Post
Topic
Board Speculation
Re: Poll: How high will this current bull run go?
by
futurebit640
on 01/11/2015, 05:12:36 UTC
We did fall down all the way to $307 on Bitfinex. I think that everybody are in a waiting mode at the moment and people are waiting for someone to make a move with a huge sell or huge buy.

I hope we will stay above $300 though. It would be great to form a floor here!

Prices after hitting around 335 to 340 range now looks like slowly cooling down. Today prices are already less then 320 range so I think it will settle down around 300 or slightly less the 300 range for some time before moving up again. If this cooling happens then it is good for btc prices to move up again otherwise if just move one direction without correction then it may come back also very fast.