Back to $ 400 soon?

[Tstar]

I don't deny that a +7% in 24hrs is a nice thing but hey, it's a long way to the top. I don't get much excited anymore. Maybe it's just me.
However, I must admit that in the last month I'm using more and more my BTC. To me this is a good compromise price to spend and rebuy

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[kwukduck]

Very unlikely. There's an enormous selling pressure growing by the Chinese realizing the market is fake and having been scammed by the exchanges. Also many people realizing the big flaws in bitcoin are moving towards superior coins. The only thing keeping bitcoin this high right now is the fake market and bulls putting in their last money in an effort not to lose everything they have invested in bitcoin.

[MissionPhailed]

Dunno about a $400 soon, but at least we're not falling back to the 200-300 USD range. Or in other words; back to square one. I'll happily accept a stable price just above the 300 barrier for the coming months (rather not rocket to the moon too soon, as I've got to accumulate more crypto   )

[avw1982]

wow, + 7% in the last 24 hrs

 

Its a great news for Bitcoin miners but few days before it fall nearly 5$ to 6$. We could not predict when it will fall also Now its in a unpredictable status I feel After christmas we can expect Bitcoin value to go up and up.

[Lucas*]

wow, + 7% in the last 24 hrs

 

The price isn't that stable, you find it in the morning 318$ then on the evening 332$ then it can go back to 320$.
+7% in 24 hours is a good thing for sure but it needs to keep being greenish in order to see 400$ on november again.

[gkv9]

wow, + 7% in the last 24 hrs

 

The price isn't that stable, you find it in the morning 318$ then on the evening 332$ then it can go back to 320$.
+7% in 24 hours is a good thing for sure but it needs to keep being greenish in order to see 400$ on november again.

$400 ain't an easy thing to be achieved currently unless we see some so-called "Chinese" guys being involved in it...
Those big whales will decide the price of Bitcoins based on their majority on holding Bitcoins...

[erikalui]

It's stable at $330 since 3 days and I want it just to stay at that or reach $400. It's not for me but for those who did buy bitcoins at a high price. They need to get their cash back and return to bitcoins. However, it's predicted to reach $280 soon. http://www.newsbtc.com/2015/11/12/bitcoin-price-technical-analysis-for-12112015-long-term-trend-line-forming/

[NorrisK]

It's stable at $330 since 3 days and I want it just to stay at that or reach $400. It's not for me but for those who did buy bitcoins at a high price. They need to get their cash back and return to bitcoins. However, it's predicted to reach $280 soon. http://www.newsbtc.com/2015/11/12/bitcoin-price-technical-analysis-for-12112015-long-term-trend-line-forming/

There are also predictions that show some completely different valuations.

It is impossible to accurately predict a market that is heavily manipulated like this one..

[1Referee]

I don't deny that a +7% in 24hrs is a nice thing but hey, it's a long way to the top. I don't get much excited anymore. Maybe it's just me.
However, I must admit that in the last month I'm using more and more my BTC. To me this is a good compromise price to spend and rebuy

I am also not getting excited anymore about 10% increases. No matter how high the price is going, I won't sell any coin at this point as I wait for the block halving to be completed next year. Right now it's purely accumulating coins and sending everything to my cold wallets.

Regarding OP; It's not that likely to see the price reach $400 without genuine demand. It can go up again if a large trader decide to trigger people to panic buy the price up to $400, but I really prefer to see it rise slowly to the $400 level. Let it take a few months, not a problem for me.

[Denker]

wow, + 7% in the last 24 hrs

 

Nothing special in Bitcoinland. Also I don't see $400 coming soon. But it's great to see that we are able to hold the 300.No big changes will happen this year.Price of 290-350 is the range we will move for the rest of this year is my prediction.

