Post
Topic
Board Speculation
Re: Will price be at around $700 by end of october
by
MingLee
on 08/10/2016, 16:32:03 UTC
Currently price is trying to break $600 but still lots of selling force is trying to push the price down under $600. What you guys think can this October bring another good pump pushing price well above $700 ?

I'm not much a good predicted, and I like to predict based on the facts and from the general knowledge, and based on the current trending I can't say that the price will be $700 later this moth, maybe a maximum of $630.

I put my vote on $650 price by the end of this month, as price is stable at a moment and it may increase  in next couple of weeks but that is only possible if people will keep on buying bitcoins.

Not bad, that price is reasonable and by now the price is around $620 and is not far from our target for this month, since the price of bitcoin has been stable for a while we can't expect a huge pump because there will be also a dump after that.

the rise has been good and with a very solid buy support. and i am very glad to see bitcoin could hold this price above $600 and not go down despite so many naysayers saying nay Cheesy

and if it continues this way, i am sure we will be above $700 in less than 2 months.

The 1st week of october is great for bitcoin as its price went up to $620 and still going up. If this continue then it may reach $700 by the end of october.
It might go up that high by the end of the month, but I would expect Bitcoin to be somewhere around the mid $600s if anything, and probably not just a $100 rise over the course of one month. The market has to reason to pump it up that high and unless there's some news to move it upwards we'll just see some natural progression.