Will BTC reach $600 during the first month of the new year? - page 24.

randy8777

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Quote from: JimboToronto on December 08, 2015, 07:51:26 PM

First let's just see if we can stay over $400 for a week.

Over $500 by Xmas would be nice though.

it will be very difficult to maintain a price over $400. if we indeed manage to stay at least above $400 for a while, then we can start building new support levels. only time will tell.

harizen

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Quote from: JimboToronto on December 08, 2015, 07:51:26 PM

First let's just see if we can stay over $400 for a week.

Over $500 by Xmas would be nice though.

Actually resistance and support around $400 is noticeable this past days. Good signs of a candidate of becoming a new floor. If the sudden pump today at the beginning of morning in Chinese exchanges will stop and managed to dip not less than around 400 then I will assume that 400 is near in maturity of becoming a new floor.

chennan

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Quote from: JimboToronto on December 08, 2015, 07:51:26 PM

First let's just see if we can stay over $400 for a week.

Over $500 by Xmas would be nice though.

I don't think this is quite a possible feat for the deadline to be by Xmas. Even with the super pump to $500, there proved to be some major resistance around that area. I think we'll get there eventually, but it might take some time.

JimboToronto

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You're never too old to think young.

First let's just see if we can stay over $400 for a week.

Over $500 by Xmas would be nice though.

harizen

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Quote from: hendra147 on December 08, 2015, 07:36:28 PM

Quote from: harizen on December 08, 2015, 06:36:36 PM

Quote from: hendra147 on December 08, 2015, 06:32:35 PM

we can see the bull buying at this moment because some people get sugestion bitcoin will be raise at 2016 (after block halving )
and im sure we will hit $500 again but not sure will reach $500 in december

Yes and that action is present for more than 100 hours now. Volume stating to us that more people still buy @ around 400 range. That's the spirit. If this continue I see new floor for the bitcoin price and to those waiting at below 300 just to buy, well goodluck. Its clear it's a failed.

price up again maybe we will reach $450 today Roll Eyes

- OKCoin: 414,49 USD
- Bitfinex: 417,65 USD
- Bitstamp: 413,71 USD
- CoinDesk: 414,77 USD
- Coinbase: 395,01 USD
- Huobi: 2.716,03 CNY
- BTCChina: 2.689,09 CNY
- ItBit: 413,95 USD

Honestly it can at 500 or even more if the growth rate is same and will continue up to 24 hours. Im not saying it will but there's a chance ny looking at the chart.

hendra147

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Quote from: harizen on December 08, 2015, 06:36:36 PM

Quote from: hendra147 on December 08, 2015, 06:32:35 PM

we can see the bull buying at this moment because some people get sugestion bitcoin will be raise at 2016 (after block halving )
and im sure we will hit $500 again but not sure will reach $500 in december

Yes and that action is present for more than 100 hours now. Volume stating to us that more people still buy @ around 400 range. That's the spirit. If this continue I see new floor for the bitcoin price and to those waiting at below 300 just to buy, well goodluck. Its clear it's a failed.

price up again maybe we will reach $450 today Roll Eyes

- OKCoin: 414,49 USD
- Bitfinex: 417,65 USD
- Bitstamp: 413,71 USD
- CoinDesk: 414,77 USD
- Coinbase: 395,01 USD
- Huobi: 2.716,03 CNY
- BTCChina: 2.689,09 CNY
- ItBit: 413,95 USD

harizen

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Quote from: hendra147 on December 08, 2015, 06:32:35 PM

we can see the bull buying at this moment because some people get sugestion bitcoin will be raise at 2016 (after block halving )
and im sure we will hit $500 again but not sure will reach $500 in december

Yes and that action is present for more than 100 hours now. Volume stating to us that more people still buy @ around 400 range. That's the spirit. If this continue I see new floor for the bitcoin price and to those waiting at below 300 just to buy, well goodluck. Its clear it's a failed.

the_poet

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We are at $410. Everything is possible.

hendra147

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we can see the bull buying at this moment because some people get sugestion bitcoin will be raise at 2016 (after block halving )
and im sure we will hit $500 again but not sure will reach $500 in december

harizen

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Quote from: ivanst776 on December 08, 2015, 02:49:00 PM

Quote from: harizen on December 08, 2015, 01:54:26 PM

Yes you are right and thanks for the support basis you shared. Right now the only reason I see to make it back to below 280 mark is really a big negative rumors and a big news.

I change my set target low price now at 330 and if the trend goes the way I want, I will increse my set target..

Your target is a bit low considering that the bitcoin price is very near to $400 target, december will be an interesting month for this year.

FYI Im not waiting for that price. That's my 'dip end target'. Im buying regularly every behavioral price dip up to $10-$15 less depend on the market moves and not that waiting too much like others do. I don't want to be stucked just because my target for low price isnt happening yet.

MaritiJames3

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January is cominig close, but so is the 500 usd rate. It won't go up that high, but seeing 450 usd would make me very happy.
Finally some value for my hard earned bitcoins.

