Quote from: aardvark15 on January 04, 2017, 01:28:39 AM

Quote from: BitMaxz on January 03, 2017, 11:05:23 PM

Quote from: richardsNY on January 03, 2017, 10:55:43 PM

Quote from: Dux2K on January 03, 2017, 09:51:02 PM

If it need to go down it will be on 900 dont think it will go below that.
Also dont think we will see it goes below 1000 if we see new high for btc

Never say never when it comes to Bitcoin. At the time we reached the ATH literally no one ever expected to see the price fall far below the $200 level again. It's a drop of more than $1000 that we have experienced. It doesn't mean exactly that will happen once again, but it just shows that there isn't any level that the price won't dive under. It will happen. The only question is when.

We will not know the exact time but we can relay in the last year that honestly there is similarity of movement not the value but the fluctuate movement there is similarity and i think we will experience of price drop this coming next month or before february this is just what i analyze from the last year movement.. well the bitcoins before and how its popular is not the same right now and maybe right now will be different..

With such a huge increase in a short period of time, it makes sense that we will have some kind of correction. We just don't know when or how much. I don't think we can have such a sharp increase without a drop.

I guess we may see a test of $700 support, before returning to any rise. This was already quite a nice bubble we saw, and now we need to check the real market price, before the uptrend resumes.