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Topic: Will Bitstamp Hit 1000 per BTC Today? (Read 793 times)

hero member
Activity: 840
Merit: 1000
January 07, 2014, 02:41:30 PM
#8
No. The market is much more cautious this time around. I expect more downward pressure, probably breaking $800, then consolidating.

There's too many shady exchanges in the Bitcoin world.

Next major support suggests sub $700.

Taking a look at the chart over the past month or so has shown that bitcoin just loves slamming into them supports, today's flash crash on Bitstamp to 817 being no different....currently trending back down towards that region and i don't think that 817 will be the low for today.
hero member
Activity: 1302
Merit: 502
January 07, 2014, 02:20:35 PM
#7
No. The market is much more cautious this time around. I expect more downward pressure, probably breaking $800, then consolidating.

There's too many shady exchanges in the Bitcoin world.
legendary
Activity: 1064
Merit: 1001
January 07, 2014, 02:20:16 PM
#6
No.
member
Activity: 98
Merit: 10
follow me on twitter @BitcoinBender
January 07, 2014, 02:14:50 PM
#5
I don't see why the price is going down even with the good news coming out of india
sr. member
Activity: 308
Merit: 250
January 07, 2014, 05:47:18 AM
#4
I would like it to break the wall and then some so it can make some nice trades on the correction  Cool

Indeed, please inform me by PM when this will be happening  Wink
member
Activity: 98
Merit: 10
follow me on twitter @BitcoinBender
January 06, 2014, 11:21:29 PM
#3
I would like it to break the wall and then some so it can make some nice trades on the correction  Cool
full member
Activity: 154
Merit: 100
January 06, 2014, 11:15:29 PM
#2
We'll never know until it happens or not  Wink

I would prefer the price to stay low for at least a few months - don't want it to soar while I have limited coin  Cheesy
member
Activity: 98
Merit: 10
follow me on twitter @BitcoinBender
January 06, 2014, 06:21:51 PM
#1
In your opinion do you believe there is enough buyers to push price above $1000 on Bitstamp again or will the wall hold? Explain your thoughts.
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