Post
Topic
Board Speculation
Re: $1200
by
uki
on 25/02/2017, 14:26:10 UTC
bitcoin prices really go up and almost touched the $ 1,200 price. I believe, tomorrow for sure the price has exceeded $ 1,200. the speed of price increase is happening so fast. I just hope that these prices will be completely stable in the long term.
I think the price will still not touch at $1200 value and i think the price could be still stay long in this price.. or the price could be decrease soon..
Just lets hope that the price of bitcoin will not go down below $1000 if its  happen the price could be increase and touch to $1200.


What do you guys mean? 1220 was hit last night. We've already hit 1200 several times

There is strong resistance at $1200 levels. We hit it only fleetingly. As soon as we cross $1200, a fresh wave of profit booking starts.
We have to break $1200 conclusively - make it the new floor.
$1200 new floor? well, that is very ambitious, to say the least. we may cross it for a bit, in this or the next pump, but that has yet nothing to do with setting a new floor. Floor to me is where the massive selling would stop. For now I consider $700 is the floor candidate, yet to be tested.