Bitcoin Price Breaks 300; Now What?

[Blawpaw]

Bitcoin Price Breaks 300; Now What?

So last night we hit 300. Its been a few months since we’ve seen these levels in the bitcoin price, and reaching 300 shows that – despite numerous suggestions to the contrary – there are plenty of bulls out there ready to buy into any bitcoin price strength. Now...

continue to read:

http://www.newsbtc.com/2015/10/28/bitcoin-price-breaks-300-now-what/

[7788bitcoin]

I should stay here for a while and will likely drop back to $270-280 and wait for the next wave... but who knows?

BTC, about a year ago, 300 was the supporting point... Now it becomes a breakthrough point...

[jackthedoe]

Bitcoin Price Breaks 300; Now What?

now let's wait until halving approaching, and you will see how price will raise more tan 300, for me this is just like an small announce about what is coming, of course thats my wish

btw i don't expect that the price will raise like a non-stop until halving, it will drop again before the final race begins.

[jtalk]

Price need to have stability around 290-300 USD for a while and then it will keep continue its journey towards 400 USD and so on till halving and then boom after halving.This is good sign that there is new investment which will take it up again.

[harizen]

Well let's just wait for what will happen next. Let's see if bitcoin price can get support to stay in that level. Hope it will so we will not expect a much lower price in the future and this will be a Happy Chritmas.

[gentlemand]

Could go either way. It's far too early to get a sense of what it wants to do. Regardless of this present appreciation, it's good to know it's still capable of rising from its slumber.

[unamis76]

Was very skeptic of breaking the psychological "300" barrier, but it seems we're past it, so... Anything goes now, we'll be planing for a few hours/days and then the market will decide After rising so much I'd saw we are about to go down But only time will tell, this is just a prediction like any other...

[fitraok09]

after bitcoin price up to $300,, the altcoin price that I trading is down with dramatically.
its no have fun for me

[gentlemand]

after bitcoin price up to $300,, the altcoin price that I trading is down with dramatically.
its no have fun for me

Maybe most alts have had their day. 2013 was 100% speculation. It still is largely speculation of course but there are plenty more reasons to actually use BTC now. The same can't be said for almost all alts. I would've thought there might be a trailing effect after a significant Bitcoin rise as newbies look for something 'cheaper'.

[Q7]

Just wait and see what would happen next. Either a bull run will charge through and break every resistance levels or it will just end up a flop just like what happened earlier in the year. But I see some support coming from the halving news. Also might be wondering whether the gemini launch has any positive effect on the price.

[dothebeats]

There is not much we can do about it but wait for what's gonna happen next. It's either we keep pushing up or go down again just like what happened the last time. Either way, I will still hold and use my bitcoins no matter what .

[Amph]

waiting for 350 or even 400, before saying that 300 is "our", as it is right now it does not seems sustainable

i'm impatient to wait, what will be the next range where manipulators will play their trading game

[Hugroll]

i would be satisfied if the price just stays around and above 300 im not looking for bitcoin to hit 400 or 500 anytime soon.

[Betwrong]

waiting for 350 or even 400, before saying that 300 is "our", as it is right now it does not seems sustainable

i'm impatient to wait, what will be the next range where manipulators will play their trading game

I think the price rises because many people realize now that if they won't buy today at $300 they will buying tomorrow at $400, figuratively speaking. )

And few months from now they will buying at $500.

[tiggytomb]

Maybe a little Christmas bonus up to $500, at least it is moving up and not in the opposite direction, guess it's just a waiting game and see what happens.

[disamsal]

nothing yet, waitnig for 500$ 

[Timeline]

China will start a huge BTC buying frenzy and BTC will go to 10k before the end of the year 

[cellard]

Now you hold it, until you don't need to hold it anymore because it's useable world wide and you don't need to think about selling it. Selling Bitcoin is always a mistake, it will eventually go higher than the price you sold at. You should hold for the rest of your life, anything else is losing money.

[Kprawn]

We should not place speculative barriers on the Bitcoin price for everyone. The $300 price was just a psychological level for people who wants to make a quick buck and came in on

$200. A lot of people still came in when the Bitcoin price was a lot higher... remember it was $1000+ at some time. Let's brake the psychological barrier and go for the moon.

I predict a much higher price after the Halvening and this $300 price will be a fools paradise, if you sold everything now. {If you want to sell.. refrain from selling everything, hold

some for 9 months and possibly see a much higher price}     

[Mickeyb]

Well now we wait that we hit $400, then $500, then $600 and so on!

Which we will definitely successfully do in the near future in my opinion. This thing is full of steam and it seems that this uptrend will continue! Too many positive and bearish news lately for it to stop now.