Post
Topic
Board Speculation
Re: Price rise is over
by
richardsNY
on 08/04/2016, 18:38:44 UTC
The price rise is over for now but it will not take a lot of time before it will rise again in my opinion.
Its just all a matter of time before its gonna rise again, it has a pretty good future also because of the halving so because of the halving it will also rise at the end of this year.

this topic was created a long time ago. and was meant to be a FUD. and ever since there has been only one down and a lot of small size rises for day-trading. and the real rise is not even yet happened.

The real peak rise in price happens at the time of halving. Now small variations were experienced over the price for a long time. This is expected to rise up by the falling weeks or months as halving is getting closer.

If the price has been going up nicely in the runup to the block halcing, then I think the price will start to come down just after the block halving is completed. People will sell to take profits and that will make the price come down significantly. It makes sense.