Post
Topic
Board Speculation
Re: Welcome back! $700
by
chopper873
on 03/07/2016, 10:56:42 UTC
For those who are not updated to the bitcoin price well I just post these for additional information of others And now it  reached again the barrier of $700 in https://www.bitstamp.net/
And the current price now is $702.94 as what we expect it will increase and increase until the halving.

So come on just wait and relax. It will reach its highest price this time. Grin

Cheers!

You will have to wait for a new high price.I'd say give it another few more months, maybe 6-10.
Regarding the $700 it seems there is not enough buying pressure to finally break it at the moment.
The volume is still not that impressive and another drop to where we were a few days ago wouldn't surprise me.
I don't expect much movement until halving or shortly after it.The next real growth will happen with a bit of delay, at the end of this year imo.

I expect the price to stay in a $30 to $40 range between $670 and $710 for the next week, so it will probably go to $750 soon. I agree there will be a time delay between the halving and impressive rises above the ATH, so it will probably go impressively above the ATH before the halving.