Bitcoin Forum

Bitstamp tested $1298 some hours ago. Interestingly for some reason, it's higher than the Bitfinex peak at $1294 (bitfinex always has the higher price for some reason)

In any case, looks like we will test the barrier again, we'll see what happens.

Bitstamp's higher peak was most likely the result of a trader that got a bit too excited. But it's not that big of a deal as it shows that traders are anticipating on prices going far over $1300 next week as we then will know whether or not the ETF gets approved. If case of an approval expect the price to continue going up. I wouldn't be surprised if we happen to reach $1500 before the summer. Holders will be the real winners here.

Wheeew.  This is nutty, and of course I'm caught not owning much bitcoin.  At least I own more than I did in 2013.  lol

When I look on my Mycelium wallet, it gives a Bitstamp quote, and right now it's saying $1287.  I'm happy, though I'm also expecting a pullback.

No doubt, expected prices are way higher than $1300, I would be tempted to claim $2000 is pretty much a given.

Indeed holders win long term, but the problem here is, if ETF doesn't pass, we will most likely see a dip... so if we are able to sell before said dip, we can make big gains by buying back.
It's risky since you risk losing your position by selling at the wrong moment, or by buying back in the wrong moment, or the ETF actually passing and you sell before you go to sleep... it's giving me an headache.

It's a huge unknown therefore an absolutely huge risk. Anyone going all in on a bet on this particular moment may well get their arse handed to them. If ever there was a time to reduce your bet then that would be it. Good luck to the bold ones all the same.

If the ETF doesn't come through then another ETF at some point will. I will definitely secure profits just before the SEC will come up with their final word. I probably will stick to cash out 5-10% of my profits and keep holding the rest. In case the ETF doesn't get approved and the price goes down as result, I'll at least benefit in the way that I can buy back more coins at lower levels. If the ETF gets approved after cashing out some profits, then I'll benefit as well. Either way, I benefit.

ETF provide a very good impact on price movements bitcoin which is positive. we have to provide support for the development of the ETF, because ETF gives us the most preferred thing that bitcoin price increases.

We are going to that barrier thats for sure. Thats only a few bucks to reach the barrier. Plus the ETF hype that fueling the bitcoin pump. So we are expecting price surge until March 11. The ETF decission is keeping the rally alive. So we hope SEC will going to approved it. It will bull trap if ever ETF is not approved. Hope its just a small dump.

I think its a pretty safe bet that the price will dip below 1300 sometime in the near future regardless of the decision.  Sell

We have recent Canadian farm and Bitmain farm to thank for price increased past month not the ETF, people admitting that ETF is not going to be approved so I doubt if they buy in with a low probability of approval. I don't think having a price more than $1300 is a safe and wise move.
Price should go back to $1150 for a while.
People are waiting to see if others will going to give bitcoins value by investing large amounts but that is just wrong, you should think for yourself whether or not bitcoin has any value to you and if it does then don't wait for others.

some people already feel lucky when the price reaches 1300USD. but I still hope that there will be a price movement over 1500USD. bitcoin prices could continue to rise due to the current trend in the financial markets bitcoin is improving.

Probably we will like to have more bitcoin but since you state you have more bitcoin than in the past then you are doing fine, there are people that sold their coins for cheap and have been bitter since then, we just need to keep trying to get more bitcoin, but not right now since it is way too expensive.

You can press the SEC to approve bitcoin on the US. and we will se the price of bitcoin touch $1500 as soon as possible. and as far as i know if it will never happen if SEC give the another delay or Ignoring bitcoin ETF in the US communities.

ETF denial will shatter our dream of crossing $1500. So enjoy this small positive price fluctuation while we still can.
We have couple more days to test resistance and $1300 is not far away target. Remember to sell your coins before 11 March if you want to profit.

These are interesting days on the market. I think the $ 1500 range is something possible, but it would be even better if it were something that happened over the course of several weeks, not through a quick pump.

small differences like this are normal, it is because orderbook is not the same size in all exchanges and sometimes when someone buys or sells large amounts it eats through these orders faster than the other places.

and it seems like we are behind another barrier, the $1300 and since we have been rising all week it may take a bit longer than you might think to get over it.

$1300 is gonna test all the BTCBTCBTC market's fundamentals. At this point, I'm not pretty sure of what's driving the rise, surging demand? I think not.

