Bitcoin Forum

Bitcoin => Press => Topic started by: tolikkk on July 21, 2015, 03:35:20 PM



Title: [2015-07-21]CCN-BITCOIN PRICE MAKING GRADUAL PROGRESS
Post by: tolikkk on July 21, 2015, 03:35:20 PM


Bitcoin price is holding above the rising support level near $276. Overhead, price faces some obstacles and may not advance immediately, but a larger advance seems more and more likely - with certain risk caveats, as outlined below.

https://www.cryptocoinsnews.com/wp-content/uploads/2015/07/Bitstamp_Bitcoin_price_chart_h1_11h02_210715_both.png

https://www.cryptocoinsnews.com/bitcoin-price-making-gradual-progress/ (https://www.cryptocoinsnews.com/bitcoin-price-making-gradual-progress/)


Title: Re: [2015-07-21]CCN-BITCOIN PRICE MAKING GRADUAL PROGRESS
Post by: cr1776 on July 21, 2015, 03:49:31 PM
With the next halving about 53 weeks away, that should provide a catalyst as it comes closer and more and more people become actively aware of it and what it means.  

I believe an increased fiat price will only help to increase adoption.  Over the next year, the upcoming halving should be an important factor in bitcoin <-> fiat valuations.