Quote from: Gemniet on July 01, 2016, 03:41:15 PM

Quote from: Pursuer on June 22, 2016, 06:59:08 AM

Quote from: parmatiya on June 22, 2016, 06:49:52 AM

Quote from: yhansky on June 21, 2016, 08:17:06 AM

I think the sudden price of bitcoin that happened today makes bitcoin more stronger,, huge dump has made bitcoin price goes down at 680,and for sure that price will be next stable lowest price of bitcoin.

As long as the bitcoin price is above $550, the up trend is not broken, the price will go up again. But it might stay here for some time.

that's right.
the stable price was $450 with very tiny rises before it broke $500 and then everything speed up to get to $700+ which you can even consider this rise a mini bubble which has no other choice buy to burst and go down again. but the fall is never back to the initial price but a price above that so I guess $600 can be a good estimate for the bottom before another rise.

The $550 to 600 could be a near future bottom of the bitcoin price. I do not think it will go below that.

The bottom of the trading range could be $550 and the top of the trading range could be around $700.