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Topic: Will bitcoin go back to bellow $400? - page 27. (Read 27241 times)

legendary
Activity: 1652
Merit: 1043
Cypherpunk (& cyberpunk)
December 16, 2015, 10:47:10 AM
#55
I doubt we'll see $400 for a few months. If you're familiar with technical analysis, it says it's impossible for some reason Smiley
Flash crashes aren't impossible, but that's part of the whale game.
legendary
Activity: 1232
Merit: 1091
December 16, 2015, 10:45:35 AM
#54
During a flash crash, the bitcoin price could go below $400 or lower. I think the price will be over $400 from Q2 next year.

Flash crashes are very deep. If the price right now falls down to around $200, that can be considered a flash crash. If the current price falls down to $400 or below it, then it's just a dump.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
December 16, 2015, 10:43:33 AM
#53
Say goodbye to $400 back dream if the volume will remain the same. But you know even with the price rate today possibility of coming back to $400 is likely to happen because we didnt passed yet the period of events where people will dump their coins. One event is if the price will reached @ 500 it will trigger the panic sell or not.
legendary
Activity: 1862
Merit: 1046
December 16, 2015, 10:40:55 AM
#52
will not go back to $400, now $450 and will going up to $500 probably at the end of the year
legendary
Activity: 1960
Merit: 1026
December 16, 2015, 10:06:05 AM
#51
it seems highly unlikely bitcoin will be back to $400 in the end of this year, but bitcoin will rise slowly to $500.
legendary
Activity: 2632
Merit: 1094
December 16, 2015, 09:46:32 AM
#50
I just hope it stays above 400 this year and new year brings in a happy news for all bitcoiners. Comparing the price earlier, we are not even half the way and the price is very low. I would take the rate last year as this year had a lot compared to last year including the auction of Silk Road.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
December 16, 2015, 09:45:07 AM
#49
so tell me what's your guess. Will bitcoin continue to hold its price and go pass $500 to hold or should we expect a crash going under $400 before the end of the year?

Well it is hard to predict since as I notice once the price increases $20, it will crash and lose at least $10 up to $50 or even more.
Being >$450 make things comfortable for the moment and I could say: 3/4 we will stay above $400 during December.
legendary
Activity: 1638
Merit: 1046
December 16, 2015, 09:44:51 AM
#48
For me im expecting that the price will $500 before christmas then after christmas
the price will fall gradually to 400 below until new year..
newbie
Activity: 43
Merit: 0
December 16, 2015, 09:34:46 AM
#47
It can, after an abrupt dump
buy it then Smiley
legendary
Activity: 1512
Merit: 1000
December 16, 2015, 09:33:50 AM
#46
It might and it might not. I don't think anyone would be surprised if it did go below $400 within the next few days or weeks. Probably not a lot of people would be surprised if it went over $500 over that same span of time either. With bitcoin you can expect the unexpected, but as we currently sit, going below $400 wouldn't be that much of a shocker whether or not you're a bear or bull.
legendary
Activity: 1232
Merit: 1000
December 16, 2015, 09:28:46 AM
#45
so tell me what's your guess. Will bitcoin continue to hold its price and go pass $500 to hold or should we expect a crash going under $400 before the end of the year?

my prediction bitcoin will continue to increase until it hits $500 may be at Christmas or at the end of this year.
hero member
Activity: 644
Merit: 503
December 16, 2015, 09:13:33 AM
#44
Guys, Bitcoin has too little historical data (6 years all together) to talk about seasonals. Not yet. usually seasonal trends require at least 30 years of data, to get something statistically meaningful. Saying that something must fall after New Year because it did so last year, is like looking into a crystal ball to tell the future.

Amen to that. It's a persistent and recurring theme, however, albeit one that isn't supported by the limited historical data we have - some years have seen spectacular rises around or shortly after Christmas, more recently we've seen falls. There's no consistency, and no justification for making predictions based on alleged past performance.
hero member
Activity: 644
Merit: 500
December 16, 2015, 08:55:35 AM
#43
During a flash crash, the bitcoin price could go below $400 or lower. I think the price will be over $400 from Q2 next year.

