Post
Topic
Board Speculation
Re: Analysis never ends
by
prophetx
on 24/11/2014, 12:46:34 UTC
sub 300 you mean ? 1xx is a long way from here.

No, he means sub 200. And yes it is a long long way from here. Institutional investors will be buying hand over fist below 275.

I think it was a typo and he meant sub $300.

A retest of the lows is quite possible, but sub $200 seems far fetched.

I'm thinking sub $100 before this bear is over, but then again, I'm the crazy one who thinks the bear market still hasn't really even started Smiley
I think sub $100 is a bit of a stretch. The price has tended to bounce up when the price has hit the low to mid $300 levels several times this year. It might be a possibility if we ever break $300, but I don't think we will

would be great if we went down below 275 but the chances of that happening are slim to none, although I am going under the assumption that these bitcoin payment processors like circle will start making a push get more users.

if they don't bitcoin could easily drag down to the 1xx's over the next 6 months