Quote from: AjithBtc on March 24, 2017, 10:43:56 AM

Quote from: ralle14 on March 23, 2017, 08:03:48 PM

Quote from: mr.mister on March 23, 2017, 07:00:26 PM

Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?

I'm thinking the same thing ~$800 could actually be the next price floor of bitcoin in the next upcoming months. I feel like there will be some dumping that might happen before or after the fork. This is just my 2 sats.

I feel that the price of bitcoin won't fall anymore. Possibly it will be standing above $1000 by the upcoming months. The reason is that bitcoin has the potential to withstand hard situations, because long back itself bitcoin have faced several such issues in its path.

Well, the only issue is that the people are panicking and thus the moment we almost break resistance we always fall back down with red candles. Until we resolve the BU and BTC + Segwit as well as the HF situation we'll continue moving sideways or down. There's just nothing to trigger more buying because there's nothing actually good that could happen to cause this. Of course we have withstood bigger situations without much issue but at this point nothing is getting done and it's just a stalemate between BTU and the rest of the bitcoiners.