Post
Topic
Board Speculation
Re: I think the price will rise again above $400
by
Xestadar
on 22/08/2016, 07:29:43 UTC
It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.
we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.
the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon

I do not think so. If there is no good news about the bitcoin, the price could trade around $550 for the next 6 months.

That is right. The price will not be higher until the release of the next Core Client.

It might rise to $600 after the market accepts the new SegWit.