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Topic: Next target: 260-270 - page 7. (Read 16541 times)

legendary
Activity: 980
Merit: 1000
October 17, 2015, 02:58:51 AM
the target has been reached and a little bit more to $270
perhaps we shall change the title become "Next target: 280-290" Grin Grin Grin
copper member
Activity: 924
Merit: 1007
hee-ho.
October 17, 2015, 02:45:10 AM
well look at that. OP got it right. I also believe that the price will dip again soon. not because I believe in OP but because that's where I expected the price to be by the end of this month.
legendary
Activity: 1330
Merit: 1000
dafar consulting
October 16, 2015, 02:48:35 PM
http://www.coindesk.com/bitcoin-price-breaks-260-to-hit-two-month-high/

Quote
Bobby Lee, CEO of Chinese exchange BTCC, told CoinDesk his platform has seen a significant volume increase, though he dismissed much of his competitors' volume as "artificial".
Those behind the volume, he said, are not traders but consumers sucked into a Russian ponzi scheme, MMM

Anyone know if there's a connection bitcoin and MMM, or any ponzi scheme led by Sergei Mavrodi in Russia? I couldn't find anything
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
October 16, 2015, 12:13:20 PM
Looks like it's on the rise. I expect 260-270 as the peak of this rise.

Highly doubtful imo. I'd love you to be right but I can't see anything that makes this prediction likely.

A retest of lost support off the January bottom is plausible.


This is actually the first time I am (sort of) agreeing with this smelly sock.

update!
sr. member
Activity: 350
Merit: 250
October 16, 2015, 12:11:43 PM
260 just got broken. 270 by the weekend dip Cheesy

Hope it will stay around $255-265 for a few weeks, no more than $270 to consolidate.

Doubtful. I expect a reversal to below 250 by next week. Today and tomorrow are the time to unload and take profit. I wouldn't be surprised if huobi goes to 280 equivalent, but I don't think any other exchanges will go over 280 in the short term(next 2 weeks). I will be surprised if btce even hits 270 this week but wouldn't completely rule it out. Sell now, buy back in at the sub 250 range. It's playing out how I expected from reading the charts, I haven't really seen much to change my forecast. We're overbought enough that I don't think we can push much higher without a downward correction happening first.

I too have doubts that it's heading to 260-270 but I think this will not last and we are just being led to believe that it's going for the 300 by next week.
legendary
Activity: 2114
Merit: 1015
October 16, 2015, 12:08:43 PM
Doubtful. I expect a reversal to below 250 by next week. Today and tomorrow are the time to unload and take profit. I wouldn't be surprised if huobi goes to 280 equivalent, but I don't think any other exchanges will go over 280 in the short term(next 2 weeks). I will be surprised if btce even hits 270 this week but wouldn't completely rule it out. Sell now, buy back in at the sub 250 range. It's playing out how I expected from reading the charts, I haven't really seen much to change my forecast. We're overbought enough that I don't think we can push much higher without a downward correction happening first.

nah, it's heading for the 400$
full member
Activity: 188
Merit: 100
October 16, 2015, 11:53:36 AM
260 just got broken. 270 by the weekend dip Cheesy

Hope it will stay around $255-265 for a few weeks, no more than $270 to consolidate.

Doubtful. I expect a reversal to below 250 by next week. Today and tomorrow are the time to unload and take profit. I wouldn't be surprised if huobi goes to 280 equivalent, but I don't think any other exchanges will go over 280 in the short term(next 2 weeks). I will be surprised if btce even hits 270 this week but wouldn't completely rule it out. Sell now, buy back in at the sub 250 range. It's playing out how I expected from reading the charts, I haven't really seen much to change my forecast. We're overbought enough that I don't think we can push much higher without a downward correction happening first.
legendary
Activity: 3472
Merit: 10611
October 16, 2015, 06:19:33 AM
260 just got broken. 270 by the weekend dip Cheesy

I think that by the weekend it would not be much a difference.
Because deposits/banks does not work at weekends and may stuck the price at what it is today.
I think that by the end of month bitcoin price will reach at least $280 which is $20 difference from the price at the moment.

i agree. this and also there always have been a small dump after price goes up.
so i guess due to decline, price is going to stop and fall back a little at weekend and start going up again next week. but we have to see how much more it can go up until the final hours.
hero member
Activity: 532
Merit: 500
October 16, 2015, 05:18:53 AM
260 just got broken. 270 by the weekend dip Cheesy

I think that by the weekend it would not be much a difference.
Because deposits/banks does not work at weekends and may stuck the price at what it is today.
I think that by the end of month bitcoin price will reach at least $280 which is $20 difference from the price at the moment.
sr. member
Activity: 434
Merit: 250
October 16, 2015, 05:11:00 AM
260 just got broken. 270 by the weekend dip Cheesy

Hope it will stay around $255-265 for a few weeks, no more than $270 to consolidate.
hero member
Activity: 854
Merit: 503
Legendary trader
October 16, 2015, 05:02:14 AM
Looks like it's on the rise. I expect 260-270 as the peak of this rise.

