Topic: Looks like we are going to test $1,300+ - page 3. (Read 3324 times)
The MACD and RSI are smelling like a dump incoming. Not stable at all.
Bitcoin would really test it out to reach that price point which is really very high and we are all glad to see these thing and for those who hold longer more on their bitcoin for sure they are making profits as of now and maybe we would able to reach even $1500 on this year.
It will be interesting to see what happens with the decision on the Bitcoin ETF in about a week. The price could drop quite a bit if it doesn't get approved. However, if it is approved, I think the price could hold and maybe even increase some.
I'm going to be ready to buy if the ETF is not approved. I expect a big drop in price if that happens. It could be a good time to get relatively cheap Bitcoins.
Bitstamp tested $1298 some hours ago. Interestingly for some reason, it's higher than the Bitfinex peak at $1294 (bitfinex always has the higher price for some reason)
In any case, looks like we will test the barrier again, we'll see what happens.
I think Japan exchanges has been settled on $1300 for few days ago.In any case, looks like we will test the barrier again, we'll see what happens.
It won't be easy as traders want to get profits as much as possible, then they will sell in every ATH and buy back if the price drop back, common situation for bitcoin. But, I'm sure we could reach $1300 right before ETF approval.
Bitcoin would really test it out to reach that price point which is really very high and we are all glad to see these thing and for those who hold longer more on their bitcoin for sure they are making profits as of now and maybe we would able to reach even $1500 on this year.
It will be interesting to see what happens with the decision on the Bitcoin ETF in about a week. The price could drop quite a bit if it doesn't get approved. However, if it is approved, I think the price could hold and maybe even increase some.
Bitcoin would really test it out to reach that price point which is really very high and we are all glad to see these thing and for those who hold longer more on their bitcoin for sure they are making profits as of now and maybe we would able to reach even $1500 on this year.
It will be interesting to see what happens with the decision on the Bitcoin ETF in about a week. The price could drop quite a bit if it doesn't get approved. However, if it is approved, I think the price could hold and maybe even increase some.
People will start worrying about the PBOC, block size debate, etc.... Overall sentiment could turn negative very quickly.
What could the PBOC possibly do now? Bitcoin trading has effectively been banned for the last few weeks and the rest of the world appears not to give a shit and rightly so.
1300 this week is definitely possible but looks as if we've stopped where we are at least for today. A little bit of resistance like now is normal, nothing bad really. After 1300 and ETF (if that happens) 1500 is definitely possible.
I am totally agree with you that price of bitcoin will increase until 1300 dollar, but I can't sure it happen in this week. Because for this time the price have a little correction to 1260 dollar.
So maybe better to don't talk about possibility of bitcoin's price 1500 dollar first. When bitcoin more stronger it will really happen
if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price
If the ETF doesn't come through, then it will result in the price going down, but it won't be anything severe. Don't forget that the price has gone up quite a bit in a very short time. That being said, regardless of the ETF outcome, a correction is inevitable as the market can't sustain these levels for long. The market must come down and settle before it continues to move further. Regarding the PBOC, I don't see much problems there as China is not that big of a deal anymore when it comes to trading.
If the ETF doesn't come through, all the triggers are negative.
People will start worrying about the PBOC, block size debate, etc.... Overall sentiment could turn negative very quickly.
Exactly, if the etf not approving then there will be huge spiking downward for bitcoin, but if the etf approved it we will see another huge rising for bitcoin and this year bitcoin will be able to reach 2000$, there are so many debate about etf, hopefully etf will see the potential of bitcoin and approve it
if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price
If the ETF doesn't come through, then it will result in the price going down, but it won't be anything severe. Don't forget that the price has gone up quite a bit in a very short time. That being said, regardless of the ETF outcome, a correction is inevitable as the market can't sustain these levels for long. The market must come down and settle before it continues to move further. Regarding the PBOC, I don't see much problems there as China is not that big of a deal anymore when it comes to trading.
If the ETF doesn't come through, all the triggers are negative.
