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Topic: Will bitcoin go back to bellow $400? - page 28. (Read 27241 times)

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 16, 2015, 02:52:55 AM
#35
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.
legendary
Activity: 2436
Merit: 1366
December 16, 2015, 02:15:19 AM
#34
I believe there is a chance of returning to $350 range but I do think it will not settle there too.
$400 is more rational price.
hero member
Activity: 700
Merit: 500
December 16, 2015, 02:06:20 AM
#33
At this time, I doubt that it will. The price is stabilising at around $450, it will drop to around $430 but I doubt it will go as low as $400.
legendary
Activity: 2240
Merit: 1069
December 16, 2015, 12:21:02 AM
#32
It happened before, it can happen again. Anyway, if it fall back down to below 400$ it is just another opportunity to buy more coins and hold. My guess is it will fall back but not lower than 300$.
legendary
Activity: 1090
Merit: 1000
December 15, 2015, 11:00:33 PM
#31
As we've seen a few times, Bitcoin does take 75+ dollar dumps. Once everybody starts feeling bullish, it becomes perfect time for the mm's to drizzle out and buy back lower following a death blow.

That's what makes a lot of us gun shy about hodling.

There have been ... what ... 2 decent dumps in the last month. The first one was major but didn't cause the "death blow" we have seen so often in the past and with altcoins. The second dump was just a ripple.

We may get a major sell off for holiday fun and funds in the days to come.

I no sooner typed this and it dropped 20 bucks ...
legendary
Activity: 1344
Merit: 1006
December 15, 2015, 10:36:05 PM
#30
Everyone prays the Bitcoin exchange rate to go up, you can count me as one of them, but lets face it, it will go down, it might not be as a big drop from $460 to $350 in 24-48 hours. We may see it starting end of year 2015.
hero member
Activity: 506
Merit: 500
December 15, 2015, 10:22:38 PM
#29
As we've seen a few times, Bitcoin does take 75+ dollar dumps. Once everybody starts feeling bullish, it becomes perfect time for the mm's to drizzle out and buy back lower following a death blow.
sr. member
Activity: 378
Merit: 250
December 15, 2015, 10:17:14 PM
#28
Not IMO. The bullish wave is probably too strong for it to collapse any time soon.

But if you're talking long term, then it's very, very likely that bitcoin prices will take another hit before going the whole way up again.
Pab
legendary
Activity: 1862
Merit: 1012
December 15, 2015, 10:09:26 PM
#27
I rather see upward trend.It is not fast pump btc is climbing
hero member
Activity: 756
Merit: 500
December 15, 2015, 09:58:27 PM
#26
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?
this price increase seems a bit weird. last time bitcoin went up in price it was really fast and it dropped drastically. but this time its increasing gradually so it makes me think maybe the bubble wont pop and it wont decrease drastically this time.
legendary
Activity: 2156
Merit: 1018
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December 15, 2015, 09:33:29 PM
#25
We haven't been above 400 that long at all so I think the odds are decent we'll see 330-360 prices again within 2 months. Personally I really hope so, and wish I bought more coins early this year.

I think the market is quite bullish though, and its not a mini bubble now but mostly healthy, natural growth (pumps being a part of this),  so I would be surprised if we fell <300, especially with the halving on the horizon and the near-complete fabrication of the funny money world of fiat currency due for another predictable minor spasms of collapse in 2016 in my humble estimation. (When its gets harder and harder to print yourself out of debt, the value of non-fiat assets and currencies will inexorably climb. The Earth is due for a lot more war or at least a couple countries economies crashing as fiscal realities clash with unreal monetary policy in 2016).

legendary
Activity: 1834
Merit: 1036
December 15, 2015, 09:03:54 PM
#24
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
legendary
Activity: 2772
Merit: 3284
December 15, 2015, 08:53:13 PM
#23
$400 isn't that far away, so it could (hopefully) happen.
legendary
Activity: 1568
Merit: 1000
December 15, 2015, 08:46:04 PM
#22
Yes I don't think there's strong support so far to say it can't go below $400, it happened some weeks ago and it can happen again. I don't think it will go below $300 anytime soon though...
legendary
Activity: 1596
Merit: 1027
December 15, 2015, 08:44:14 PM
#21
Of course it may go below $400 in the very next days. Why not? What would hold it? we are not in the mania phase yet, not even close to it. We just finished last bear market and there is still a lot of trips below and above $400 ahead of us.

pretty realistic approach!
legendary
Activity: 1176
Merit: 1001
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December 15, 2015, 08:28:06 PM
#20
We may have a crash in short term(1-2 months), but I doubt below $400.
yes, hope can see price crash to below 400, asap! maybe it will happen in this month at least i agree we have time 2 month to see price crash
legendary
Activity: 2660
Merit: 1074
December 15, 2015, 06:33:40 PM
#19
We may have a crash in short term(1-2 months), but I doubt below $400.

This year I doubt we'll see a crash, maybe some sideways for some days, specially between Christmas and the end of year.

Until next to the halving the tendency is the price goes up, but after the halving, impossible to know.

The current uptrend may be recovery from 2 years of bear dominance, natural growth, manipulation or involuntary manipulation because most people think that the price will rise before the halving
hero member
Activity: 658
Merit: 500
December 15, 2015, 06:23:19 PM
#18
probably flash crashes are gonna happen!
hero member
Activity: 616
Merit: 500
1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr
December 15, 2015, 06:11:29 PM
#17
No one can tel that, but as it looks now, we may never see sub $400 again. Market is pretty bullish and next year is that halving event so Bitcoin could find higher floor we even imagine now.
legendary
Activity: 1090
Merit: 1000
December 15, 2015, 06:03:37 PM
#16
Don't hold your breath waiting for bitcoin to fall below $400.

We were so used to watching btc go down over the last couple years that a steady rise does not compute.
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