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techgeek
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February 23, 2016, 01:21:12 AM |
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As long it stays mid high $400`s. I think its okay for most, unless youre some whale depending on a couple more price movements. Its sustainable in my eyes as long its not zero..  |
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Pattart
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February 23, 2016, 02:18:55 AM |
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price moves in between $430 to $447 I thought it would continue and probably prices will slowly rise
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Herbert2020
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February 23, 2016, 04:14:53 AM |
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the >$400 price was not sustainable by the start of this topic but i think this time price is more stable above $400 line and is not going to go down unless something happens out of the blue that causes the price to crash!
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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The Sceptical Chymist
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February 23, 2016, 05:10:15 AM |
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Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.
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cooldgamer
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February 23, 2016, 09:37:27 AM |
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Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.
Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now.. |
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phreaky
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February 23, 2016, 10:22:07 AM |
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Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.
You are right I hope the bitcoin will worth more in a month and than be sustainable, I think its possible but we will need wait for it because its not to predict. I think the price can go even higher to the range of the 500 dollar and than be sustainable but we will have to be patient and see it by yourself. |
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apriyoni
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February 23, 2016, 01:23:15 PM |
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Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.
Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now.. I think the $430 is the reasonable price for the current stage of bitcoin. So the price will stay here for some time. |
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uki
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February 23, 2016, 01:40:58 PM |
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that was last December... on todays price, i think if we stay at $440 we might end up stable at around $430 or up... it seems that bitcoin is moving unpredictable again..  we still have to re-test $415-420 support to claim it is stable. Let's wait until this short pump runs out of steam and a correction start to see where we are and what are current support levels. and here comes the test I was talking about. For now it looks like $415 is a solid support (previously resistance). If the correction finishes here, then we can say we have a new solid bottom at $415 (previously $350). |
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richardsNY
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February 23, 2016, 02:09:08 PM |
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that was last December... on todays price, i think if we stay at $440 we might end up stable at around $430 or up... it seems that bitcoin is moving unpredictable again.. we still have to re-test $415-420 support to claim it is stable. Let's wait until this short pump runs out of steam and a correction start to see where we are and what are current support levels. and here comes the test I was talking about. For now it looks like $415 is a solid support (previously resistance). If the correction finishes here, then we can say we have a new solid bottom at $415 (previously $350). It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings. |
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uki
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February 23, 2016, 04:11:45 PM |
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It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380. |
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cooldgamer
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February 23, 2016, 06:03:27 PM |
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It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380. Psychological resistance can be pretty strong, whales like to use it to their advantage. That said, it does look like right now we're going to be seeing a good bit of resistance at 415. Here's to hoping it's able to hold, otherwise it's time to short IMO. |
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Laosai
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February 23, 2016, 06:08:45 PM |
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It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380. 415 Is indeed a strong resistance. But 400 is an important level cause once we break the 400 you can be sure we go sub 380 because of the psychological level. |
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Batmain
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February 23, 2016, 07:34:05 PM |
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As long as the price stays above $370, I am happy. The longer the price stay in this range, the better.
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richardsNY
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February 23, 2016, 09:25:29 PM |
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It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380. I was talking about the psychological aspect in terms of the support at $400. I should have made it more clear in my previous post. A lot people here who are regularly trading don't look at support levels as $415 or $438 for example. They just focus on round numbers as $400 and $500 and so on. |
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techgeek
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February 23, 2016, 10:41:56 PM |
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Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.
Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now.. I think the $430 is the reasonable price for the current stage of bitcoin. So the price will stay here for some time. You know what would be more reasonable. My reasonable # would be $500-600 and it stays there even after the halving as its lowest price. Then thats something to see in my view. Disclaimer: I`m delusional. |
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apriyoni
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February 24, 2016, 02:56:21 PM |
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Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.
Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now.. I think the $430 is the reasonable price for the current stage of bitcoin. So the price will stay here for some time. You know what would be more reasonable. My reasonable # would be $500-600 and it stays there even after the halving as its lowest price. Then thats something to see in my view. Disclaimer: I`m delusional. We are delusional. We give out price prediction according to our position with bitcoin. If I am long, I think the price will be higher. |
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uki
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February 24, 2016, 06:49:32 PM |
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It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380. I was talking about the psychological aspect in terms of the support at $400. I should have made it more clear in my previous post. A lot people here who are regularly trading don't look at support levels as $415 or $438 for example. They just focus on round numbers as $400 and $500 and so on. All right then. Another day has passed and $415 is still providing support. The longer it lasts, the better it looks on the charts. |
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Anemed
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February 28, 2016, 08:34:38 PM |
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It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380. I was talking about the psychological aspect in terms of the support at $400. I should have made it more clear in my previous post. A lot people here who are regularly trading don't look at support levels as $415 or $438 for example. They just focus on round numbers as $400 and $500 and so on. All right then. Another day has passed and $415 is still providing support. The longer it lasts, the better it looks on the charts. If the price stays around $420 for the next few months, it is a good omen that the price will rise further. |
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praprata
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February 28, 2016, 08:49:39 PM |
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It was an expected correction. I think the bottom is at $400 which might be tested today or in the comming days. Support at $400 will most likely hold if that price level will indeed be tested. The comming days will be very interesting to follow closely as there is some decent money to be made with these kind of price swings.
I don't see any technical support at $400. Other than psychological level, there is nothing there. Do you have any chart to show that? $415 was a strong resistance that now turned into support. I would trust more holding $415 rather than $400. Once $415 breaks, we go down to $380. I was talking about the psychological aspect in terms of the support at $400. I should have made it more clear in my previous post. A lot people here who are regularly trading don't look at support levels as $415 or $438 for example. They just focus on round numbers as $400 and $500 and so on. All right then. Another day has passed and $415 is still providing support. The longer it lasts, the better it looks on the charts. If the price stays around $420 for the next few months, it is a good omen that the price will rise further. A stable 435 dollar would be very good. Especially with regard of the halving. However the nature of the btc price it goes up and down very fast so no I don't thing it will stabilize around this price. |
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apriyoni
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March 01, 2016, 08:32:49 AM |
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If the price stays around $420 for the next few months, it is a good omen that the price will rise further.
A stable 435 dollar would be very good. Especially with regard of the halving. However the nature of the btc price it goes up and down very fast so no I don't thing it will stabilize around this price. If the price is stable around $420 to $450 for a few months and the whales accumulate enough, the price will rise. |
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