Post
Topic
Board Economics
Re: Bitcoin's Next Direction 2017 Predictions
by
minero1
on 01/05/2017, 23:54:36 UTC
Rising to $1,500 stage. I'm looking for at least $1,400 before looking for downturn.
Price at $1400 is reasonable and it seems easy to achieve, this year the price was up to $1300 bitcoin for 2 times but always drop again and january ever reached under $800. But I'm sure prices will slowly rise and will not drop again.
It is a reasonable price to be at but if it goes up too fast then we will be in the same situation as we were in before when this happened.
$200 increase all at once then boom it drops $600 within the next 72 hours.
Those were times you can see on the bitcoin price watch thread and can be recognized by all the crying done at that very time when it happened. Alot of gifs and memes of a cliff diving Wild.E coyote.