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Title: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: Alonzo Ewing on March 31, 2014, 01:43:27 AM poll above
Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: Lethn on March 31, 2014, 03:16:49 AM My extremely pessimistic target is $200 going by the technicals I see, but there seems to be plenty of buy resistance building up at $400, also, I'm starting to see enough panic and denial in the markets now that we may start to see another buying frenzy in Bitcoin again, there's nonsensical chatter about the fed tapering again which means they're probably going to try something desperate to get the economy going.
I'd point out though I'd be very surprised if we did actually see $200 this year with how bad the 'real' economy is. Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: Bit_Happy on March 31, 2014, 04:14:29 AM My extremely pessimistic target is $200 going by the technicals I see, but there seems to be plenty of buy resistance building up at $400, also, I'm starting to see enough panic and denial in the markets now that we may start to see another buying frenzy in Bitcoin again, there's nonsensical chatter about the fed tapering again which means they're probably going to try something desperate to get the economy going. I'd point out though I'd be very surprised if we did actually see $200 this year with how bad the 'real' economy is. buy resistance building up at $400 I think support is the way to say that. Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: Lethn on March 31, 2014, 04:42:24 AM oops, you're right, resistance is for selling isn't it? :P
Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: JustAnotherSheep on March 31, 2014, 05:33:34 AM If the long-term support line is broken, I see $250-266 as a likely target range.
I expect a cake if I'm right. For real this time, never got one for my $1200 top prediction (https://bitcointalk.org/index.php?topic=313801.msg3562110#msg3562110) :'( Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: E.exchanger on March 31, 2014, 06:11:11 AM According to the current market and conditions btc will not touch 1000$ this year and the bottom it can hit will be 250$
rates will not go above 500$ or 500$ stable for next month that is April they will be fluctuating between 400 480 :) :) Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: lurking-hippy on March 31, 2014, 10:19:37 AM 199.99 will be the bottom, but what the hell do i know?
Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: dreamspark on March 31, 2014, 10:44:26 AM I personaly dont see us going much below $400 in a worse case scenario, this will all be looked back on in a few months time as another great buying oppurtunity that again most people will miss due to their own fear.
Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: spiderbrain on March 31, 2014, 11:26:02 AM I really don't know, but there is a lot of support to 400 now, and not many coins for sale below 500. That said, there's huge downwards momentum right now, so who knows? I'm keeping some cash for buying through the 300s if it goes that low.
Title: Re: Poll: What will be the bottom price for current downturn? (repeat survey) Post by: porcupine87 on March 31, 2014, 12:29:02 PM I think we are at the bottom, maybe we will touch 400 or 410 on stamp but certainly (ok probably) not below 400.
https://litecointalk.org/index.php?topic=16820.msg152688#msg152688 |