People will start worrying about the PBOC, block size debate, etc.... Overall sentiment could turn negative very quickly.
if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price
If the ETF doesn't come through, then it will result in the price going down, but it won't be anything severe. Don't forget that the price has gone up quite a bit in a very short time. That being said, regardless of the ETF outcome, a correction is inevitable as the market can't sustain these levels for long. The market must come down and settle before it continues to move further. Regarding the PBOC, I don't see much problems there as China is not that big of a deal anymore when it comes to trading.
1300 this week is definitely possible but looks as if we've stopped where we are at least for today. A little bit of resistance like now is normal, nothing bad really. After 1300 and ETF (if that happens) 1500 is definitely possible.
if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price
i am sure the trend is not gonna resist the rise, because it has been soaring incessantly; thus the price of being $1500 within this month is possible, yet do not forget the competition of mining would affect the bitcoin price: if the fee is too high, more likely the price is trowed down for less volume expected.
$1500 this month looks very steep. The only way that could happen is if the ETF gets approved.
But even otherwise, I think we might cross $1300 this month.
I agree with you, I don't spect to have Bitcoin pricing $1500 this month, increasing the price in $200 in one month is too much! And if this happen, the price won't stay stable and will decrease next. But it's very possible to cross $1300, however the price is dropping a bit right now, let's see how much it will drop to start rising again...
We are at $1260 level at a moment so I don't think its a big deal to touch the price of $1300 in coming days and it can be easily achieved as we are seeing constant increase in the price and if ETF gets approved then we can expect much higher price so its better to hold our coins till March 11 and if price goes higher then that would be the best time to sell bitcoins in order to make some good profits.
Its showing Some resistance 
it was expected, just think about it in a psychological way. a lot of people that bought right at the MtGox peak are very nervous now, they will need time in order to not panic sell on those good round numbers like $1250, $1300 etc. Once we cross the MtGox with a bigger margin, they will learn to keep their dumb fingers quiet so they don't panic sell.
I hope we climb much higher than $1300 before the announcement of the ETF are made. If there are a dump like the dump that happened after
the Chinese government started their investigations into the Chinese exchanges, then we will see at least a drop of about $200 to $300 within
the first few hours. The higher the price, the less the impact a negative decision will have on the price.
the Chinese government started their investigations into the Chinese exchanges, then we will see at least a drop of about $200 to $300 within
the first few hours. The higher the price, the less the impact a negative decision will have on the price.
i am sure the trend is not gonna resist the rise, because it has been soaring incessantly; thus the price of being $1500 within this month is possible, yet do not forget the competition of mining would affect the bitcoin price: if the fee is too high, more likely the price is trowed down for less volume expected.
$1500 this month looks very steep. The only way that could happen is if the ETF gets approved.
But even otherwise, I think we might cross $1300 this month.
I agree with you, I don't spect to have Bitcoin pricing $1500 this month, increasing the price in $200 in one month is too much! And if this happen, the price won't stay stable and will decrease next. But it's very possible to cross $1300, however the price is dropping a bit right now, let's see how much it will drop to start rising again...
I think many of financial sectors are slowly buying in bitcoins just because of the ETF news in case of approval to not stay behind but still have their doubts.
Its showing Some resistance
Just another nice little dip going on now, time to load up before we go $1,300. I hope everyone is owning as much BTC as possible, if the ETF gets passed we might see some serious shit, as Doc from Back To The Future would say.
$1300 is a nice round number that will pose some resistance so it will take a while but we will cross it no doubt about that.
$1300 is a nice round number that will pose some resistance so it will take a while but we will cross it no doubt about that.
i am sure the trend is not gonna resist the rise, because it has been soaring incessantly; thus the price of being $1500 within this month is possible, yet do not forget the competition of mining would affect the bitcoin price: if the fee is too high, more likely the price is trowed down for less volume expected.
$1500 this month looks very steep. The only way that could happen is if the ETF gets approved.
But even otherwise, I think we might cross $1300 this month.
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