Post
Topic
Board Speculation
Re: Price rise is over
by
Babayega31
on 26/05/2016, 22:45:49 UTC
After the halving, price will DROP, not rise. Why? Simple answer is because the market is heavily manipulated, they know most people expect price to go up, so by dropping the price they can profit.

We will see a rise in price to maybe 900-999, in December 2016, it will crash in rapid fashion down to 200-300 in January 2017.


Hope it will happen but you have some point with that because after price rise massive people will do massive selling by that time and it can actually affect bitcoins price and if many people sell it can create chain reaction of massive selling just what like happen back in 2013 the price of bitcoin goes up to 1k$ and so on the price goes down.