Post
Topic
Board Speculation
Re: $471.80 on coinbase exchange
by
Dotnetin
on 30/04/2016, 08:05:47 UTC
We already were at these price levels in January this year, after what followed a rather large dip to about 350 USD.
I wouldn't be surprised if the same thing happened again, and then another boom just before the halving .. Either way you turn it around,
im not really impressed by such rather low increase.. What happened to high hopes of 1k+ usd ?


Yes but do you remember how we got there? Via a quick and steep rise up to 504. Of course it was obvious that this run would have a correction. Now things are looking much more sustainable and solid.
A rise with low volume is very often a good sign!

A rise with big volumes and rise very slowly is even better. When the price is pumped, it will be pumped later.