Post
Topic
Board Speculation
Re: If we hold 300...
by
zalucia
on 04/07/2016, 09:54:41 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.

the longer the consolidating period, the higher the price will go after the consolidating. It will rise at least 50%.