Price settling at $420.

[MTBTT]

BTC/USD seems to be stabilised at around $420-$430.

Thoughts and predictions where it's going to next?

[NorrisK]

Probably building a new floor here indeed. Next will be to pass the high of last month, which means we will go over 500 usd, probably touch 550 briefly first.
Building new normals is very important at the moment as this will be the level it will return to on dumps.

[lolikop]

400+ untill thursday 520 by friday or saturday

[croato]

Looks like it only settling for short time. I expect to price hit at least 500 by end of year. Market is pretty bullish recently.

[MTBTT]

Looks like it only settling for short time. I expect to price hit at least 500 by end of year. Market is pretty bullish recently.

Went from $470 yesterday back down to $420 though.

[Wilhelm]

Calling a swing of 2.5% in 12 hours stable 

[HarryKPeters]

420 is quite a nice price, but it is too early (just 1 day has passed) to say it is settling there.
Let's wait a few more days and see what the bulls/bears decided is a fair price.

[NorrisK]

Looks like it only settling for short time. I expect to price hit at least 500 by end of year. Market is pretty bullish recently.

Went from $470 yesterday back down to $420 though.

Part of the action. It also went from 500 to 300 and back to 470 again.
Anything can happen, but there are no real signs that tell me we are going to be dropping in general at the moment.

[HarryKPeters]

Calling a swing of 2.5% in 12 hours stable  

Haha yes, let's wait for the next few dats to see what is gong to happen.
If we hold 420 it's safe to say that 420 could be a potential new low, which would be just great right!

[MTBTT]

Looks like it only settling for short time. I expect to price hit at least 500 by end of year. Market is pretty bullish recently.

Went from $470 yesterday back down to $420 though.

Part of the action. It also went from 500 to 300 and back to 470 again.
Anything can happen, but there are no real signs that tell me we are going to be dropping in general at the moment.

I think it'll be interesting how things turn out today.

[randy8777]

i have never thought the price to go sub $400. the dump was just a big whale cashing out some of his coins. now the selling is over, we can continue where we left. i still think we will go over $500 this month.

[Loimu]

Yeah I share the same thoughts as the writer above. Some whale cashed out lot of coins and that's it. Trend is still upwards and $500 might be reality next week already.

[Swordsoffreedom]

BTC/USD seems to be stabilised at around $420-$430.

Thoughts and predictions where it's going to next?

It sticks at 420 For a while before moving upward again and becoming $420 Euro's
Basically 420 Carries on and on for a while

[MTBTT]

BTC/USD seems to be stabilised at around $420-$430.

Thoughts and predictions where it's going to next?

It sticks at 420 For a while before moving upward again and becoming $420 Euro's
Basically 420 Carries on and on for a while

I hope that's true.

[lolikop]

i have never thought the price to go sub $400. the dump was just a big whale cashing out some of his coins. now the selling is over, we can continue where we left. i still think we will go over $500 this month.

No doubt from here

[uki]

Looks like it only settling for short time. I expect to price hit at least 500 by end of year. Market is pretty bullish recently.

Went from $470 yesterday back down to $420 though.

that is perfectly fine. New floor needs to be found, and the area above $400 is already much more than I was hoping for the end of 2015. Taking that earlier predictions into account, this current price action seems to overshoot a little bit, going back to the top of 2015 range ($502) again. That is why we have a sharp drop right now. Let's see where it stops.

[The Sceptical Chymist]

Looks like it only settling for short time. I expect to price hit at least 500 by end of year. Market is pretty bullish recently.

Went from $470 yesterday back down to $420 though.

I was only mildly surprised by this, but I'm glad it didn't fall through $420.  Maybe it's time to go smoke something.

We'll see how long it stays settled.

[mobnepal]

We can see everyone here and in trading ground have strong believe that price will rise to 500 so that psychology seems to work making 420 new buttom . We may see 500+ by end of december, i am holding for now.

[BlackPanda]

$ 500 would be the highest price towards the close of the year. Christmas and long holiday greatly affect the current price.

[helloeverybody]

Stabilising atm then a push towards 500 for Xmas followed by a drop to around 420.