Bitcoin Forum

We just hit a new 24 hour high with solid momentum and are getting much closer to the monthly high.
Big Rally In Progress!
How much higher can we go?

500 shouldn't be too hard!

At the time of typing this were at $460 value mark so I think it would be ideal to expect a $50 price increase mark at least in this point for the remaining of the month if we don't get any sudden bumps here in there and have a gradual growth.

To $500 we go at the end of December!

It would be good if we suprass the 478 price, next stop will be at 500.
With current sentiment I think it is possibly to meet the 500 price before christmas. We should overcome 478 usd.

480 by Christmas I think

We do have two weeks before the new year , so I'd say we can reach 500$ per BTC before that !

It is indeed going the good way.
First i thought a few weeks ago 500 dollar should not be possble at all, but now i think it is possible. Let 's hope so and that it doesn't go down after christmas. Bit by bit upwards is the best i think.

Bitcoin has been trying to break that 460 ceiling a few times this week already. I hope this time it breaks through it. If it happens, I am guessing 500 to 550 is an easy target before this month ends.

The rally got stomped down pretty fast.. Looks like there is some strong resistance that wants to keep the price lower for the time being.

Possible bear trap though, we could be in for a real breakout any moment!

Today I have seen bitcoin go to 466 dollars I think for bitcoin is kinda hard to break 470 dollars for now.
I think next week will break and go to 500 dollars lets just hope that it goes that high.

it will be the same story with the 300w all, if we can break the 500 wall and be stable above it, then 1k would be easy to reach with a new bottom maybe around 700

the last ath would not be a dream anymore

I guess its a good thing of the rally of growing price started isnt it? It means that we will have a growing price and in my opinion it will surely settle down on a higher price than ever before also it would make me a lot of money

My best guess is we'll at least hit $500 again before the year ends. I'm hoping it will be somewhere around next week.
Once bitcoin is at $500, it's halfway there to get back up to $1000. I'm really hopeful for what next year will bring to bitcoin.

24 hour high does not tell us anything. We have many 24 hour high before, the price dropped from $1200 to $200.

I think $500 is the roof for this year. We'll probably touch it, but it will most likely fall back to stay below $500 for the rest of the year. We've seen this happen quite a few times already. Don't think it will be much different.

What I can tell you that bitcoin have a good start to begin with. I think it will reach to 500 dollars and in the new year well be still around 500 dollars I think. So that can be a good start to 2016 so that before halving can reach 1000 dollars or around 750 dollars.

There is no any solid reason for bitcoin to go down till halving but it can happen if some whales try to manipulate the market. We are good to go beyond 500 this year. Bitcoin has been underpriced from many months now its time for overprice for block halving party.

Touch $500, possibly. Stay there on a longer basis, not yet. I don't see enough momentum to produce a stronger rally. There is no significant news or developments to ignite a solid buying. Therefore the latest price action should be taken with a grain of salt. We can rise quickly and then fall back to where we were before the rise at no time. Halving is still too far away to have stronger impact. That is to come in the spring 2016.

Big rally or natural user adoption?

What happened your old account?
You made a new account just to post negative comments lol

It's a great thing if a big rally is in progress...
Records are meant to be broken, not just this rally, but let's hope to see $1.2k records broken and let's go ahead higher and higher... :)

Yes it does: The 24 hour high tells us the max value in the last 24 hours.  :D

Trading has short, medium, and long-term time frames. The 24 hour high can tell us a lot about short to medium-term direction, and even better...
People who question (or laugh at) technical analysis have a point, the result of "chart reading" can be terrible. The all-time #1 trading tip, imo, is:
False technical signals can sometimes/often lead to huge moves in the opposite direction, since 'the market' is caught by surprise, even many traders who frequently make money.

In Australian Dollars it's $650 at the moment which seems huge. I'm still waiting for it to come crashing back down but it keeps going up.

It has been about two years since the last real bubble, many people either never experienced one or forgot how those times were.   

It going to be fun next year when we hit one or even two bubbles.

My best guess is $500 before or somewhere around Christmas.
Bitcoins has been balancing around $460 - $470 for a couple of hours now. $500 doesn't seem impossible at this point.

It seems the sentiment is positive to Bitcoin's price. It should depend on how large of the capital is injected into bitcoin. The more, the higher the price will be pushed to. Every one is expecting that.

We still got a few weeks to touch 500 before the year ends. Til then we can say that the overall market sentiment is appreciating and therefore demand would also increase. It's quite happy to think that the coins I bought for sub 200 are now worth double than it was before. :D There are things to be thnakful for and 2015 is just one of those. :D

The price has not moved much in the last month also. So it means the capital injection is just enough to cover the revenue of miners.

yeah, price has clearly stabilized on a higher number, with some ups and downs, but always far above the numbers that were normal in the beginning of 2014. It is likely to become stable above the 450$ mark in some weeks or perhaps a couple of months.

I agree with that. The price is not too bad for the last two months. It is preparing for the next push to $500 in the next quarter.