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

[Denker]

I don't know but it is possible that $300 will be reached.The more important question however is if it will be sustainable.
I would be glad with hovering around $260-$270 for this month. Actual price is $30 higher than 4 weeks ago.That is ok I guess.Quicker rise will also mean bigger dumps and more correction.
Let's go up but not too fast!

[coinplus]

I don't know but it is possible that $300 will be reached.The more important question however is if it will be sustainable.
I would be glad with hovering around $260-$270 for this month. Actual price is $30 higher than 4 weeks ago.That is ok I guess.Quicker rise will also mean bigger dumps and more correction.
Let's go up but not too fast!

Yes, even testing of $300 level is within reachable limit, the most important thing of sustaining at that level would be more important for further price rally. But current situations will tend the price more than $300 level for long term sustaining.

[Terwa]

No, we go to 240$ before the next raise

[LMGTFY]

No, we go to 240$ before the next raise

That's certainly possible, but what makes you so certain?

[Xandan]

Yes that will happen $300 very soon.

[troleybüs]

Yes that will happen $300 very soon.

Soon.

We heard this word a lot of times. The reality is we haven't seen 300$ for months and we are in a bear market since December 2013.

[Arcteryx]

i will vote for Nope it's just some pumpers and dumpers manipulating the price
because the price has stopped rising now and the last is $271 at Coinbase and i'm pretty sure highest price in this month is only around $270-$280

I do remember it being $295 during the early summer but then tumbled. It just can't break that $300 mark that everybody is wanting.

[dothebeats]

i will vote for Nope it's just some pumpers and dumpers manipulating the price
because the price has stopped rising now and the last is $271 at Coinbase and i'm pretty sure highest price in this month is only around $270-$280

I do remember it being $295 during the early summer but then tumbled. It just can't break that $300 mark that everybody is wanting.

It peaked up to $300 on some exchanges but it was short-lived and then made its way down up to sub-$200 in which I re-enter the market. This would certainly go up to $300, but I don't know if it is attainable by the end of October since I think the market isn't ready for that yet. Some flash crashes here and there then regaining back to $265 levels.

[LMGTFY]

I do remember it being $295 during the early summer but then tumbled. It just can't break that $300 mark that everybody is wanting.

On Bitfinex and Bitstamp it broke through 300, but fell under again pretty quickly. Breaking through resistance at 300 seems easy enough, it's finding support at 300 afterwards that seems to be the problem (fortunately we also seem to have the same "problem" at around 200, but in reverse).

[mtnsaa]

I do remember it being $295 during the early summer but then tumbled. It just can't break that $300 mark that everybody is wanting.

On Bitfinex and Bitstamp it broke through 300, but fell under again pretty quickly. Breaking through resistance at 300 seems easy enough, it's finding support at 300 afterwards that seems to be the problem (fortunately we also seem to have the same "problem" at around 200, but in reverse).

Yes I agree, maybe we can see it break the $300 resistance before the end of the year but it will be a bumpy road. I don't think it won't even find support or be stable at those sort of prices ($300-400) for one more year, others are more optimistic from what I've read.

[safari88]

not sure, but maybe the next month or the end of the year is very possible yes bitcoin will touch $300 and I am sure it will happen

[bitgolden]

not sure, but maybe the next month or the end of the year is very possible yes bitcoin will touch $300 and I am sure it will happen

But my predictions are $300 by end of this month and $500 by end of the this year.
All these predictions are possible by considering the event of halving. When the people's mind set thinking in a same way, there are lot of chances to achieve any price in short term itself.

[Supercrypt]

not sure, but maybe the next month or the end of the year is very possible yes bitcoin will touch $300 and I am sure it will happen

But my predictions are $300 by end of this month and $500 by end of the this year.
All these predictions are possible by considering the event of halving. When the people's mind set thinking in a same way, there are lot of chances to achieve any price in short term itself.

Even $600 also possible for one bitcoin price if we keep up the current momentum of buying pressure regardless of any news. Bitcoin needs new adopters who can buy bitcoin at least in small amounts. We need to spread words on bitcoin to make it available for saving of each and every person. Then $300 is more likely within this month.

[buyinbtc]

i doubt that but it would be really cool

[ANdr0id]

not sure, but maybe the next month or the end of the year is very possible yes bitcoin will touch $300 and I am sure it will happen

But my predictions are $300 by end of this month and $500 by end of the this year.
All these predictions are possible by considering the event of halving. When the people's mind set thinking in a same way, there are lot of chances to achieve any price in short term itself.

Even $600 also possible for one bitcoin price if we keep up the current momentum of buying pressure regardless of any news. Bitcoin needs new adopters who can buy bitcoin at least in small amounts. We need to spread words on bitcoin to make it available for saving of each and every person. Then $300 is more likely within this month.

How can it be regardless of any news?? Bitcoin has been driven by world news since day one.
I personally think that it's INCEPTION was due to the news that world economy sucks and a savior was needed hence it appeared  

[bakingbad]

lets hope it will as i would earn some money if it did

[pepto]

Want to hear something really dumb?
I look at bitcoinwisdom and see these big red bars down near the bottom of the page.
If people just stopped dumping, the price would go up.  So stop dumping.  Who is it that wants to keep the price down?

[cooldgamer]

I expect that it may skyrocket for a bit due to the mentality from the last bubble that it's unstoppable.  However, I don't think that it will be sustainable in the long run.  We have the HODLers that aren't going to sell no matter what, and then we have the people trading to make a quick buck.

The downside to this mentality is that they also remember how hard and fast it came down, so at the first sign of trouble the panicers are going to sell everything they had for a small profit/loss, spiraling us back down to whatever the community seems to think the 'floor' is.  It's going to take a long-term trend of bullishness before people are ready to invest for the long run again, and we just don't have that yet.

It's very possible that we could jump right past it and head into the next bubble, but with all the media attention we got last time it isn't going to be like the previous bubbles.  Large HODLers will get out thinking of it as a second chance, which I think will more than counteract the people that see it as a second chance to get in.

[randy8777]

Want to hear something really dumb?
I look at bitcoinwisdom and see these big red bars down near the bottom of the page.
If people just stopped dumping, the price would go up.  So stop dumping.  Who is it that wants to keep the price down?

traders taking profits is what happens. you can't expect them to only hold their coins without selling them. beside that there are also whale traders not willing to let the price advance further.

[pepto]

Riding the coattails of giants
Going to be my new slogan