Post
Topic
Board Speculation
Re: 2016 Bitcoin Predictions
by
Herbert2020
on 24/03/2016, 08:20:50 UTC
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.

i agree with this. the price is going to be stable around $410-420 for a longer time, probably 3 more months.

Quote
2. 40-50% spike for block halving hype.

i think the spike is going to be much bigger than than. probably from $700-1000

Quote
3. Retracement back down to $400-$500 level.

depending on how big the bubble is, going back is going to take a long time and i don't think it will come back to $400 level. the next low is going to be at least $500

Quote
4. Slow rise to $700 per BTC once weak hands are out.

obviously, since bitcoin is growing everyday.