HarryKPeters

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Things are looking quite good right now. I've not doubt we will see some more action this coming weeks.
But reaching 500 is still a long way to go. For that matter it is also possible that we go back to 300 again.

rally

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I think it can still go a little bit up at the end of the year.
Everybody likes giving out money.
But 500 will be a bit too high i think.

ivanst776

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Quote from: harizen on December 08, 2015, 01:54:26 PM

Yes you are right and thanks for the support basis you shared. Right now the only reason I see to make it back to below 280 mark is really a big negative rumors and a big news.

I change my set target low price now at 330 and if the trend goes the way I want, I will increse my set target..

Your target is a bit low considering that the bitcoin price is very near to $400 target, december will be an interesting month for this year.

harizen

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Quote from: chaser15 on December 08, 2015, 09:20:14 AM

Quote from: harizen on December 08, 2015, 09:02:11 AM

Quote from: asuryan180 on December 08, 2015, 08:45:05 AM

Quote from: harizen on December 08, 2015, 08:28:31 AM

Quote from: asuryan180 on December 08, 2015, 08:22:47 AM

Assuming the current price to be 400$ roughly ,it has to increase about 25% to reach 500$ and in about 22 days .
It's is not likely to happen this sooner ,maybe a couple of months cause i think 400~ is pretty stable already.

That is the interesting part here, stable at today's range. Don't mind if price doesn't reached $500 this month. Don't think of that who knows it will surprised like it did in the last big rally. Focus now on what bitcoin price is getting support right now. And be glad because Im pretty sure we won't see again those $200-$299 range.

I don't quite understand what you meant over there but I can't find a reason why you are so sure about bitcoin not reaching the 200~ again.
when things collapse you are lucky to sell it for 10$ a bitcoin.

Well honestly, if we are to based the current trend to the average volume rates and take all the summary (by monitor) of it by monthly, weekly, daily (your's to decide) @ let's say let's start at end of October, no reason at all for the price to much decrease "for now". We can actively see building resistance slowly at every floor it landed after the big rally. See it for yourself.

Agree with you. I suggest everyone to use EMA indicator and start at the last big rally up to today's volume rates. You will see that movement indicates that no reason at all to reached again at 2-- mark unless if there's really a big negative news that can pull the price down.

Yes you are right and thanks for the support basis you shared. Right now the only reason I see to make it back to below 280 mark is really a big negative rumors and a big news.

I change my set target low price now at 330 and if the trend goes the way I want, I will increse my set target..

Supercrypt

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Quote from: fulgdenea on December 08, 2015, 12:29:32 PM

Hopefully will see this price $500 or more than into next business week and this will be best gift on the Christmas there at the moment i am enjoying this great new stable floor $340.

I too believe the barriers around $400 will get broken within this week so that we can see the new higher prices above $500 levels. That would be the Christmas gift for many bitcoiners. Because many people are eyeing for higher price for occasions like Christmas and new year.

fulgdenea

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Hopefully will see this price $500 or more than into next business week and this will be best gift on the Christmas there at the moment i am enjoying this great new stable floor $340.

MissionPhailed

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I'd say yes. The rise in median value of Bitcoin has been slow and mostly steady in the last weeks; we're talking about roughly $100 up since the final decade of october. I might be talking jibberish as I'm not an expert regarding financial markets as a whole, but I suspect the slowly increasing value increased the trust of those interested in Bitcoin, thus causing more investments in crypto, driving the price further up, etc. etc ...

JayJuanGee

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Quote from: ?? on ??

pretty sure bitcoin price will hit $500 near christmas
i keep holding my bitcoin and wait the right price to sell it

hopefully you are not selling all of your BTC and you are planning to buy back after you sell

chaser15

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Quote from: harizen on December 08, 2015, 09:02:11 AM

Quote from: asuryan180 on December 08, 2015, 08:45:05 AM

Quote from: harizen on December 08, 2015, 08:28:31 AM

Quote from: asuryan180 on December 08, 2015, 08:22:47 AM

Assuming the current price to be 400$ roughly ,it has to increase about 25% to reach 500$ and in about 22 days .
It's is not likely to happen this sooner ,maybe a couple of months cause i think 400~ is pretty stable already.

That is the interesting part here, stable at today's range. Don't mind if price doesn't reached $500 this month. Don't think of that who knows it will surprised like it did in the last big rally. Focus now on what bitcoin price is getting support right now. And be glad because Im pretty sure we won't see again those $200-$299 range.

I don't quite understand what you meant over there but I can't find a reason why you are so sure about bitcoin not reaching the 200~ again.
when things collapse you are lucky to sell it for 10$ a bitcoin.

Well honestly, if we are to based the current trend to the average volume rates and take all the summary (by monitor) of it by monthly, weekly, daily (your's to decide) @ let's say let's start at end of October, no reason at all for the price to much decrease "for now". We can actively see building resistance slowly at every floor it landed after the big rally. See it for yourself.

Agree with you. I suggest everyone to use EMA indicator and start at the last big rally up to today's volume rates. You will see that movement indicates that no reason at all to reached again at 2-- mark unless if there's really a big negative news that can pull the price down.

Topic: Will BTC reach $600 during the first month of the new year? - page 24. (Read 80124 times)