Post
Topic
Board Speculation
Re: The Drop
by
Johnyloco
on 27/10/2016, 11:40:52 UTC
If bitcoin value exceeds 700$, what is the price before fall?

with the way bitcoin price is going up i wouldn't be expecting much of a fall after each price. so even if price goes over $700 it can stay there just like other 100 ranges before it and 700 can become the new bottom soon.

in other words if you are thinking about a big drop, then don't waste your time waiting.

I'm not looking for a big drop but I expect the value to fluctuate around $700 range for awhile.


It surely flactuates for that price since the rally still goes up and if theirs no intervention will gonna happen im pretty sure that price rise will still go as it far, but we can't take out the possibilities that the price will go dip since many people will surely sold their coins since i think theyre satisfied for the earnings they get for this round, but surely the level of downfall will not be turn to its critical level and surely the price will go up untill we reach maybe at 800$ peak price.

I agree with a high possibility for a peak price at 800$. I think resistance will get stronger above 750$. It should be more than okay if the road till 750 will take a few weeks, so that that is enough support to take on the 800$ mark