Will BTC reach $600 during the first month of the new year?

[mexxer-2]

Seeing the recent price moving upwards, I am a bit optimistic about btc reaching till $280 or so, but I don't think price can continue being stable after that. What are you guys' opinion on this?
Edit: We hit $400 this month, will we be able to hit $500 till the end of Jan? Will be a big milestone if we can achieve that, ~half until the moon($1k)

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[prodigy8]

Seeing the recent price moving upwards, I am a bit optimistic about btc reaching till $280 or so, but I don't think price can continue being stable after that. What are you guys' opinion on this?

We are in the middle of the months so i think that until 1st November the bitcoin price can reach $280 at least.

The price is being manipulated too much nowadays or something good is happening, I'm optimistic that $280 can be reached.

[absy]

no.. according to me.. 290$ maximum.. It wont reach 300$ in this month.. if it does also it wont be stable enough... by the end of this year.. you can say it will reach. stabilized

[LFC_Bitcoin]

I'm unsure if we can reach 300 by the end of the month. People always seem to dump as soon as we go past 300, it's almost a psychological SELL SELL SELL SELL SELL barrier.

It's definitely possible to breach 300 this month & I'll be very happy if it does. I'd rather get to 280 & go sideways for a bit though than get to 300 & see us dumped back to 240-250 again.

[Nahl]

last price i have seen now in $259 but for can reach $300 in this month i will answer not
but i think for maximum price is between $280-$290 in the end of the month

[600watt]

yes.

[NorrisK]

It Will reach 300 quite easily This month.. And as long as there is no bad News like the xt discussion like last Time, price Will probably be stable above 250 after that.

[--Encrypted--]

at this point I'd say no just because nobody is sure what's causing the price jump.
of course this is just speculation and I'll be perfectly happy if I'm wrong.

[Amph]

ok but would be able to remain there this time, or we can easily expect another tanking to 220? i'm more interested in this, than simply we can reach xxx price

i know that dumper don't care, and they will just dump at the peak and repeat, but what it's really matter are stable value

[chaser15]

Even the price not reached $300 this month , as long as the price is just rotating within a range of not too much fall then that it's ok. Like last Month, btc price are just stable at the range of $230-235. I like how price are just staying at the range of that.

[mexxer-2]

Added a poll , that should show the general opinion on the topic.

[pooya87]

if the current upward trend continues, i am sure that bitcoin price can reach $300 even in shorter time. but i am afraid this might stop because of some dumb dumps and slow down.

so i guess next month is a more realistic point for an stable $300 possibility.

[LFC_Bitcoin]

ok but would be able to remain there this time, or we can easily expect another tanking to 220? i'm more interested in this, than simply we can reach xxx price

i know that dumper don't care, and they will just dump at the peak and repeat, but what it's really matter are stable value

I'd rather stay at 260 for a few months than have a big jump to 300 then tank all the way back to 200-220.
Gradual & sustained progress is key.

[Mickeyb]

Seeing the recent price moving upwards, I am a bit optimistic about btc reaching till $280 or so, but I don't think price can continue being stable after that. What are you guys' opinion on this?

I though that we will end up the year in this price range, but Bitcoin never seizes to surprise. We have just broken $260 support in Bitfinex. If we continue like this, we might even be able to break $300. I don't know can we hold it above and even form a new floor there.

I don't know, you never know with Bitcoin!

[minerbit hill]

I'm a strong believer that we will see $300 for the price of bitcoin sometime this month or later in next month

[chaser15]

ok but would be able to remain there this time, or we can easily expect another tanking to 220? i'm more interested in this, than simply we can reach xxx price

i know that dumper don't care, and they will just dump at the peak and repeat, but what it's really matter are stable value

I'd rather stay at 260 for a few months than have a big jump to 300 then tank all the way back to 200-220.
Gradual & sustained progress is key.

Why it will come back to 200-220? Is halving has something to do with it? What is supposedly happen when halving occur?

[talks_cheep]

YES YES YES, This I believe.

[LMGTFY]

I'd rather stay at 260 for a few months than have a big jump to 300 then tank all the way back to 200-220.
Gradual & sustained progress is key.

Why it will come back to 200-220? It halving has something to do with it? What is supposedly happen when halving occur?

I don't know if this is what LFC_Bitcoin had in mind, but BTC/USD has been range-bound between ~200 and ~300 USD since late January. My belief is that it's demonstrated it can go above 300 several times, but to sustain a price above 300 it'll need support and a quick dash to >300 won't bring that support - more likely is that people will sell to take profits. If the price rises slowly, over time, people will have more confidence that the rise isn't just a temporary blip.

[1Referee]

I don't think it will reach $300 this month as the price went up already this week. It can't go up all the time. I'm sure a dump will follow tomorrow or the day after that.

[randy8777]

nope. there is just too much selling pressure at the moment. who knows within 2015 but definitely not this month. target for this month is $275.