Nope dude bitcoin's price will increase from end of this month Due to christmas and new year price  will go higher and higher only i don't think so It will fall very soon If its fall also It will take atleast 6 months.Predictors are expecting price will go not down till june 2016. Will hope see
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 16, 2015, 08:07:24 AM
#42
If we are going to look at the historicals, last year rate is up as same rate that we have now, then after entering the new year thats where it started to go down slowly until it reached January 14 which I guess is the lowest for 2015 at $178
It actually started going down in December 2014 (and even earlier: November 2014 was already starting to get bearish). I won't take a picture of my screen but here you can see it pretty clearly : https://bitcoinwisdom.com/markets/bitfinex/btcusd
It's pretty much the exact opposite of what is happening now, really.
Guys, Bitcoin has too little historical data (6 years all together) to talk about seasonals. Not yet. usually seasonal trends require at least 30 years of data, to get something statistically meaningful. Saying that something must fall after New Year because it did so last year, is like looking into a crystal ball to tell the future.

hero member
Activity: 2016
Merit: 721
December 16, 2015, 07:46:14 AM
#41
If we are going to look at the historicals, last year rate is up as same rate that we have now, then after entering the new year thats where it started to go down slowly until it reached January 14 which I guess is the lowest for 2015 at $178
It actually started going down in December 2014 (and even earlier: November 2014 was already starting to get bearish). I won't take a picture of my screen but here you can see it pretty clearly : https://bitcoinwisdom.com/markets/bitfinex/btcusd
It's pretty much the exact opposite of what is happening now, really.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 16, 2015, 07:01:10 AM
#40
I am quite sure that we will soon see $400 for a simple reason that is called volatility. Even if the main trend switched to bull, there will be pull backs, during which you may expect testing of the support levels. Take as an example the last rally to $502 - we went down to low $300 afterwards. That may and will happen ahead again.

One of the points of pumping bitcoin to the ATH heights, is to create the space to come down and make great profits all the way.

The problem is, the market isn't positioned in the same way anymore. Some regulation has stepped in, and, short of just outright foul play on major exchanges, it would be hard to 'pump' that high.
In terms of regulation of Bitcoin market there was an 'ease' recently regarding Bitcoin trading in China. and out of the box, we have had a pop immediately afterwards -it ended up at $502, but it was just a sample of what may happen ahead, when the market moves into 'right position'. But I agree it will be much more difficult even to repeat Mt. Gox bubble score.
legendary
Activity: 1498
Merit: 1030
December 16, 2015, 05:22:52 AM
#39
I suspect Bitcoin might touch $500 again this month - but eventually the current push will peter out as it's got NO real news to support it, and we'll drift back down towards $300 or so next year, before the halfing price runup kicks the price back up quite a bit again.


 There is nothing "rational" about $400 at this point. Only reason I don't see it getting back down into the low-to-mid $200s again is the massive amount of "new money" that came into the ecosystem when the Chinese exchanges started being able to accept fiat currency again....
full member
Activity: 155
Merit: 100
December 16, 2015, 03:16:28 AM
#38
During a flash crash, the bitcoin price could go below $400 or lower. I think the price will be over $400 from Q2 next year.
hero member
Activity: 506
Merit: 500
December 16, 2015, 03:01:45 AM
#37
Not in the near future. The upward trend is going to continue at least into the next few months... It's not going to stop for now.
I am quite sure that we will soon see $400 for a simple reason that is called volatility. Even if the main trend switched to bull, there will be pull backs, during which you may expect testing of the support levels. Take as an example the last rally to $502 - we went down to low $300 afterwards. That may and will happen ahead again.

One of the points of pumping bitcoin to the ATH heights, is to create the space to come down and make great profits all the way.

The problem is, the market isn't positioned in the same way anymore. Some regulation has stepped in, and, short of just outright foul play on major exchanges, it would be hard to 'pump' that high.

legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
December 16, 2015, 03:00:38 AM
#36
My magic 8 ball suggests prices surely will drop below $400. Unfortunatly it doesnt say when.
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