Post
Topic
Board Speculation
Re: Is this a bear trap or pump is over?
by
Oscoda
on 27/05/2016, 14:27:48 UTC
From today's price, it seems that is a bear trap. The price of bitcoin will go to $550 to $600 in two months.

Conservative estimate, but i agree

it was quite definitely a bear trap, and the bull run seems to be on.

I hope the pump isn't over, would be really nice for this rise to pick up again over the weekend. I guess we'll have to wait & see where this unpredictable ride takes us Smiley
You see that the value of the Bitcoin is now not rising that fast and that is because you also know that the value of the Bitcoin was stable for a long time so it needs to recover.
But I am for sure that it will reach the $500 in the end of the year and that is because the halving is also coming.