Post
Topic
Board Speculation
Re: 2 week target $160
by
Amph
on 02/04/2015, 12:57:30 UTC
i would say chances are 93% that the price will rise, i don't expect the price to fall below 200

any value beolow 200 will trigger a good buy that will rise the price above 200 again

Every price level on the way down, people say "once bitcoin goes through that level, it will trigger buying which will stabilize the price". AT some point, the people doing the buying will be all out of dry powder...

buying at current price is not the same as buying at 50-100 or lower, maybe it's not under 200, but the lower the price the more strong the buyers support, this should be an easy logic to understand, so no every price aren' t the same