I was wondering about motor behind this rise myself. But it has been almost a month without any major news.
The only thing I can think of is ETF  case. Traders are sitting tight and waiting whether COIN ETF will be accepted.
So if I am right and ETF is the only reason, then imagine, how huge dump will be, when we will see negative SEC response.

well price was low for a very long time, and it was time for a rise. remember the pre $1000 period? by that time everyone was planning on selling their coins on $1000 and that created a big sell pressure because of the mentality but that mentality no longer exists because we are higher than that price so sell pressure is also smaller.

on top of that the ETF hype is a serious thing that has contributed to this rally a lot.

Bitcoin would really test it out to reach that price point which is really very high and we are all glad to see these thing and for those who hold longer more on their bitcoin for sure they are making profits as of now and maybe we would able to reach even $1500 on this year.

I don't rule out other aspects as being a part reason as to why the price is going up, but the ETF does play an important role here. If this ETF gets approved, expect a well sized influx of institutional investors standing in line to buy themselves into this ETF. Without capital from institutional investors, expect nothing close to $10,000, ever. Their money is needed to bring the Bitcoin market to the next level.


It all depends on what the SEC will do next week. If the ETF awaits approval, then we'll leave behind $1300 to go over $1400 with perhaps a near touch of the $1500 level. If the ETF gets disapproved, then expect a dump to happen where we might even see the price dive well below $1100 again. Market action guaranteed this month for traders.

things are a little bit slow and scary right now with price stuck at $1280ish and it is scary because we have not yet seen a correction after the sudden rise to this price. at this point I don't know whether to hope for more rise to $1300 and above or to hope it stays here for a while and rise up later for more accumulation and a better buy support shaping up.
also whenever a shakeout happens I become more sure of the rise and I have a new entry point which I don't have right now :)

i am sure the trend is not gonna resist the rise, because it has been soaring incessantly; thus the price of being $1500 within this month is possible, yet do not forget the competition of mining would affect the bitcoin price: if the fee is too high, more likely the price is trowed down for less volume expected.

$1500 this month looks very steep. The only way that could happen is if the ETF gets approved.
But even otherwise, I think we might cross $1300 this month.

Just another nice little dip going on now, time to load up before we go $1,300. I hope everyone is owning as much BTC as possible, if the ETF gets passed we might see some serious shit, as Doc from Back To The Future would say.

$1300 is a nice round number that will pose some resistance so it will take a while but we will cross it no doubt about that.

Its showing Some resistance ^???

I think many of financial sectors are  slowly buying in bitcoins just because of the ETF news in case of approval to not stay behind but still have their doubts.

I agree with you, I don't spect to have Bitcoin pricing $1500 this month, increasing the price in $200 in one month is too much! And if this happen, the price won't stay stable and will decrease next. But it's very possible to cross $1300, however the price is dropping a bit right now, let's see how much it will drop to start rising again...

I hope we climb much higher than $1300 before the announcement of the ETF are made. If there are a dump like the dump that happened after

the Chinese government started their investigations into the Chinese exchanges, then we will see at least a drop of about $200 to $300 within

the first few hours. The higher the price, the less the impact a negative decision will have on the price.  ???

it was expected, just think about it in a psychological way. a lot of people that bought right at the MtGox peak are very nervous now, they will need time in order to not panic sell on those good round numbers like $1250, $1300 etc. Once we cross the MtGox with a bigger margin, they will learn to keep their dumb fingers quiet so they don't panic sell.

We are at $1260 level at a moment so I don't think its a big deal to touch the price of $1300 in coming days and it can be easily achieved as we are seeing constant increase in the price and if ETF gets approved then we can expect much higher price so its better to hold our coins till March 11 and if price goes higher then that would be the best time to sell bitcoins in order to make some good profits.

if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price

1300 this week is definitely possible but looks as if we've stopped where we are at least for today. A little bit of resistance like now is normal, nothing bad really. After 1300 and ETF (if that happens) 1500 is definitely possible.

If the ETF doesn't come through, then it will result in the price going down, but it won't be anything severe. Don't forget that the price has gone up quite a bit in a very short time. That being said, regardless of the ETF outcome, a correction is inevitable as the market can't sustain these levels for long. The market must come down and settle before it continues to move further. Regarding the PBOC, I don't see much problems there as China is not that big of a deal anymore when it comes to trading.

If the ETF doesn't come through, all the triggers are negative.
People will start worrying about the PBOC, block size debate, etc.... Overall sentiment could turn negative very quickly.

