Post
Topic
Board Speculation
Re: Without huge buy on 9.23.2014 where would the price be today?
by
Undefeatable
on 27/09/2014, 05:02:42 UTC
We hovered around 400 for a few days then shot up to 450 on 9.23.2014 and now we are back to 400 within a couple days.  If that big injection had not happened on 9.23 would we be around 350 or even lower?

I know this is impossible to say for sure but I want perspective from those who try to quantify/model supply and demands affect on price.

I dont think so, most people won't sell below $400 so thats why it is hovering that level.