Bitcoin Forum

Economy => Speculation => Topic started by: essem on April 09, 2013, 10:13:17 AM



Title: Approaching Big Round Number
Post by: essem on April 09, 2013, 10:13:17 AM
$200 is a pretty tasty looking level, a level no one even dreamed about at the beginning of this year. It is not a question of if but when etc...

I would like to hear you speculate on what happens when we hit $200.

When we pass $200...

1. at what price will peak at before pulling back?

2. at what price will the pullback reverse and continue upwards?




Title: Re: Approaching Big Round Number
Post by: essem on April 09, 2013, 10:14:05 AM
1. $205.90
2. $197.60


Title: Re: Approaching Big Round Number
Post by: ||bit on April 09, 2013, 10:39:19 AM
1. $200.01
2. $200.01


Title: Re: Approaching Big Round Number
Post by: essem on April 09, 2013, 10:50:52 AM
1. $200.01
2. $200.01


you win

congratulations

give me a bitcoin address and I will forward you a prize


Title: Re: Approaching Big Round Number
Post by: piramida on April 09, 2013, 10:52:30 AM
I still hold my prediction that $300 will be the profit taking point. Why? Some TA and some gut, 10 times the previous ATH, etc.


Title: Re: Approaching Big Round Number
Post by: ||bit on April 09, 2013, 11:03:52 AM
I still hold my prediction that $300 will be the profit taking point. Why? Some TA and some gut, 10 times the previous ATH, etc.

My guess was $320 for the same [or similar] reason. Prior run was from $1 to $32. This one started at a base of about $10, so proportionate high would be $320.
However!... The positive press and perceived legitimacy is greater now. With that point, it may not retrace nearly as hard (if at all or of any significance).


Title: Re: Approaching Big Round Number
Post by: ruski on April 09, 2013, 11:05:45 AM
Big round number receding into the distance...


Title: Re: Approaching Big Round Number
Post by: piramida on April 09, 2013, 11:19:07 AM
I still hold my prediction that $300 will be the profit taking point. Why? Some TA and some gut, 10 times the previous ATH, etc.

My guess was $320 for the same [or similar] reason. Prior run was from $1 to $32. This one started at a base of about $10, so proportionate high would be $320.
However!... The positive press and perceived legitimacy is greater now. With that point, it may not retrace nearly as hard (if at all or of any significance).

Yes, we won't retrace to $20, but some double digit number is a possibility still by autumn.