Bitcoin Forum

Economy => Speculation => Topic started by: Posternut on July 16, 2016, 12:23:33 PM



Title: Bitcoin’s Price Kettle is at a Boiling Point
Post by: Posternut on July 16, 2016, 12:23:33 PM
The price of Bitcoin has been steaming like a kettle ready to pop since the halving. Currently, the price of world’s most popular cryptocurrency has been hovering around the $660 mark across most major exchanges.

The BTC Kettle is Whistling

As reported earlier by Bitcoin.com, the price of Bitcoin has consolidated into a pennant pattern, suggesting a high possibility that the price is ready for an up-move as the average value has been above a gradual trendline. But while breaking $800 would affirm pennant predictions, there is currently a lot of sell pressure near the $700 mark.


https://news.bitcoin.com/bitcoins-price-kettle-boiling-point/


Title: Re: Bitcoin’s Price Kettle is at a Boiling Point
Post by: tobacco123 on July 16, 2016, 02:22:09 PM
When water is at the boiling point, there will be lots of bubbles... I hope the price of bitcoin is not boi.... bubbling!


Title: Re: Bitcoin’s Price Kettle is at a Boiling Point
Post by: Yutikas_11920 on July 16, 2016, 02:25:30 PM
If this is the good news then I would do some plan to welcome it and profit from it. Since I use bitcoin wants to get great benefits and can fullfill all your needs in my life.


Title: Re: Bitcoin’s Price Kettle is at a Boiling Point
Post by: helloeverybody on July 16, 2016, 02:46:34 PM
I think the kettle is maybe boiling as hot as it's going to get.  I'm calling a slow decline and then maybe build back to over the next few months.  I think 2017 is going to be either disastrous or a very boring year for bitcoin.


Title: Re: Bitcoin’s Price Kettle is at a Boiling Point
Post by: Buffer Overflow on July 16, 2016, 05:28:54 PM
Let's hope someone takes the kettle off the stove before it boils dry and melts.