While most permabulls say going up, i say Flash Crash to sub 200$ soon

[randy8777]

Sub $200 might happen for a very short time, but don't think many large traders will risk their coins with trying to trigger panic sellers to sell as the halving is getting closer.

I think the price will dance between $200-$250 for a few months before advancing to higher levels. Basically there is no reason for sub $200 anymore.

Im not agree i think sub $200 will happen in two month again. Will see it will happen or not, because i see chart seem like going down and when sub $200 happen its hard for bitcoin price will up again

If we indeed go below $213, and subsequently even $200, we need to quickly form a double-bottom at our last low we made in January. If we fail to do that, then it's panic time. We'd be in the $150 then and start to hurt the whole Bitcoin ecosystem.

i do think we'll see sub $200 this month if not, surely next month. sell pressure is too strong. buy orders won't hold much longer. my prediction is a low of $190

[fkvidar]

Too many players are in now. BTC is ENORMOUS! Don't fool yourselves. There's simply no turning back. Buy now or miss your last chance

[Brewins]

20k coins dump was not enough to bring prices to sub 230.

I wonder what kind of cataclysm would cause a sub-200 drop

[Cconvert2G36]

20k coins dump was not enough to bring prices to sub 230.

I wonder what kind of cataclysm would cause a sub-200 drop

That wasn't a 20k coin dump. One of the buys actually sent the price above where the dump started on finex. It was also precipitated by major errors in display and functionality on the exchange, disrupting the market. The show of strength was in not soiling the sheets in reaction to that.

[AnonymousEconomist]

Most permabulls are talking about moon these days because of GBTC and kncminer ETN, i say they ajust more ways to sell-off.

Sub 200$ incoming!

Everyone thinks that news controls the price of bitcoin. It doesn't. I agree with you on that part.

However, from a trading standpoint, under 200$ isn't likely. Possible? Definitely. Just not likely. The charts show an upcoming end to the super downtrend we went through in 2014 to early 2015.

Speculation and exposure will bring more bubbles, whether or not the currency is worth it's bread. I would argue there is a bubble building now, possible double bottom completed, and "bitcoin" Google searches are up to levels not seen since late 2013.

So obviously I am bullish, at the moment. I am one of the people who think bitcoin is the best money we have ever seen, however, I do not believe that affects price in any way. Everyday people need to adopt bitcoin for it to have value. If we don't see rapid adoption within the next few years, I could see under 200 easily.

[lexuz]

20k coins dump was not enough to bring prices to sub 230.

I wonder what kind of cataclysm would cause a sub-200 drop

I think 20k coins is enough for dump price.
Because some people was thinking want buy coins now, they waiting price under $200.

[Amph]

20k coins dump was not enough to bring prices to sub 230.

I wonder what kind of cataclysm would cause a sub-200 drop

I think 20k coins is enough for dump price.
Because some people was thinking want buy coins now, they waiting price under $200.

no one in his right mind will dump 20k to force the market to go sub 200, to assist at a fierce purchase that it will bring it above 200 again, it would mean going full retarded

[Natalia_AnatolioPAMM]

20k coins dump was not enough to bring prices to sub 230.

I wonder what kind of cataclysm would cause a sub-200 drop

I think 20k coins is enough for dump price.
Because some people was thinking want buy coins now, they waiting price under $200.

I guess, majority is waiting for that price