Exactly, if the etf not approving then there will be huge spiking downward for bitcoin, but if the etf approved it we will see another huge rising for bitcoin and this year bitcoin will be able to reach 2000$, there are so many debate about etf, hopefully etf will see the potential of bitcoin and approve it

I am totally agree with you that price of bitcoin will increase until 1300 dollar, but I can't sure it happen in this week. Because for this time the price have a little correction to 1260 dollar.
So maybe better to don't talk about possibility of bitcoin's price 1500 dollar first. When bitcoin more stronger it will really happen

What could the PBOC possibly do now? Bitcoin trading has effectively been banned for the last few weeks and the rest of the world appears not to give a shit and rightly so.

It will be interesting to see what happens with the decision on the Bitcoin ETF in about a week. The price could drop quite a bit if it doesn't get approved. However, if it is approved, I think the price could hold and maybe even increase some.

Regarding on that even there would be only two possible results which is increase or decrease and to be honest im really excited for that day since its an event that will somehow affect bitcoins price.

I think Japan exchanges has been settled on $1300 for few days ago.
It won't be easy as traders want to get profits as much as possible, then they will sell in every ATH and buy back if the price drop back, common situation for bitcoin. But, I'm sure we could reach $1300 right before ETF approval.

I'm going to be ready to buy if the ETF is not approved. I expect a big drop in price if that happens. It could be a good time to get relatively cheap Bitcoins.

The MACD and RSI are smelling like a dump incoming. Not stable at all.

I have also a few thousands of dollars "extra money" in case of price drop if for some reason the etf will not get approved.

Hi guys

So who here has sold the recent spike? I feel like theres
Another leg up before a pull back , just gut feeling , also is selling your coins really worth the risk of losing out ? Sure 400 or 300 profit is great , but what if you fuck up ?
York when did you sell your coins ? Dont get too greedy with profits ;)

But if ETF gets approval then you will see massive increase in the price of bitcoins and that would be not the right time to buy bitcoins so if you are really looking to buy some bitcoins then I think this is the right time to do that as most of the users believe that price can touch $1500 in next month and lets be positive that price goes higher in coming days.

Who the heck cares to sell coins for 50 usd profit/coin?
Come one! The tax collector takes their cut so you barely get a lunch for the profit of one coin. Personally I would not bother - I prefer picking the juicy low hanging fruit from the tree and enjoy nicer ROI. If the etf is approved we are able to sell our coins for 2500-3500 all day long, and if it is able to collect more money, the price will spike even higher. I would not exclude the opportunity to reach 10 000 usd/btc (although this scenario is not that likely - but certainly a possibility).

I don't think I'll be buying any more at these prices or if the price increases. I am going to stick with what I have unless the price drops. If that happens then I will see it as possibly my last chance to get some Bitcoins at a lower price.

I really think that we might be able to cross 1300$ once ETF gets approved in my opinion. I was lucky this present pumps unlike on 2013 where I have less bitcoin now I have more, maybe 10X or 40X more of what I have way back 2013 and I don't ever regret holding them and selling them little by little then rebuying at dips because I profit by doing so. I only rebuy at dumps the same amount of bitcoin I have dumped when the price was higher.  ;D

We need to keep our buying on hold till the decision is announced and if we buy now and if ETF gets rejected then price may go down at that point and it will give us more amount of coins at cheaper rate so its better to wait at a moment and see what happens in coming days.

just an IF, but whay if ETF will not approve? Well thats a big mistery to be seen by many of us and if ETF approval will get us on its peak well surely i think many bitcoins speculators are starting to gather their own bitcoins to stake with and the only thing we can do for now is to monitor,read articles/news or whatsoever new information sites where we can get to become informative about it

What most of people is failing to realize is that price of bitcoin will be even higher in the future.
Compare current price situation to what happened in 2013:  

- January 2013, BTC $13
- In March 2013 BTC spiked from $40 to $90
- next months we had first ATH and price hit ~$1000

Never in history of BTC price returned to below $200 value. Keep in mind that we might see similar situation right now.
This time only difference is that we are about one order of magnitude higher.

This is not time for buying, I also think that price will decrease in future. There was some prediction that price will touch 1300 $ and then go back to 800 - 1000 dollars. I don`t think that price will drop so much, but there will be a drop in one moment, and then we can expect 1500 or more in next year.
Surprise or not, price is holding pretty good over 1200 dollars, and we are very close to 1300 for days. If this was a test I think everything went good, and price can go even higher.

