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Topic: Next breakout in bitcoins price when will it be? (Read 2088 times)

full member
Activity: 222
Merit: 100
In bitcoin, when someone mentions "stability", it means stagnation and sliding down. The best thing to do in times of "stability" is to short it until a clear bull run starts, probably not until Nov/Dec this year.

I would describe the current price action to be stable. it is very good for the mass adoption of the bitcoin.
legendary
Activity: 1036
Merit: 1000
In bitcoin, when someone mentions "stability", it means stagnation and sliding down. The best thing to do in times of "stability" is to short it until a clear bull run starts, probably not until Nov/Dec this year.
hero member
Activity: 714
Merit: 501
every breakout needs a long period of stability before it so that everybody who is in on it fill their wallets with enough bitcoin before the rise happens.

this has always been happening in bitcoin and in every other market, the time may sometimes be shorter and sometimes be longer but the charts will always look the same.
legendary
Activity: 3122
Merit: 1398
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Last November 2015 we have witness a big surge on bitcoins monetary value. This 2016 many have awaited for the increase during the halving but the increase had happened months before halving and that is last june, 2016. Technical experts have said that there will be more breakout to happen. So let us roll out our ideas as to when will the next breakout be.

So what are your guess?

I don't have an idea about what kind of "breakout" will happen in one of these days or should I say "in the future". What Im doing is taking closely the price monitoring in daily basis since there are unexpected scenarios.

Im making sure that I can ride every possible trend that will happen in bitcoin price. No rooms for regrets in me, that's my policy since then.
legendary
Activity: 980
Merit: 1000
Couple months after halving, that means from October to December. Until then I would like bitcoin to hold this price, and then we can expect price to go up.
At least that was like that 4 years ago, so maybe history will repeat and we will see same thing. Price went up and we saw bitcoin highest price until now, I wish to see tow record, and in my opinion that would be perfect timing.
We all agree bitcoin is still cheap, and price will go up in future, so little by little bitcoin is being adopted on many places so I will not be surprised when price go up.
good analysis and people has talking about this before halving dates that the prices will rise up or going to the moon after halving but in the fact the prices looks boring for me and honestly with the current prices i can not take benefit from my trading activities because no big dump or big pump
member
Activity: 117
Merit: 10
I think the next break out will be in September or October or when the bitcoin block size capacity is increased.
Although there is a breakout building pressure in the chart, there is not yet any sign for that. May be the breakout direction could follow a past trend, I think the next breakout is not before reaching $1000.

I think it will take a few more months for the bitcoin to consolidate the price before the price rise again.
hero member
Activity: 994
Merit: 502
I think the next break out will be in September or October or when the bitcoin block size capacity is increased.
Although there is a breakout building pressure in the chart, there is not yet any sign for that. May be the breakout direction could follow a past trend, I think the next breakout is not before reaching $1000.
full member
Activity: 222
Merit: 100
I think the next break out will be in September or October or when the bitcoin block size capacity is increased.
legendary
Activity: 3248
Merit: 1179
Couple months after halving, that means from October to December. Until then I would like bitcoin to hold this price, and then we can expect price to go up.
At least that was like that 4 years ago, so maybe history will repeat and we will see same thing. Price went up and we saw bitcoin highest price until now, I wish to see tow record, and in my opinion that would be perfect timing.
We all agree bitcoin is still cheap, and price will go up in future, so little by little bitcoin is being adopted on many places so I will not be surprised when price go up.
legendary
Activity: 3234
Merit: 1214
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Till the next halving there is no upcoming special events, possibly for this reason bitcoin experiences gradual increase and not steep increase similar to that happened during the weeks before halving.
legendary
Activity: 1442
Merit: 1016
I have no clue.
But let me make a wild guess.
I'd say anytime at the end of this year.Probably december or so.
And I hope it's going to be a run close to the old ATH.Would be a great finish for 2016.
legendary
Activity: 1848
Merit: 1000
Towards Christmas would be my guess, that's a good few months after the halving and hopefully something big will happen to take bitcoin further into being adopted by more people, as long as it is steady it will look like a legit investment and should bring more serious investors along.
sr. member
Activity: 364
Merit: 254
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I think things are going to be quiet since the halving is over. We may see a gradual increase but not a big jump until maybe next year.
member
Activity: 117
Merit: 10
If we're talking about a real potential breakout, then I am more concentrating on the months October and November. Doesn't mean it will really happen, but these months are mostly good for traders looking for volatility.

The bitcoin price is consolidating after the recent big rise. November is 4 months away from now, that will be a good period.
legendary
Activity: 2170
Merit: 1427
If we're talking about a real potential breakout, then I am more concentrating on the months October and November. Doesn't mean it will really happen, but these months are mostly good for traders looking for volatility.
full member
Activity: 222
Merit: 100
The next price surge is going to be a couple of months yet, I see us moving sideways for a while.

That is true. I think the price will trade between $600 to $750 for 3 to 5 months before it move up again.

Before the last big jump in May and June, the price stay around the $400 range for 5 months, so next one will also be in 5 months.

If there is a good jump after 3 to 5 months of consolidation, the price could be in the $900 to 1200 range.
member
Activity: 117
Merit: 10
The next price surge is going to be a couple of months yet, I see us moving sideways for a while.

That is true. I think the price will trade between $600 to $750 for 3 to 5 months before it move up again.

Before the last big jump in May and June, the price stay around the $400 range for 5 months, so next one will also be in 5 months.
hero member
Activity: 994
Merit: 502
The next price surge is going to be a couple of months yet, I see us moving sideways for a while.

I agree. All the hype about the halving has to end, and that will take a couple of months.
Post that, we should see a breakout.
Really hard to predict the price, I think next breakout will occur only after price reach $1000 still then the price will remain stable and rise slowly.
Even if a drop occurs before it won't affect the price much.
full member
Activity: 222
Merit: 100
The next price surge is going to be a couple of months yet, I see us moving sideways for a while.

That is true. I think the price will trade between $600 to $750 for 3 to 5 months before it move up again.
legendary
Activity: 1246
Merit: 1000
The next price surge is going to be a couple of months yet, I see us moving sideways for a while.

I agree. All the hype about the halving has to end, and that will take a couple of months.
Post that, we should see a breakout.
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