Post
Topic
Board Speculation
Re: What is happening to BTC price?
by
sishendaoye
on 05/01/2016, 21:35:56 UTC
The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

Well the next support after 400 is 380. I think it will be very hard to break.
People will just jump on a price of 380 price of bitcoin.

A big whale can manipulate the bitcoin easily as the market depth is too low. But that will not last long.

Na I don't think so. The time of big whales running the show is long gone. Today you need at least 10-15 big whales to shake up the price.
So it's not 1 person deciding to play around with bitcoin anymore.