Post
Topic
Board Speculation
Re: voting: $750 in 1/12/2016?
by
pooya87
on 28/11/2016, 04:36:31 UTC
price will remain the same as today around $730 with a +- $15 ish fluctuation. mostly because rise has slowed down and we are entering another stable phase that i have seen at least 20 times in the past year or so.

I vote for low 700s which will chop into next year. the excitement might be over for the year. doesn't matter. it's been a positive year overall.
I think the correction is due, and we should see a 20-25% drop. But not on December 1st, that seems too early to me - therefore my vote slightly below $750.
And I agree that 2016 was very positive for Bitcoin.

correction means when there is a big rise, a small drop happens and it happens right after the rise not after a couple of weeks! and this correction is going to be 20-25% if the rise were 40-50% which makes your statement double wrong Smiley