Post
Topic
Board Speculation
Re: If we hold 300...
by
Docnaster
on 02/07/2016, 16:08:01 UTC
I think it is better for the bitcoin price to stay around the current levels for a few weeks, then it will rise further.

Long period of solidation is very important for the bitcoin price. That 6 months consolidation increase the price a lot.
Well it would be good for bitcoin if it will hold to 600$ for 6 or more months.  Grin Well I think if it will hold it will only 500$ I hope so I guess ill just wait after halving what will really happen after halving. Hope that it won't go down below 500$.

the price keeping its position above the $600 price level is also fine with me, but if it happens to fall back to sub $600 prices, a lot people will get disappointed. it took us so much time to get here. but who knows... maybe we'll experience a nice rally in the last days before the block halving. that's what i am aiming for.

I think the bitcoin price is very good at the moment. It did not drop below $500 a few days ago and it is stable.

The bitcoin price is consolidating after the big rise in the last months. It is waiting for the next big rise.