I have to admit that this time you were right.
Congratulations. Smiley

I still don't like how you pretend to be Fontas though (you are not the Fontas from btc-e days), but whatever.

Kudos.
legendary
Activity: 2114
Merit: 1015
October 16, 2015, 04:58:39 AM
260 just got broken. 270 by the weekend dip Cheesy
hero member
Activity: 532
Merit: 500
October 16, 2015, 04:18:26 AM
I think that the target of 260-270 will be reached today.
Because in coindeskt the price is $258.29 +1.36%.
What is exactly happening that the price is increasing?
I'd say, being a skeptic now that, price is increasing because of some manipulation for a big pump and dump. But being a optimistic guy that I am, I would say people are finally realizing the value of bitcoin, still doesn't make any sense though.

For the last 2 months now is the highest point in the bitcoin price chart.
Now the price has been dumped to $259 and i see other altcoins that are falling.
Everytime the bitcoin price increased the exchange rate of altcoins decrease to much like doge which i trade mostly.
hero member
Activity: 644
Merit: 503
October 16, 2015, 04:07:06 AM
I think that the target of 260-270 will be reached today.
Because in coindeskt the price is $258.29 +1.36%.
What is exactly happening that the price is increasing?
I'd say, being a skeptic now that, price is increasing because of some manipulation for a big pump and dump. But being a optimistic guy that I am, I would say people are finally realizing the value of bitcoin, still doesn't make any sense though.

My theory is far more mundane - we've been range-bound since late January. Right now price is cycling upward for the third/fourth time, from ~200 to ~300 (and hopefully higher). Nothing to see here, just routine price movement in a market where bulls and bears appear fairly evenly matched at present. I hope we reach 300 and sail through it. If not I'll sell calls and wait - hopefully the price will bounce up around 200 and I'll sell puts and wait again.
hero member
Activity: 924
Merit: 1005
4 Mana 7/7
October 16, 2015, 03:58:59 AM
I think that the target of 260-270 will be reached today.
Because in coindeskt the price is $258.29 +1.36%.
What is exactly happening that the price is increasing?
I'd say, being a skeptic now that, price is increasing because of some manipulation for a big pump and dump. But being a optimistic guy that I am, I would say people are finally realizing the value of bitcoin, still doesn't make any sense though.
hero member
Activity: 532
Merit: 500
October 16, 2015, 03:52:12 AM
I think that the target of 260-270 will be reached today.
Because in coindeskt the price is $258.29 +1.36%.
What is exactly happening that the price is increasing?
hero member
Activity: 644
Merit: 503
October 16, 2015, 03:37:11 AM
257 Smiley

Here we are right on track. We should see all exchanges break 260 within the next 50 hours.

It looks easy, but in fact it isn't. If a whale don't want to let it break through the $260 level, then we most likely fall back or even go sub $250 again.

For the past month, every time we've neared a nice round USD number we've fallen back and only passed through it on the second attempt. With the weekend approaching fast, I suspect we won't sustain >260 until after the weekend. I'd love to be wrong, obviously.
sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
October 16, 2015, 03:34:10 AM
At Finex (https://bfxdata.com/orderbooks/btcusd) the already went over the $259. I also guess we will break the $260 today.
legendary
Activity: 2170
Merit: 1427
October 16, 2015, 03:07:38 AM
257 Smiley

Here we are right on track. We should see all exchanges break 260 within the next 50 hours.

It looks easy, but in fact it isn't. If a whale don't want to let it break through the $260 level, then we most likely fall back or even go sub $250 again.
hero member
Activity: 532
Merit: 500
October 16, 2015, 02:56:44 AM
The bitcoin price was $257 but it dropped now to $254.76
It was so near of $260, i think that i will reach by the next week.
Starting from Monday when people will top up their accounts.
the price has rise up again now back to $ 256
and i think the bitcoin price will reach to $260 in the end of the week


yeah I hope we will touch $270 at the end of the month, I think it's very possible. so at the end of the year we will touch $300 Cool
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