Post
Topic
Board Speculation
Re: The Drop
by
serjent05
on 28/10/2016, 17:02:18 UTC
If bitcoin value exceeds 700$, what is the price before fall?
I Also think that if the price for bitcoin will reach the point of 700$ the drop may not happen. Today the price is really close to the point but who knows what is going to be next. I think the only thing that may happen is that bitcoin price will get frozen around this 700 $ level as it was with it's previouse with getting frozen on the price around 600$.

This is what im thinking too.  IF bitcoin reach the barrier of 700 USD, then it will be it's next floor and start climbing 800 USD.  fall back from the climb can be around 700 usd but as long as there is no bad press to occur, bitcoin will steadily increase in price value until it hit its new ATH by the end of 2017.