Topic: The $250 barrier may be broken this month - page 2. (Read 2638 times)
$250 would be a nice one psychologically, but yeah after that last fun run a few months back got so close to $300, that will be the exciting one to watch.
Well IF we're really going up from here, it's not a question whether we can take the $250 barrier, but rather $260 (which is a long term resistance) and subsequently the $300 barrier, which is even more important. From there on I think we will get a rally to at least $350 and then a consistent uptrend.
It's still too early to make a conclusion. As always, when there's a rally, there will be groups of people taking opportunity to dump the coins for quick profit. For me it doesn't matter if the thing goes back down again but what I would like to see is a permanent but slow increase in years to come. So right now, the figures shown on coinmarketcap may not mean anything for now.
to some extent fiat is irrelevant to BTC, since fiat can be endlessly printed.
I have come to the view that fiat is largely a means to strip mine wealth from wealth generators, eg actual useful work.
I have come to the view that fiat is largely a means to strip mine wealth from wealth generators, eg actual useful work.
May break the barrier this week.
It's difficult for bitcoin to reach $250 for long time, some people ready to dump their bitcoin when bitcoin price at $250 or above
And then bitcoin price down to $22x again
And then bitcoin price down to $22x again
It is currently 9 dollars away.
As soon as GBTC trades the price will jump another thirty dollars.
It's difficult for bitcoin to reach $250 for long time, some people ready to dump their bitcoin when bitcoin price at $250 or above
And then bitcoin price down to $22x again
And then bitcoin price down to $22x again
250$ mark is no barrier, since just the other day the price spiked above ~270 USD, of course, there was no solid buy walls and support to keep it in that range, but it just proves
that the next jump will be same or above that mark.
Anyways, if you're not daytrading, i really don't see why that low of an increase would be of some value, were we not having a much bigger expectations for this year?
that the next jump will be same or above that mark.
Anyways, if you're not daytrading, i really don't see why that low of an increase would be of some value, were we not having a much bigger expectations for this year?
you mean that empty btc-e pump to $270 ? that is not an indication as it was a planned group pump. but i agree with $250 not being a barrier.
still we can't say that it is a real barrier, when it was broken not long time ago and not one time only, it can be only considered a mental barrier at best, i would say 275 is more of a barrier for this month
go down again 
, last time i have sold a lot of bitcoin at $241 maybe go down to 200 again
, last time i have sold a lot of bitcoin at $241 maybe go down to 200 again 
There could be a mini or so drop on btc-e while we're at 239+ atm. The point is to realize what will happen next and what trend it will take. UP or Down? Later in the day is when action takes place from what I've seen lately so go figure...
250$ mark is no barrier, since just the other day the price spiked above ~270 USD, of course, there was no solid buy walls and support to keep it in that range, but it just proves
that the next jump will be same or above that mark.
Anyways, if you're not daytrading, i really don't see why that low of an increase would be of some value, were we not having a much bigger expectations for this year?
that the next jump will be same or above that mark.
Anyways, if you're not daytrading, i really don't see why that low of an increase would be of some value, were we not having a much bigger expectations for this year?
you mean that empty btc-e pump to $270 ? that is not an indication as it was a planned group pump. but i agree with $250 not being a barrier.
250$ mark is no barrier, since just the other day the price spiked above ~270 USD, of course, there was no solid buy walls and support to keep it in that range, but it just proves
that the next jump will be same or above that mark.
Anyways, if you're not daytrading, i really don't see why that low of an increase would be of some value, were we not having a much bigger expectations for this year?
that the next jump will be same or above that mark.
Anyways, if you're not daytrading, i really don't see why that low of an increase would be of some value, were we not having a much bigger expectations for this year?
Price can stay at around $250 for as long as it takes. $250 is a fair price for bitcoin. As long as it stays above $200, I am fine with it. We don't need bubbles, long term stability and less volatility is what bitcoin needs to take it to new highs.
I think 250 is a matter of days. You can quote me on that ...
Then there is the critical 266-70 level that has to be passed. In the last cycle, price had its top at least twice in this range, and that's not a surprise because it's a level of "historic importance" (top of the april 2013 rally).
If we reach 320, then I say we will go to 400, at least. But I don't expect 1000 to happen this year.
Then there is the critical 266-70 level that has to be passed. In the last cycle, price had its top at least twice in this range, and that's not a surprise because it's a level of "historic importance" (top of the april 2013 rally).
If we reach 320, then I say we will go to 400, at least. But I don't expect 1000 to happen this year.
I agree
I think 250 is a matter of days. You can quote me on that ...
Then there is the critical 266-70 level that has to be passed. In the last cycle, price had its top at least twice in this range, and that's not a surprise because it's a level of "historic importance" (top of the april 2013 rally).
If we reach 320, then I say we will go to 400, at least. But I don't expect 1000 to happen this year.
Then there is the critical 266-70 level that has to be passed. In the last cycle, price had its top at least twice in this range, and that's not a surprise because it's a level of "historic importance" (top of the april 2013 rally).
If we reach 320, then I say we will go to 400, at least. But I don't expect 1000 to happen this year.
my guess is it will go below $200 again before we'll see a recovery to +$250 currently there is just too much sell pressure. but it's just a guess.
I'm more interested about $300 barrier, $250 is nothing significant. The price was at 261 on Bitfinex just 3 weeks ago, 300 on the other hand was touched (and even passed) 4 times this year and the price never managed to stay above it.
Shouldn't be a problem to break 300. Cost of mining is way above that price for a while.
What do you think guys. Bitcoin has been going strong at pumping itself into the 240s and 250 is currently a target for the month which may see a rise eventually to higher figures ...
I think the price will stay under 300 dollars until the end of 2015, maybe after the halving can rise to 300 dollars (but we should forget about 1k dollars/bitcoin).
It could get there in a few minutes and then back to 230 and below without breaking a sweat. The question is when it finally leaves it all behind. There may be lower lows too but some day it will. That'll be a sweet moment.
*When if finally go to 1'000 dollars per bitcoin
. //SarcasmIt seems that bitcoin is only a pump and dump, a lot of people is not interested in the real 'bitcoin' anymore (I am talking in genera, nothing against the OP or any users that wrote in this thread).
It could get there in a few minutes and then back to 230 and below without breaking a sweat. The question is when it finally leaves it all behind. There may be lower lows too but some day it will. That'll be a sweet moment.
What do you think guys. Bitcoin has been going strong at pumping itself into the 240s and 250 is currently a target for the month which may see a rise eventually to higher figures ...
Only a few dollars away. If we can hold it just a few days, could form a new resistance.
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