double digits they said..
Im interested here.
Care to share some of the links who are you talking about then we will discussed some of the basis they will shown here in the community. I will wait.
There was a poll about it with a few sub $100 predictions. There are a few sub 100 posts copied below the link.
POLL:How likely do you think it is we see double digits in 2015?
I posted a screenshot of this chart guy's post so you can see his signature says the sentiment's still bearish now.
The fact that the majority here thinks that there is no chance for double digits to happen makes me think that double digits is going to happen. Maybe even 40-50 dollars.
chances are very small to even not possible as the halving is getting closer which at some point this year will make people hoard bitcoin to not miss the train.
Guys come on. Forget the halving myth. We know well in advance every halving in the next century!!! These things are going to be priced in long before the happening. It will not have the influence you suppose it has.
If $210 doesn't hold we will see $60-120 almost for sure. Selling pressure and mining alone will lead to a price decline even if all the holders don't fold.
The sentiment is still 50/50 - it feels too bearish and too bullish at the same time. Don't know, what I should make of this. -> Well, waiting seems the best for now. Plus having 50% in fiat and 50% in bitcoin. Buy, if we break $240 - sell if we break $210.
I believe there's 100% chance that we will see double digits within 8 months. Bitcoin prices have been steadily and consistently declining for over 16 months. And it will continue the trajectory for the next 8 months or so, without a major breakthroughs like the Winklevoss ETF. With or without the ETF, the next halving will have an effect on the price. By the end of 2016, we will see the btc price rise to $5000. However, there's still more blood ahead in the short to medium time frame.
This is a post from a chart guy thread full of sub 100 predictions.
Seems we (may) have completed 3 of 5 waves down, which for me begs the question of whether this impulse will be the entire final leg of the 2-year bear market, or just the start of it ((1) of V of (C))?
If the former, it may likely end as truncated/double bottom depending on how far the 5 extends. If the latter then capitulatory wave to lower 100's/double digits is still on the table, although (2) will probably need to retrace very heavily (ie to ~$260's) for the rest of the impulse to maintain reasonable fib proportions.
Curious to hear your guys thoughts on this, or any alternative counts.
If the former, it may likely end as truncated/double bottom depending on how far the 5 extends. If the latter then capitulatory wave to lower 100's/double digits is still on the table, although (2) will probably need to retrace very heavily (ie to ~$260's) for the rest of the impulse to maintain reasonable fib proportions.
Curious to hear your guys thoughts on this, or any alternative counts.