$350 is the new barrier?

[jeffthebaker]

In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still).

Since we can't really tackle $350 right now, it's just about right to call it as a barrier for now. If we managed to get past it in a few weeks time (assuming that this rocket still has some fuel and the performance today is just due to being a weekend), I don't see why we won't manage to hit $400 as well.

Yeah, I was thinking the same thing. If we get out of this weekend above $300 we could potentially keep climbing up. For whatever reason, weekends are typically bearish for Bitcoin, so it's not totally unexpected that prices are dropping today.

[isvicre]

I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300.
So I guess there will be swing between 250-350 in couple of months.

[jeffthebaker]

I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300.
So I guess there will be swing between 250-350 in couple of months.

Has the price dipped back below $300 yet?

Either way, I'd be shocked to see prices fall back down to $250 after defeating the resistance at $300 for the first time this year.

[Nimbulan]

I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300.
So I guess there will be swing between 250-350 in couple of months.

Has the price dipped back below $300 yet?

Either way, I'd be shocked to see prices fall back down to $250 after defeating the resistance at $300 for the first time this year.

312.34 at this moment, but still the price hasn't stabilised yet. Let's hope it'll stay around $300 at least till the halvening as we all hope the price will rapidly increase at that time

[Nahl]

yesterday the price rise up very quickly and could be reach to $330 and i thought we will went to $350 in this week
but now the price down again and i felt bitcoin will back to $300 or less

[dothebeats]

yesterday the price rise up very quickly and could be reach to $330 and i thought we will went to $350 in this week
but now the price down again and i felt bitcoin will back to $300 or less

Uhh, there hadn't been any price increase yesterday afaik, only sell-offs and some shorters selling and others buying. No massive increase in price.

[quad588]

i think bitcoin will hit $500 by end of year!!

[3Coins]

i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin

[dothebeats]

i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin

As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us.

[Kevin77]

Price rising has slowed down, but i think it's still possible to reach $350 in this month
But, most likely bitcoin price will be stable around $320-$330 in this month.

So, i think $350 is the new barrier. We just need 1 push to break this barrier, though.

I do believe the price raise has been stopped temporally right now. But the round numbers are always big ressitance in most of the commodity trading. So we can expect some hurdle around $350. But I'm sure bitcoin prise will reach this mark within two weeks of time.

[3Coins]

i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin

As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us.

I do hope that you are right. I've read somewhere that there is this "secret" group that claims to know what will happen to BTC. I tried to search in FB group I ended up going to Nostradamus group 

[|Ocean|]

Btc is going down..
Will be there around 310 in next few days.

[dothebeats]

i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin

As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us.

I do hope that you are right. I've read somewhere that there is this "secret" group that claims to know what will happen to BTC. I tried to search in FB group I ended up going to Nostradamus group 

Nah the event is not so secret at all. They were pushing this conference ever since the XT vs Core issue sprung. I wonder, how would the market reacts if in case the discussion/debate ends into something finally, like increasing the block size limit?

[Amph]

i think bitcoin will hit $500 by end of year!!

i hope we are not going to increase so slowly within a time frame so long, yeah steady grow and all, but for now i prefer a good old bubble that increase the price drammatically and then a steady grow

because right now btc is massively undervalued

[sakira]

I do not think we reached $350 so quickly, even beyond our predictions. so my prediction at the end of the year we could reach $400-450 

[BitcoinRepublic]

Btc is going down..
Will be there around 310 in next few days.

If bitcoin is around $310 in the next few days, it is called called going down. It is stabilizing. I wish it can be there for a few weeks in stead of days.

[Vahnt]

Market has shown quite the strong resiliency on the rise throughout October, always coming back from large dumps. The one that took place Oct 29th down to $305 was probably the biggest test and we've now since smashed through the prior high of $344 on high volume. If all those shorts haven't covered yet I think we're gonna see a rush for the door as this rally doesn't seem to be done quite yet. I think we could even touch $350 this week, $400 is the real barrier from here on out.

[smith coins]

The price in bitfinex and in OkCoin exchange reached $340
So it is near to break now this new barrier of $350.
While in coinsetter it reached almost $342, i think we are very near

[randy8777]

The price in bitfinex and in OkCoin exchange reached $340
So it is near to break now this new barrier of $350.
While in coinsetter it reached almost $342, i think we are very near

it looks like it will only be a matter of days, maybe even hours, before we see $350. volumes are getting higher and higher as people get more and more excited.

[Pab]

Chart looks great,bitcoin train is going up,big chance for 500$ at the end of the year