Post
Topic
Board Speculation
Re: Will bitcoin go back to bellow $400?
by
Amph
on 03/01/2016, 09:35:20 UTC
it easily might happen as the price of the bitcoin is not stable at all and it always goes up and down though i hope that it will go only up from now

We are close of the 400$ mark now at 433$

I think the economic events that will unfold in 2016 will spike up the price of bitcoins to thousands of dollars

I don't consider the $430 level to be close to $400. It may look like there isn't much space between $400-$430, but just look at the support around the $400 level. People will make sure it won't fall below that.

A big whale can push the price below $400 briefly, but it will go back sooner or later. The value is there.

that's why no big whale is stupid enough to do it, he/she will lose only his/her bitcoin, so manpulators are moving together when they hit i believe

now it seems they have taken a rest, the current stability is what i would expect in the future when bitcoin is already mainstream

-+1% of swings are perfectly normal in many markets