Post
Topic
Board Speculation
Re: Who wishes they had bought bitcoin when it was $540 or so?
by
MatTheCat
on 08/06/2014, 02:27:27 UTC
We already had a correction from 680 to 630... Now I think prices can go to 700s in the next 1-2 weeks.

Yup, we eventually did have our correction. But only a 23% Fib ratio correction. That isn't very much. I was sitting babysitting my position when it hit $620 the otherday as well, but that wasn't a good enough correction for me, so $660 it was and that will be me out of trying to trade Bitcoins for the next little while since my recent attempts have served as nothing but a means of profit minimisation.

Prices could go easily go higher than $700 in 1-2 weeks.