Post
Topic
Board Speculation
Re: Unable to break $400
by
pooya87
on 08/03/2016, 13:23:15 UTC
As it was mentioned before, this was a very organic climbing. I think we are over with 400 barrier and trying 450 but this is not easy as some investers are trying to make profit. However, i still believe that we are going to see over 450 before april.
That's the first time I heard of this kind of term used to describe bitcoin or anything to do with computers, at the very least  Wink

But seeing 450 before April is hard to see happen before the summer approaches with the halving happening that is bound to change the price for the better. From what everybody has been saying about it for the last year.

seem like evry time price is near 450 it goes down to 405, if this price is broken 500 will be easy to hit to much pressure is on 450
This point I agree with as I have been seeing what you are saying in the past week happening. It just can't stay above $401
Once it hits $500 it will be unstoppable to go under that again.
Just hoping it does by the end of this month.

the price always moved for a reason there is either some sort of manipulation that changes the price or some sort of drama / news or even FUD that changes the balance of things.
for example what Mike Hearn did caused a lot of drama in bitcoin and caused the downward slope.
the interesting thing is that bitcoin has bounced back after each incident and it is right on track again.