit a previous high after a new spike in the price so we are close to the bottom.
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Past performance ...
But it also depends on how you define 'spike' - maybe 266 was not an individual spike - but was just a part of the run up to 1200?
its going down down down to the ground. btc by the end of the year will be around 200 $ on a downwards trend.
somewhere between $85 and $266.
Previous low at $365 should hold for the next 4 months or so 
Low 352.
We have never hit a previous high after a new spike in the price so we are close to the bottom.
What price do you believe will be the low.
Note: The trolls who have posted anything indicating that they have absolutely no confidence in Bitcoin are on my ignore list because I come here to discuss Bitcoin. I go to bankrate.com to find out how the dollar is doing.
What price do you believe will be the low.
Note: The trolls who have posted anything indicating that they have absolutely no confidence in Bitcoin are on my ignore list because I come here to discuss Bitcoin. I go to bankrate.com to find out how the dollar is doing.
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