you can keep the price down for so long before it explodes! ($1060)

[Zadicar]

Im hoping this time that bitcoins price wont dip its price again or some any other news which makes the price of bitcoin would go down. Seeing on the chart it does break the resistance and that breakout signifies a strong buy which means adoption is on the move.

[jtipt]

I see it very easy get to $1100 now.
Cause we have been on this price before so there is not any resistance to stop it from going there again very soon.

Getting anywhere over $1000 now is not a big deal. The big achievement was to break the $1000 barrier, now we have definitely broken it and over it so now the price will fluctuate like it used to.

[BitcoinHodler]

I see it very easy get to $1100 now.
Cause we have been on this price before so there is not any resistance to stop it from going there again very soon.

Getting anywhere over $1000 now is not a big deal. The big achievement was to break the $1000 barrier, now we have definitely broken it and over it so now the price will fluctuate like it used to.

don't be so hasty!
we have seen the $1000 resistance be broken and now we are seeing bitcoin price sitting at $1060 but there are a lot of different things going on these days that can affect the price in short term.
one of them is the good old China and all the FUD that comes with it.
and then there is ETF and all the speculation about it which can go both ways depending on the result.

[jtipt]

I see it very easy get to $1100 now.
Cause we have been on this price before so there is not any resistance to stop it from going there again very soon.

Getting anywhere over $1000 now is not a big deal. The big achievement was to break the $1000 barrier, now we have definitely broken it and over it so now the price will fluctuate like it used to.

don't be so hasty!
we have seen the $1000 resistance be broken and now we are seeing bitcoin price sitting at $1060 but there are a lot of different things going on these days that can affect the price in short term.
one of them is the good old China and all the FUD that comes with it.
and then there is ETF and all the speculation about it which can go both ways depending on the result.

Yeah obviously the usually China, and the ETF would affect the price in the next month, but there are dedicated topic for that, I thought this was for overall bitcoin price in the coming months.

[alyssa85]

I didn't expect that we will see upward trend. No after 2nd PBOC intervention causing biggest Chinese exchanges to stop bitcoin withdrawals.
There is rumor that Chinese traders are starting to disregard government actions and attempts to curb bitcoin trading and are focused more on p2p trading.
This would explain mild bullish trend in spite of the ongoing investigation on money laundering in China.

Look at the price difference from OkCoin to Bitstamp/Bitfinex.

It used to the OkCoin the one with the highest price, that means china was dictating the market. Now the market leaders are not china anymore, and bitcoin keeps growing.

This simply means now china is looking at Bitstamp/Bitfinex for price reference, chinese price is now irrelevant.

The suspension of BTC withdrawals creates artificial selling pressure since anyone that just wants to withdraw has to sell first. So the price may catch up once the suspension is lifted.

What if the suspension isn't lifted?

Seriously, they are making them do AML checks, and it is quite possible lots of members of those exchanges FAIL their AML checks. I don't think that possibility is priced in at all. People are assuming that everything will be fine and withdrawals will resume as normal in a month - but what if a good chunk of people can't withdraw?

[sukamasoto]

IMO, no matter what happen just keep holding bitcoin as much as possible since bitcoin has increased trend nowadays.
I'm also look on my local exchanger and they predict the value will increase 10 %

[Leonard2016]

didn't i tell you the price is going to explode
we even broke $1200 barrier today and still at a very good price.

right now it ispossible for some temporary dump, because panic sellers going to start their idiotic panic soon and then we'll work from there.

get your purse out cheap coins coming.