I am not telling you to buy, definitely not before we will know definitive answer whether ETF will be approved.
I wanted to show everyone that waiting for super low price might not be the best idea anymore.
Our absolute lowest support point might be set far above $1000. Whatever you will do, wait for ETF decision.

We saw the $1285 peak a couple of hours ago it bitstamp, it is clear that we bottomed the other day with that minicrash and now we are going to give it a second try for the $1300 resistance. I think im not selling a single coin, I feel like its about to go into orbit.

The bitcoin exchange rate continues to show growth. Overcoming the level of 1180$ provoked an additional boost for further growth. Many speculators are seeing a similar picture and decided to connect to the game. At the moment the course reached the historic highs.
There are no any signs of the market weakness now, so the growth is likely to be continued. Goals can be within up to 2000$, this figure can be achieved in the period from one to three months. Driver will be the influx of new liquidity in the form of new players.

You mean IF it gets aproved.

Though even if it is rejected, there are two other ETFs in the pipeline that might get approval if their prospectuses are sound.

It probably will. I think it will push higher as the day gets nearer to the decision. I will hold my coins until the decision day and sell some at the peak price. Just half of my coins will do. The other half will wait if it gets approved or disapproved. I do not think it will dip much if it gets disapproved but it is still good to buy even if it dips just a little.

Nice to see its gonna test some new floors, but if I would be buying today, I sure would not be able to sleep well - Considering it may drop 20% of its value in a blink.

If the ETF doesn't get approved, I could easily see the price drop 20% or more. I'm glad there is demand and that people are buying above $1200. I'm waiting because I think there could be a good buy opportunity coming and it could be below $1000.  Just remember it was just a couple of months ago that the price was well below $1000.

if ETF will receive a negative response probably we can see again a value below 1000$, and I don't get surprised if price start to climb some days before SEC reply.
I hope a bad news doesn't lead to a large dump... it means we can forget another pump for at least a couple of years.

Yobit have touched $1300 price mark in trading and then selling pressure lowered it,, Even if ETF is not gets approved i dont think that their will be large dump as mostly everyone knows about the second chance of ETF approval so even if their is dump it wont break $1000 barrier

Bad news always leads to a large dump! You would think people would be sensible and take small profits on the way up, so they have enough banked not to panic when bad news comes out, but lots of speculators go all in, hold to the last moment, and then panic sell at the slightest problem because they've created too much stress for themselves.

Indeed,  Bad news always lead to dump, the worst thing is, manipulator will try to take advantage of the scenario spreading more FUD and I think they will capitalize on the scalability issue to tandem the ETF rejection.  Then follow by them selling their own Bitcoin to their own buy order making it look like that someone is dumping and then weak hand follow.   Though I hope that ETF be approved to break $1300 easily and move forward to $1500 before the end of the semeter

Looks like i am late about the news what are actually is ETF in meaning? i saw many news heard about bitcoin ETF if its approved the price can be increase more? i think even not the price can be increase its value since bitcoin is organic growth.. due to many people are increases..
We are nearly $1,300 and i think this coming days or weeks we will touch at that price..

Anything working under $1000 will get quickly bought by the doubters that want to get in the bitcoin game but are too worried about the price going up again, so that will make the price go up quickly, it will be a flash crash, bullish consensus is very strong, too strong to let it go below $1000 for any relevant amount of time.

It's best to go ahead and place a buy order at a low point or where we think a good low price might be. Otherwise we will miss that buy opportunity. However, if the ETF is not approved, then that means that the price was inflated, so I'm not so sure the rise will be that quick.

But we don't necessarily need another pump at the moment, or anytime soon for that matter. The price has been steadily climbing up since 2014 and it'll likely keep going that way regardless of ETF results. Rejection could possibly result in a small dip but after the price has recovered from that, it'll probably continue upward like it has for the past 3 years.

IMO this is because adoption is slowly and steadily increasing across the globe and the price is increasing along with it.

Regardless of that, I'm still personally hoping the ETF gets approved.

This is an price drop happened due to the mined block from the BU supporters. This won't make a down trend, so using this opportunity making a buy order and profiting out of it by the time of etf approval takes us to a price above $1300 or even more.

Price is unable to break $1300 for days, I`m watchin price every day and it`s interesting that todays low was $1,188. I wonder how traders make profit on this fluctuations, today highest was $1,282 that is 100 $ difference, how do they know when will fall when will rise? Or do they gamble and if they guess good they make profit, if they guess wrong they lose?

