Bitcoin Forum

Economy => Speculation => Topic started by: Tirapon on March 28, 2013, 08:26:08 PM



Title: Pullback from $100?
Post by: Tirapon on March 28, 2013, 08:26:08 PM
So far we've seen significant pullbacks from $50 and from $75. It looks like we could easily bounce off $100 just before the weekend (which I seem to remember was what happened at the last two levels of resistance). Is it likely that this pattern will repeat?


Title: Re: Pullback from $100?
Post by: chriswen on March 28, 2013, 08:35:02 PM
look likes it $88


Title: Re: Pullback from $100?
Post by: Tirapon on March 28, 2013, 08:38:17 PM
Is that current price on MtGox? I'm seeing $93...


Title: Re: Pullback from $100?
Post by: Crazy on March 28, 2013, 08:38:43 PM
No, it's $85.


Title: Re: Pullback from $100?
Post by: Tirapon on March 28, 2013, 08:44:05 PM
lag...


Title: Re: Pullback from $100?
Post by: Krabby on March 28, 2013, 08:45:50 PM
If only I knew what to do.


Title: Re: Pullback from $100?
Post by: Mike Christ on March 28, 2013, 08:58:41 PM
It'll probably dance around this number for a while.  $100 is a huge milestone, and comes with a psychological effect.  People just love these quarters, and 100 is the biggest quarter of them all.  I'd expect a lot of resistance before $100, but once it's passed, it's passed.

Or, y'know, maybe that bubble everyone's been talking about will finally pop and we can buy 99 cent Bitcoins all over again.  I'm cool either way.


Title: Re: Pullback from $100?
Post by: BitcoinTate on March 28, 2013, 09:03:02 PM
It'll probably dance around this number for a while.  $100 is a huge milestone, and comes with a psychological effect.  People just love these quarters, and 100 is the biggest quarter of them all.  I'd expect a lot of resistance before $100, but once it's passed, it's passed.

Or, y'know, maybe that bubble everyone's been talking about will finally pop and we can buy 99 cent Bitcoins all over again.  I'm cool either way.
Let me know when that's about to happen will ya.... I could use some 99 cent coins :)