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Topic: Recent BTC price increase is a sing of a trend or not? - page 2. (Read 1300 times)

legendary
Activity: 1134
Merit: 1118
Maybe we'll hit $300, but I don't think it's going to create much of a trend...it'll definitely be nice if it does, but I don't think that's what is going to happen right now. And remember last time that happened and we went up to $1000? Gotta make sure it's sustainable. Smiley
sr. member
Activity: 381
Merit: 250
as you, i was expecting that he price go up around may 2016, more or less, it surprise me that the price is going up now because of the halving ( well assuming that this is the cause ), but if this is the cause, maybe we can start to think that bitcoin price will grow up more than expected Wink
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Hey guys,

I know most of us expect to see BTC price going up mid next year due to block halving. Personally, I ve been expecting this to take place February of March 2016 and then continue well after the halving.

However, we can see that BTC price has started slowly increasing since mid September 2015. 

Is this the beginning of a new trend? Will we see another price spike or just a gradual price increase? Maybe nothing is going to change at all but common logic suggests that the price goes up if the demand stays constant and supply halves, which WILL happen.

What do you think?
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