After so much drop in the price of bitcoins , it is steadily becoming stable and the price is 1100$ which is pretty good .it is advisable that the price of bitcoins would this time would be more than 1300$ and maybe touching 1500$ .you can see the same drop as u have seen before.

I can see the value currently to 1209$, i wonder this time it will break all records? i wish to see 1400$ this week as it will allow one to buy potential alt-coins.
bitcoin has tendency to give surprises and it will do give, if price breaks from 1400$ to even 1000$ then we will have a good sum accumulated in Bitcoins.

I don't necessarily think that $1,400 would be a goal that we are able to go to this week.

We have seen steady increases over the past week, up around $100+ dollars so far.

But bitcoin going another $200+ this week? Not very likely. Although I am a strong bitcoin believer I don't believe that having short term boosts that are so dramatic in bitcoin price is necessarily a good thing.

I would rather just have stability, for bitcoin to become a hedge against fiat inflation, much like gold.

I agree with you and I also think a sudden rise of 200$+ is bad for bitcoin since it is not showing a healthy market but instead it indicates a manipulated market therefore after that dump will surely happen. I don't want to see a dump soon now as a bitcoin believer but I would rather like to see the price increase slowly than seeing it peak to 1400$ then seeing it go down suddenly afterwards.

price has been rising slowly for a long time. there are always bumps on the road and we can't do anything about it. it actually is a healthy and normal thing.
price was in a mini bubble because of the ETF hype and that had to pop and it did when price went down a little. but then the FUD about split hit the internet and caused the dip to become a lot bigger than it should have been and now we have been back on track for 1-2 weeks now.

I totally agree with you, that in the case of the huge dump we won't see 1000$ support being broken, the chance is really small now.
We have insanely strong support on 900$, and also there is a huge support level on 1000$. We are somewhere between 1000-1300 because as you can spot on charts, 1300$ is a really important resistance which may cause a nice rise after a break.

In my opinion, we will stay a little bit longer ( around a month ) on the 1200 USD level and  after that, we will see the small drop of price (maximum to 1100$) just to surge back more than on previous level.

We need some events to occur anyway, bitcoin is still not ready to get 1400$ per piece and to defend that floor.
It is pretty interesting that we have already seen many 1300 USD floor tests, and still it is defended without any struggle, we need more money floating into direction of bitcoin to get in there.

i think still very dificult bitcoin price incraese to 1500 dollar
if only 1300 dollar, i think can reach this month, and bitcoin price this now stable in 1200 dollar/bitcoin, not 1100 dollar

Well, if the price of bitcoin really stable at $ 1200 on this month, I feel that we could see a price of $ 1300 in the coming months. probably still a little difficult for bitcoin in order to achieve a price of $ 1300 this month, because of possible rise in price so quickly make the price of bitcoin becoming unstable.

Ha ha ha

man cross your fingers.

I have not seen the news about bitcoin on the news sites for some time and I do not see trollbox. Because I've been a little busy. So I do not know why the price went up. But if it went up to $1500 would be very good for my business


As long as they do not solve certain unpleasant problems that bitcoin has, it will be difficult to reach this value, I hope to be wrong

it is difficult because it is far away ($300 until $1500) and it takes time for a rise because it is no longer 2011.
other than that there is absolutely nothing that can stop bitcoin from rising. it is going to happen, try not to fall for the FUD campaign against bitcoin spread mostly by those against bitcoin and altcoin pumpers. that is all lie. if you don't accept it now, in a couple of months you will start regretting it.

Here we go again predicting the almost known price bitcoin can land on, but are we ready for it? actually I am not prepared myself and have withdrawn my Bitcoin ahead of time when the price drop to $900 dollar pretty upset that is but I am trying to pick it up one at the time, it sure did make me want to convert and withdraw all of my bitcoin.

I hope they will not fall on the FUD spread twice. For those who are, I think you learned your lessons now. FUD in our community will still be there, they are like cancer here, but it's still up to those member to listen to them or not. My advise is to used your better judgement.  Regarding $1300 market price, I think we are going to test it again within a few days or weeks because we are at $1200++. The trend points to the direction that the market price will continue to go up, so bitcoin ecosystem really looks bright in the future.

The price has crossed the $1200 barrier showing positive signs to cross $1300. The price is growing gradually and often it gets sustained within specific price range. If the same continues we might experience the $1300 price tag in a short time period than various predictions that has been suggested to take place by the year end.