[mcplums]

Very unlikely. There's an enormous selling pressure growing by the Chinese realizing the market is fake and having been scammed by the exchanges. Also many people realizing the big flaws in bitcoin are moving towards superior coins. The only thing keeping bitcoin this high right now is the fake market and bulls putting in their last money in an effort not to lose everything they have invested in bitcoin.

my short seller senses are tingling

[n3o111]

If we can't past 350$ resistance we can't see 400$ in short term. Yesterday they tried first time and failed. Today we can see second try.

[NorrisK]

Very unlikely. There's an enormous selling pressure growing by the Chinese realizing the market is fake and having been scammed by the exchanges. Also many people realizing the big flaws in bitcoin are moving towards superior coins. The only thing keeping bitcoin this high right now is the fake market and bulls putting in their last money in an effort not to lose everything they have invested in bitcoin.

my short seller senses are tingling

If you want them to keep tingling, follow the duck around. Perms bear and doomsayer there.

He will never change as he is sour for selling to early.

[Tstar]

I don't deny that a +7% in 24hrs is a nice thing but hey, it's a long way to the top. I don't get much excited anymore. Maybe it's just me.
However, I must admit that in the last month I'm using more and more my BTC. To me this is a good compromise price to spend and rebuy

I am also not getting excited anymore about 10% increases. No matter how high the price is going, I won't sell any coin at this point as I wait for the block halving to be completed next year. Right now it's purely accumulating coins and sending everything to my cold wallets.

I repeat: I think Bitcoin is meant to be used and re-used all over again. I keep my coins with due respect but I keep buying and spending them. Sometimes with a nice fiat profit inbetween.
I'm not saying do not accumulate, what I'm saying is try to spend and rebuy. You might find it a good way to accumulate more.

[Amph]

they are playing with the 320-330 range all the time, pretty much like the 220-230 or 220-250

there is no real sign of another bubble, when a bubbl begin seriously you will see it like the last one +100% at least

yes this is the same when 220-230 or 220-250, in fact I do not think it will reach $350 in the near future, but we will back and stable again at $300-330

yeah you can expect something like touching 400 again, like it was for the 300 mark before we broke it

but that's it i'm not expecting a return to 500 any time soon at least for this year

[richardsNY]

I surely hope so, but I don't think it will. I think this situation will be the same as when we were sitting at around the $250 price level. It took a very long time to go over $300 and stay over it. It cost time.

[Kevin77]

I surely hope so, but I don't think it will. I think this situation will be the same as when we were sitting at around the $250 price level. It took a very long time to go over $300 and stay over it. It cost time.

Yes. I too hope for sustaining prices around $400 to $450 levels. It is going to be one year the price range got struck around $220 to $250 levels. Now it is time for next level of prices that must be above $400.

[srgkrgkj]

I surely hope so, but I don't think it will. I think this situation will be the same as when we were sitting at around the $250 price level. It took a very long time to go over $300 and stay over it. It cost time.

Yes. I too hope for sustaining prices around $400 to $450 levels. It is going to be one year the price range got struck around $220 to $250 levels. Now it is time for next level of prices that must be above $400.

sustaining that might be hard considering current climate but I would be happy with anything around 380 as that is a current strong point

[richardsNY]

I surely hope so, but I don't think it will. I think this situation will be the same as when we were sitting at around the $250 price level. It took a very long time to go over $300 and stay over it. It cost time.

Yes. I too hope for sustaining prices around $400 to $450 levels. It is going to be one year the price range got struck around $220 to $250 levels. Now it is time for next level of prices that must be above $400.

sustaining that might be hard considering current climate but I would be happy with anything around 380 as that is a current strong point

Anything above $300 is good enough for me to be happy with. If it goes to $400 then it's fine, if it stays below $400 for quite some time, then I'm also fine. The halving will do its work. I just hope we're not going below $300.

[emelac]

Some posts have expressed the opinion that after Bitcoin black Friday the merchants who made the most sales will dump their bitcoins for fiat and create a crash. That does sound feasible to me, although I don't know if it happened after last year's Bitcoin black Friday. There's less than two weeks left before this year's, and if it causes a crash we can forget 400 for now.