Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
market is stable, not overbought/sold and price is creeping up
volume ath was today, isn't that good indicator of bot? maybe it bounces to 800+ and then consolidates somewhere at 600 +/-100
volume ath was today, isn't that good indicator of bot? maybe it bounces to 800+ and then consolidates somewhere at 600 +/-100
come back down to earth. It won't be back above 650 for a long time, like 2014. maybe
statements like these are always bound to fail when it comes to btc price
Maybe. but the price before btc fever in china was about $180. It's now a month later and we hit over $1200, now it's $550 and it was dropping before this news. The latest news today is just the short term nail in the coffin!
I have no doubt BTC will be back to $1200 and beyond, but to say this is happening anytime soon is just wishful thinking.
you're saying that bitcoin will not be above 650 in 2014?
btw. i did not mention 1200.
I think he was trying to said that bitcoin wouldn't go above 650 til next year (2 weeks from now
).Going to bed and hoping not to see something like $300/btc in 6 hours :<