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Topic: Calm before the storm? - page 4. (Read 3169 times)

hero member
Activity: 1372
Merit: 647
July 11, 2016, 09:58:27 PM
#6
Well, nobody knows what the price will be. I don't expect too much for the price increase, but of course I'm still hopeful that it will increase rather than decrease. I think it will take time to feel the effect of halving to the price of bitcoin. It maybe two months or up to see (in my opinion). I based my prediction on the price chart last halving which was in 2012. Anyway, if the price will rise sooner, that's better Cheesy
legendary
Activity: 1400
Merit: 1001
July 11, 2016, 09:15:47 PM
#5
>$800 within a week or 2 is my prediction.

< $600 within a week.
May I ask on what you base this assumption that price will drop? Because every charts, market tendencies and price analytics say otherwise.
We won't be seeing $800 I guess, but $680-$700 is real target here. Market seems consolidated and ready to resume climbing.

Reference: https://www.cryptocoinsnews.com/bitcoin-price-consolidating-640/
legendary
Activity: 1188
Merit: 1016
July 11, 2016, 08:27:34 PM
#4
>$800 within a week or 2 is my prediction.
See this, OP?

This is what you'll be riding for the rest of your life with predictions like that.

< $600 within a week.

Well, we'll see soon enough won't we.

At least I won't be riding little kids eh!  Cheesy
newbie
Activity: 41
Merit: 0
July 11, 2016, 07:23:16 PM
#3
>$800 within a week or 2 is my prediction.
See this, OP?

This is what you'll be riding for the rest of your life with predictions like that.

< $600 within a week.
hero member
Activity: 490
Merit: 520
July 11, 2016, 06:58:46 PM
#2
It's possible we'll see $800 or above, but I wouldn't be 100% sure that we'll see a bull movement with the market at that kind of level. It is entirely possible, but unlikely for the next week or two. I would think that we'll see a bull move in something like a month or two, but pegging >$800 in two weeks or less seems relatively unreasonable.
legendary
Activity: 1188
Merit: 1016
July 11, 2016, 06:44:55 PM
#1
Things seem eerily quiet. It's a Mexican standoff right now, no-one wants to pull the trigger.



If you look at 3 month charts, there's one hell of a bullish pennant that's formed. I think there's a good chance we'll see a breakout from here, seems to be strong resistance at the current price, it's just no-one wants to be the first to start buying...

>$800 within a week or 2 is my prediction.
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